Red Lobster has had all you can eat shrimp deals for many years, and they didn’t go out of business then, and likely it’s not the reason for their bankruptcy now.
What is different now, and which has affected many other restaurant chains, is the inflationary prices they have to pay, not only for their food, but for their labor and insurance and building costs and many others.
Once Biden and democrats took over the White House and congress, things stated doing downhill for just about everybody, businesses and people included. McDonald’s is having to charge $18 for a hamburger meal, and that’s unsustainable, and many other restaurants are meeting up with the same kind of craziness. So, unless people are willing to pay for the outrageous prices, many other businesses will also be going the same way as Red Lobster. And, it’s not the ‘all you can eat shrimps’ or ‘all you can eat fries’; it’s the reality of having to pay for the high inflation which is not so easily survived. Blame does not belong with Red Lobster, and most of the blame belongs with the hugely wrong-headed Biden government policies.
Red Lobster has had all you can eat shrimp deals for many years, and they didn’t go out of business then, and likely it’s not the reason for their bankruptcy now.
The same reason Subway abandoned their “$5 Footlong” deal?
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.
What’s different now from a generation or so ago is the introduction of food stamps then ebt. You didn’t see ghettopottomai waddling in then bellying up to the trough until then.