Richard Collings

Richard Collings is a retail sector specialist focusing on deal-related activity within the industry for Axios Pro. He has previously worked for Mergermarket, The Deal, S&P Global Market Intelligence, Fitch Solutions and Adweek. Richard's email is richard.collings@axios.com and he can be found on Twitter @RichCollings.

Biography:  https://www.axios.com/authors/rcollings

100%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.

Bias

100%

Examples:

No current examples available.

Conflicts of Interest

100%

Examples:

No current examples available.

Contradictions

85%

Examples:

  • Dozens of Red Lobster locations have begun selling off assets through a liquidator.
  • Red Lobster plans to reduce its locations and sell most of its assets.
  • The company's estimated liabilities are between $1 billion to $10 billion.

Deceptions

100%

Examples:

No current examples available.

Recent Articles

Red Lobster Files for Bankruptcy: Struggling Seafood Chain Seeks Relief Amidst Financial Challenges and Closures

Red Lobster Files for Bankruptcy: Struggling Seafood Chain Seeks Relief Amidst Financial Challenges and Closures

Broke On: Friday, 19 May 2023 Red Lobster, a historic seafood chain founded in 1968, filed for Chapter 11 bankruptcy on May 19, 2023. The filing follows several years of financial struggles and closures of locations in Wisconsin and nationwide. Despite the bankruptcy, Red Lobster plans to continue operations with $100 million in financing from existing lenders. Poor business decisions like expanding the Endless Shrimp promotion led to increased prices and reduced earnings, contributing to the chain's challenges.