Not The Onion

12273 readers

1376 users here now

Welcome

We're not The Onion! Not affiliated with them in any way! Not operated by them in any way! All the news here is real!

The Rules

Posts must be:

Links to news stories from...
...credible sources, with...
...their original headlines, that...
...would make people who see the headline think, “That has got to be a story from The Onion, America’s Finest News Source.”

Comments must abide by the server rules for Lemmy.world and generally abstain from trollish, bigoted, or otherwise disruptive behavior that makes this community less fun for everyone.

And that’s basically it!

founded 1 year ago

MODERATORS

kescusay@lemmy.world

404

Red Lobster eyes bankruptcy option after $11M in losses from endless shrimp (abcnews.go.com)

submitted 6 months ago by OldManBOMBIN@lemmy.world to c/nottheonion@lemmy.world

88 comments fedilink hide all child comments

"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."

you are viewing a single comment's thread
view the rest of the comments

[–] hark@lemmy.world 18 points 6 months ago (1 children)

I've only gone to red lobster for the endless shrimp (though there are much better all-you-can-eat options out there). They should try making their regular offerings better. It also doesn't help that private equity is in the middle of raiding the company and that's probably the main reason they're currently eyeing bankruptcy.

[–] Jimmycakes@lemmy.world 8 points 6 months ago

Same with olive garden they want the decades old prime real estate. They could give a fuck about the restaurant