Modern Retail Rundown: Red Lobster’s rebrand, Tapestry-Capri merger falls apart and Amazon expands telehealth services

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On this week’s Modern Retail Rundown, the staff discusses Red Lobster’s rebrand plan, as outlined by its new CEO, Damola Adamolekun. Then, after more than a year of litigations, Tapestry said it is no longer pursuing an $8.5 billion acquisition of Capri. Finally, Amazon’s One Medical service announced it will begin offering virtual treatment plans for ailments like hair loss and skin care, among others.