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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] 14 points 6 months ago (2 children)

I live in Saskatchewan, which is as land locked as it gets in Canada. And for some reason, my city has a Red Lobster. I don't think I've heard anyone talk about going to it because who would expect a seafood restaurant all the way out here to be good? I have no clue how they're making enough money to operate.

(Also, nice pfp! 🐾 )

[–] [email protected] 2 points 6 months ago

Thanks ^///^

[–] [email protected] 19 points 6 months ago (2 children)

Everything in red lobster is frozen anyway.

But then again, all fish is frozen before being served to kill parasites. Even the most delicious sushi will be flash frozen first. I've had high end raw fish in Las Vegas, a literal dessert.

That said, yeah, Red Lobster isn't going to be top notch on the coast, let alone butt fuck nowhere.

[–] [email protected] 5 points 6 months ago

las vegas flies in a cargo jet of fish hourly.

[–] [email protected] 13 points 6 months ago (2 children)

I've had high end raw fish in Las Vegas, a literal dessert.

Fish as a dessert??

[–] [email protected] 4 points 6 months ago* (last edited 6 months ago)

* cries in iron chef *

[–] [email protected] 8 points 6 months ago

Desert. The fish was a desert. It's Las Vegas that's in a dessert, obviously.