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Red Lobster eyes bankruptcy option after $11M in losses from endless shrimp (abcnews.go.com)

submitted 6 months ago by [email protected] to c/[email protected]

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"Last year, Red Lobster reported $11 million in operating losses following its flubbed 'Ultimate Endless Shrimp' deal, which backfired when it reeled in too many customers after the limited-time promo became a permanent menu fixture last June. The restaurant chain later reported $12.5 million in losses in the fourth quarter of 2023."

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[–] [email protected] 26 points 6 months ago (2 children)

The biscuits are the best part and they sell the mix, so not a lot of reason to visit if there's any other options for seafood.

[–] [email protected] 1 points 6 months ago

Now you can make them at home!

[–] [email protected] 10 points 6 months ago (1 children)

The biscuits are amazing

[–] [email protected] 9 points 6 months ago

God yes. When i die, take my ashes to cheddar bay