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Greed, Gluttony and the Crackup of Red Lobster
DNYUZ ^ | September 09, 2024 | Staff

Posted on 09/10/2024 6:25:38 AM PDT by Red Badger

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1 posted on 09/10/2024 6:25:38 AM PDT by Red Badger
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To: Diana in Wisconsin; FamiliarFace; SunkenCiv

Living in Florida by some of the best seafood restaurants on Earth, I never seriously considered ‘Red Lobster’ as a ‘great’ seafood restaurant. It was just one step up from Captain D’s or Long John Silvers......................


2 posted on 09/10/2024 6:30:08 AM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: Red Badger
Who couldn't see this coming?


3 posted on 09/10/2024 6:31:55 AM PDT by HombreSecreto (The life of a repo man is always intense)
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To: Red Badger

The article is looking backwards and not addressing changes Red Lobster is making now, including a new CEO. Full disclosure: I am neither “Pro” nor “Con” Red Lobster, but its cuisine and style has never been among my favorites.


4 posted on 09/10/2024 6:33:02 AM PDT by Wuli
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To: Red Badger

Among employees, news that Endless Shrimp would, in fact, never end was greeted with dread.


Especially because of the “Canadians” who don’t tip.


5 posted on 09/10/2024 6:33:10 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: Red Badger

Wife and I tried to go there Sunday. We stood and waited at the front door for someone to greet and seat us. We waited 5 minutes and no one showed up. We left. Won’t go back either. Red Lobster can die.

I will acknowledge this seems to be a problem everywhere, hosts don’t greet diners promptly, and we have encountered this elsewhere. Is it simply the staff hoping the customers go away?


6 posted on 09/10/2024 6:34:18 AM PDT by BudgieRamone (Everybody loves a bonk on the head)
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To: Wuli

I remember my first meal at a Red Lobster in 1977, right after my discharge from the Marines. It was, okay, nothing special, but expensive at $20!...................$101 in today’s money..............


7 posted on 09/10/2024 6:36:59 AM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: Red Badger

You know your “All You Can Eat” fiasco is doomed once the Tik Tokers turn it into a “challenge.” Shut ‘er down!


8 posted on 09/10/2024 6:37:49 AM PDT by FlingWingFlyer (Liberals are FOS. The greatest threat to "democracy" is freeloader "immigration". Stupid morons.)
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To: BudgieRamone

Ours closed last month.

The problem is the hires....................


9 posted on 09/10/2024 6:38:11 AM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: dfwgator

Amish Canadians!...........................


10 posted on 09/10/2024 6:38:46 AM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: FlingWingFlyer

BTW: Love the term, “Endless Shrimper”. Sounds like a surfin’ song from the 60s.


11 posted on 09/10/2024 6:39:48 AM PDT by FlingWingFlyer (Liberals are FOS. The greatest threat to "democracy" is freeloader "immigration". Stupid morons.)
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To: Red Badger

What gets me is these places letting people sit there for hours stuffing themselves. You would like to think that there would be a reasonable time limit such as an hour or so and then you can, politely at first, ask such people to leave. I guess it should not surprise me as how both greedy and overall rude that many people are nowadays.


12 posted on 09/10/2024 6:39:58 AM PDT by OttawaFreeper ("The Gardens was founded by men-sportsmen-who fought for their country" Conn Smythe, 1966 )
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To: dfwgator

Especially because of the “Canadians” who don’t tip.


Our last visit to RL was 10 years ago outside of Philly. Felt like a night at the appolo pregame hotspot.


13 posted on 09/10/2024 6:42:11 AM PDT by ConservativeWarrior (Fall down seven times, stand up eight. - Japanese proverb)
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To: Red Badger

Golden Gate Capital is an American private equity firm based in San Francisco. The firm makes investments in a number of select industries, including technology, financial services, retail and industrial, through leveraged buyout transactions, as well as significant minority purchases and growth capital investments. As of April 2018, it had over $15 billion in assets under management.

The firm was founded in 2000 by former investment professionals from private equity firm Bain Capital and its affiliate, Bain & Company, led by former Bain Capital partner David Dominik.

On July 28, 2014, Golden Gate completed the purchase of Red Lobster from Darden Restaurants, for $2.1 billion.


14 posted on 09/10/2024 6:50:29 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: FlingWingFlyer

Oddly enough, I was thinking about the other day about the Ponderosa (Red Lobster replaced many Ponderosa restaurants in the mid 1980s when they closed) and how nice it would be to bring back that chain up here in the Great White North, with the salad and dessert bars that were basically all you can eat, along with the soups. Bet you’d have to be careful of the Tik Tokers as what you mentioned in your post, lol.


15 posted on 09/10/2024 6:50:34 AM PDT by OttawaFreeper ("The Gardens was founded by men-sportsmen-who fought for their country" Conn Smythe, 1966 )
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To: dfwgator

IOW, they are ‘CORPORATE RAIDERS’.......................


16 posted on 09/10/2024 6:52:26 AM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: Red Badger

And yet how many Americans even know who runs all these companies?


17 posted on 09/10/2024 6:53:30 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: Red Badger

18 posted on 09/10/2024 6:54:20 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: dfwgator

very few.

What used to be ‘American’ companies are now basically foreign owned.................


19 posted on 09/10/2024 6:54:57 AM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: Red Badger
“The problem is the hires....................”

We have a BINGO.

While not a RL, my wife and I had a dining experience last night that seems to occurs way too often.

A too-long wait to be seated, a frantic, unfriendly server who got the order wrong and acted like it was our fault, sat and waited forever for take home boxes and our check, etc.

We’re not chronic complainers, but when we mentioned our dissatisfaction to the restaurant manager/owner he apologized and said, “It’s a struggle to find people that will even show up for work.”

20 posted on 09/10/2024 7:03:43 AM PDT by daler
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