Red Lobster, Endless Shrimp
Why Red Lobster’s ‘Endless Shrimp’ Is Too Much of a Good Thing
Red Lobster is in trouble. After it filed $11 million in third-quarter operating losses, the seafood chain’s parent company has announced it will sell its majority stake. WSJ explains what went wrong.
How 'endless shrimp' may have ended Red Lobster
Red Lobster faces potential bankruptcy after its "Ultimate Endless Shrimp" promotion, designed to boost customer traffic with its low price point, led to substantial financial losses and failed to improve the company's bottom line.
The demise of Red Lobster is a perfect case study in how to kill a business
With the chain on the verge of bankruptcy, it has become abundantly clear that Red Lobster letting customers eat all the shrimp their hearts desire was not a great business idea. It's also not the reason the restaurant is in a deep financial mess.
Endless Shrimp didn't sink Red Lobster. Wall Street did.
With the chain on the verge of bankruptcy, it has become abundantly clear that Red Lobster letting customers eat all the shrimp their hearts desire was not a great business idea. It's also not the reason the restaurant is in a deep financial mess.
Red Lobster Reported $11 Million in LOSSES Because of ENDLESS SHRIMP
Red Lobster, once a seafood haven synonymous with indulgence, finds itself in troubled waters. Recent financial disclosures reveal staggering losses amounting to $11 million in the third quarter alone,
The fishy death of Red Lobster
Red Lobster may be headed toward bankruptcy, but its business problems go far beyond all-you-can-eat shrimp.
Yahoo2d
8 Tips For Cooking Lobster Tails To Perfection
Lobster has an origin story like few other luxurious food items. In the early days of colonial America, many people ...
P.E.I.'s North Shore lobster season delayed once more
With another strong wind warning in the marine forecast for the Gulf of St. Lawrence, fishers on P.E.I.'s North Shore are ...
Space on MSN1d
Einstein Probe X-ray telescope releases 1st images taken with 'lobster vision'
Einstein Probe, which launched on Jan. 9 aboard a Chinese Long March rocket, is currently undergoing testing and calibration ...
Maine fishermen call on regulators to delay new lobster size rules
As some lobstermen see it, the new minimum catch sizes won't benefit lobsters, but fishermen across the border in Canada.
Red Lobster seeks a buyer as it looks to avoid bankruptcy filing
Beleaguered seafood chain Red Lobster is seeking a buyer as it looks to avoid filing for bankruptcy, CNBC has learned. The ...
How Red Lobster's financial turmoil led to reports of bankruptcy, sale
Red Lobster's financial troubles have history. Here's how the legacy restaurant brand sailed into such choppy waters.
Down East Magazine22h
The Auburn Lobster Festival Sure Seems to Have Legs
The idea for a celebration of Maine's famous crustacean in the inland city began as an April Fools’ Day gag in 2021.
New York Post7d
Red Lobster reportedly looking for a buyer to avoid bankruptcy filing
Red Lobster is seeking to hook a buyer as the struggling seafood chain attempts to avoid bankruptcy, according to a report. The fast-casual chain — known for its cheddar bay biscuits and all-you ...
Weather delays continue for lobster fishers on P.E.I.'s North Shore
Lobster fishermen on the North Shore of P.E.I. are still waiting to start their season as Fisheries and Oceans Canada decided ...
12 Red Lobster Hacks You'll Wish You Knew Sooner
If you're looking to get the most bang for your buck (or just enjoy yourself the most) when dining at Red Lobster, you need ...