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

submitted 3 months ago by OldManBOMBIN@lemmy.world to c/nottheonion@lemmy.world

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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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[-] OldManBOMBIN@lemmy.world 55 points 3 months ago

Walks in, limits your shrimp, refuses not to elaborate, leaves the entire world.

[-] moriquende@lemmy.world 15 points 3 months ago* (last edited 3 months ago)

Me: please do not elaborate

Red Lobster: elaborates

this post was submitted on 21 Apr 2024

405 points (98.1% liked)

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