[RomanSoldier19]

[Reno89519]

Elsewhere the count is 100+. And they are selling off the equipment quickly.

[ProtectOurFreedom]

LOL...that is hilarious! Those poor doggies.

[Right_Wing_Madman]

The restaurant business has been taking a beating because costs have skyrocketed for everything and people have less disposable income, but the economy is doing great!

[Celtic Conservative]

They closed my local store. I hadn’t been there in years.

CC

[libertylover]

Last time I was in one, about 2 months ago, the price for lunch time fish-and-chips was nearly $20.00. I’ll never go back, and I don’t think this will play well in my small town.

[Paul R.]

Apparently the Thai seafood company that bought RL sold off the real estate the restaurants sat on (or in), to generate a cash infusion, but then the rent killed the poorer performing restaurants.

(That’s the quickie version — there are much more complete explanations online from people in the biz.)

Probably they should have just sold off the poor performers and consolidated, but that would have reduced the owners’ seafood business, so they were (I suspect) loath to do that.

[Brian Griffin]

The company has been in business for decades.

It should have a very small debt burden.

[MinorityRepublican]

Too many chains. I've noticed the quality is not really there like it used to be before covid.

Personally, I prefer independent Mexican restaurants.

The quality is there. And the prices tend to be reasonable.

[StrictConstructionist]

Welcome to Bidenomics.

[UnwashedPeasant]

Red Lobster is the K-mart of restaurants.

I am surprised they are still around.

Seems like they stopped advertising in 1978.

[HIDEK6]

The restaurant problem can be blamed on the surly and defiant attitude that their workers exhibit toward customers.

If you’re going to be disrespected and abused, you might as well stay home.

[who_would_fardels_bear]

Way back in the 80's I remember that most dishes on Red Lobster's menu were fried and the prices were reasonable for a family of four out to dinner.

Then PC invaded the food world and everything was grilled, baked, or boiled... and the prices went through the roof.

Red Lobster became the Penney's of sit-down dining: Too expensive for the average family, and too down market for the well-to-do.

[Auntie Dem]

I went to a local Red Lobster about 3 weeks ago. First time in about 3 years. Average menu items were around $30. I ordered the Admiral’s Feast—essentially all items deep fried. I was looking forward to their cheesy biscuits, which I really liked 3 years ago, but they didn’t arrive until I was about 3/4 ths through my dinner, and they were cold when they did come. The Admiral’s Feast was only so-so. The worst part was later that night I had food poisoning and was barfing my guts out for 4 hours. Maybe I should get in line before the bankruptcy gets too far along.

[Freest Republican]

and not that long ago, the idiot CEO was blaming all you can eat shrimp.

[caver]

Since most entrees are about $30 a pop, we don’t go there.

[GreenLanternCorps]

My Mom and I ate at a Red Lobster a few months ago. Not horrible, but overpriced for what we got.

[1Old Pro]

Restaurants go out of business - Howard Johnsons et al