Posted on 05/20/2024 7:07:11 AM PDT by knighthawk
Red Lobster has filed for Chapter 11 bankruptcy protection days after shuttering nearly 100 restaurants across America.
The seafood chain, which has closed restaurants in 27 states, has been struggling with rising lease and labor costs in recent years and also promotions like its iconic all-you-can-eat shrimp deal that backfired.
Demand for one such recent promotion overwhelmed restaurants, reportedly contributing to hundreds of millions in losses.
(Excerpt) Read more at dailymail.co.uk ...
Yes, bottom feeders.
No shellfish at all, no scales, like catfish and eels, no eating either..................
Well I recently went to a r3steraunt that had “lime chicken” which was dry, but the lime and chicken flavor “made me want to try it again”, and I’m glad I did as the next few times it was truly delicious.
Probably what I should have done the first time was send it back, but I didn’t, I just ate it. I mean it wasn’t horrible, but it wasn’t what I would consider good either
Now, if I go to a resteraunt and get sick from the food, that is a different story. Had bad experience at a local Wendy’s, and never went back.
I miss that r3steraunt. And Howard Johnsons too.
Yet, Subway has had their $5 foot-long deal for many years too, and they didn’t go out of business years ago.
While the rest of the country enjoyed $5 footlongs they weren’t offered in California. The cost of operations within the state was prohibitive.
I was a college student some 40+ years ago. A local hotel had daily happy hour specials. It was all you could eat as long as you bought a drink. They got wiped out for Shrimp and Taco days. LOL...
Subway was wise to abandon Jared’s 6 inch kid’s meal.
Which means they won’t admit the real reason(s).
Short term, they’re getting killed by Bidenomics, just like the entire restaurant industry.
Long term, their clientele has undergone a gradual shift over the decades to a — shall we say — less profitable clientele. (Think Carnival Cruises).
In either case, the real reason is something they would be unwilling or unable to admit. Therefore, they concocted the all-you-can-eat shrimp ruse.
Not to get too far adrift, but in short I believe for the most part lobsters are often knocked out or otherwise killed with a knife to the head or somesuch before being boiled. It is still unclear whether they feel pain in the same way that humans or mammals do.
Humans have allowed Deep State to price them out of the labor market.
R/L made the shrimp offer to increase restaurant traffic.
That it did.
Problem arose when patrons gorging on shrimp werent leaving to make room for
the newer patrons, as the latter, tired of waiting, left to patronize another restaurant.
I’ve seen families of four or five come in and order two AYCE meals, then feed the entire family. Not once was anyone called out for doing that.
Give it all away, and make it up in volume.
Gotta to be more to it than “all you can eat shrimp” for pete’s sake!
My kid Red Lobster last year for a meal while visiting at college. Just wasn’t what it used to be.
I can see the brand has lost it’s luster.
I know one Red Lobster place about 20 minutes from me. Have not been there in at least 25 years.
I like pasta, but having lived in southern Italy for three years as a “tween,” I can be a bit of a pasta snob.
I make my own pasta dishes and there are a couple of little hole-in-the-wall restaurants owned by Neapolitans in Houston that I go to occasionally.
I’m not a fan of Olive Garden. I don’t think they’re terrible, just a bit bland.
How do you “drown” a lobster?
Not my favorite restaurant - seafood is either too salty or covered in butter and sauces. Have been only once and never returned.
My local market sells good flash frozen shrimp and scallops that’s far better quality and very easy to cook at home.
“Outrageous prices for flash frozen precooked meals re-heated in a 500 degree oven, then served by sultry wait staff....................”
The best thing about Red Lobster was the commercials. If the food only tasted as good as it looked on TV.
How does Golden Corral manage to survive, sounds like blame game
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