Markets

Thai Union's CEO has been quietly visiting Red Lobster restaurants ahead of new plan to turn around the struggling chain

New management set to take over in the coming months demonstrates Thai Union's commitment to turning around Red Lobster.

Like so many restaurant chains, Red Lobster was hurt significantly by COVID shutdowns and the resulting loss of consumer traffic. Can Thai Union turnaround the struggling franchise and take it in a new direction?
Like so many restaurant chains, Red Lobster was hurt significantly by COVID shutdowns and the resulting loss of consumer traffic. Can Thai Union turnaround the struggling franchise and take it in a new direction?Photo: melissamn / Shutterstock.com
Thai UnionRed LobsterThiraphong ChansiriBualuang SecuritiesChicken of the Sea
Published 7 November 2022, 05:00Updated 7 November 2022, 20:06