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

submitted 7 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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[–] Kolanaki@yiffit.net 143 points 7 months ago (6 children)

Endless shrimp.

Ends.

[–] OldManBOMBIN@lemmy.world 55 points 7 months ago (1 children)

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

[–] moriquende@lemmy.world 15 points 7 months ago* (last edited 7 months ago)

Me: please do not elaborate

Red Lobster: elaborates

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