• roguetrick@kbin.social
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    11 months ago

    That’s back when they were owned by Darden, who decided to spin them off because seafood prices were too volatile.

    Edit: what’s funny about this is Darden was a restaurant group that mostly didn’t focus on seafood, so red lobster wasn’t a good fit. This company, Thai Union group, is a seafood packaging group (chicken of the sea, King Oscar), which also puts into question how well they’re able to supply fresh fish. I don’t think red lobster will ever be consistently profitable for these corporate chains.

    Edit 2: Oh, they supplied the shrimp with slave labor, lol

    Thailand’s seafood industry, and by implication, the Thai Union, was the subject of a year-long study of the Thai shrimp industry commissioned by Nestlé. The report, conducted by Verité on behalf of Vevey-based Nestlé, was released on 23 November 2015. It found “indicators of forced labor, trafficking, and child labor to be present among sea-based and land-based workers.”[28]

    https://en.wikipedia.org/wiki/Thai_Union_Group