“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.”

  • wreckedcarzz@lemmy.world
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    3 months ago

    Well considering that I’m a “millennial” and literally not a single person I know has ever visited, requested, or mentioned Red Lobster as a restaurant choice… they might have deeper trouble than some shitty shrimp. Can’t run a business forever when your largest potential market is 65+…

    • protist@mander.xyz
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      3 months ago

      The “endless shrimp” excuse seems like a marketing ploy. Doesn’t hit as hard as “no one’s coming to our restaurants to eat our shitty food.”

    • turmacar@lemmy.world
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      3 months ago

      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.

    • brygphilomena@lemmy.world
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      3 months ago

      They always had the perception of expensive for me. So growing up, they were a special occasion place to get seafood. I’ve been a few times in the last few years. Their food was good, but not great and the places were never packed.

      Between Red Lobster and almost any other seafood place, the other one would win out for taste and quality.

      They had a huge marketing issue, offering “cheap” all you can eat, but making the place look and try to feel like a upscale option when it was basically a seafood Applebee’s.

      • stoly@lemmy.world
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        3 months ago

        It’s like Panera or Olive Garden. Just boring flavorless food that is only attractive to people who don’t know better.