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Posted: 5/1/2024 11:32:01 AM EDT
 Red Lobster Is Hemorrhaging Millions Because of Endless Shrimp | WSJ What Went Wrong 
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Posted: 5/1/2024 11:38:47 AM EDT
[Last Edit: KILLERB6]
[#1]
IBTL.
I’m not even going to @ middy on this one. |
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Posted: 5/1/2024 11:41:13 AM EDT
[#2]
I haven’t been to a red lobster in over 20 years. Quality wasn’t great at non-promo prices. $20 all-you-can-eat doesn’t sound appetizing at all.
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Posted: 5/1/2024 11:41:18 AM EDT
[#3]
Wait, endless shrimp is still a thing?
 I know where i'm going for dinner tomorrow night. |
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Posted: 5/1/2024 11:45:35 AM EDT
[#4]
I thought it was lobster.
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Posted: 5/1/2024 11:45:42 AM EDT
[#5]
Did it occur to them to maybe stop giving away free food?
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USA
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Posted: 5/1/2024 11:45:57 AM EDT
[Last Edit: Ronin72]
[#6]
Quote HistoryOriginally Posted By GonnaNeedaBiggerBoat: Wait, endless shrimp is still a thing? /media/mediaFiles/sharedAlbum/5A7AD4F8-08B4-4F6B-B868-C68621831B0C-694.gif I know where i'm going for dinner tomorrow night. It's only available on certain days. Uh, a friend told me that. 
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Posted: 5/1/2024 11:46:46 AM EDT
[#7]
MOAR SKRIMPS
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NC, USA
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Posted: 5/1/2024 11:47:26 AM EDT
[#8]
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Posted: 5/1/2024 11:47:36 AM EDT
[#9]
Red Lobster is shit seafood.
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UT, USA
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Posted: 5/1/2024 11:53:27 AM EDT
[#10]
they had to hire a restructuring specialist to figure out they needed to raise the price to make more money?
 I wonder what he gets paid? I should hire myself out as a restructuring specialist too.... |
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Posted: 5/1/2024 11:53:53 AM EDT
[#11]
They are losing money because they went the way of Sizzler, and Olive Garden.
Outdoing itself on cheaper and cheaper ingredients. |
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Posted: 5/1/2024 11:55:03 AM EDT
[#12]
lol... is there anything men can't do?
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CO, USA
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Posted: 5/1/2024 11:57:23 AM EDT
[#13]
Every time I've tried to do endless whatever at a restaurant it never happens because I'm assuming the waiters are taught to disappear for an hour after serving the first plate
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Posted: 5/1/2024 11:57:56 AM EDT
[#14]
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Posted: 5/1/2024 11:58:19 AM EDT
[#15]
I’ll stick to fresh seafood. Yes, I’m a snob in that regard.
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Posted: 5/1/2024 12:00:56 PM EDT
[#16]
Guilty as charged. Wife loves shrimp... not sorry.
Because...   |
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Posted: 5/1/2024 12:02:13 PM EDT
[#17]
Red Lobster has been bleeding red ink for years. They never learn anything. Their endless snow crab debacle cost them millions in the early 2000's. Even though they've had new owners for ten years, they just keep repeating their mistake.
Disclosure: Darden, their former owners, used to be a client of mine. I made a lot of money from them but they never listened to me or any of the other consultants they hired. They seemed to want consultants who told them how wonderful they were despite their business falling to pieces around their ears. |
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Posted: 5/1/2024 12:04:00 PM EDT
[#18]
Looks like it's only Monday and $25 now.
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Posted: 5/1/2024 12:05:23 PM EDT
[#19]
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Posted: 5/1/2024 12:05:31 PM EDT
[#20]
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FL, USA
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Posted: 5/1/2024 12:07:53 PM EDT
[#21]
Reb Lobster?
Is that the place next to Confederate Crawfish? |
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USA
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Posted: 5/1/2024 12:13:17 PM EDT
[#22]
Skrimps?
Dem biscuits is where its at. I haven't eaten there in 20 years.
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Posted: 5/1/2024 12:14:48 PM EDT
[#23]
Originally Posted By greyninja:  https://www.youtube.com/watch?v=ziixxmJ2wPYhttps://i.imgur.com/831BChG.jpeg Very nice side fat 
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Posted: 5/1/2024 12:16:29 PM EDT
[#24]
Is this happening across the board or just in certain areas?
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Posted: 5/1/2024 12:18:33 PM EDT
[#25]
I think our RL is circling the drain. Probably my fault , never ate there. The Golden Corral nearby just closed up too.
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Posted: 5/1/2024 12:19:13 PM EDT
[#26]
Quote HistoryOriginally Posted By Cascade-Dude: Red Lobster has been bleeding red ink for years. They never learn anything. Their endless snow crab debacle cost them millions in the early 2000's. Even though they've had new owners for ten years, they just keep repeating their mistake. Disclosure: Darden, their former owners, used to be a client of mine. I made a lot of money from them but they never listened to me or any of the other consultants they hired. They seemed to want consultants who told them how wonderful they were despite their business falling to pieces around their ears. "But that's our thing!"
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Posted: 5/1/2024 12:19:46 PM EDT
[#27]
If it is killing the company, then why are they still offering endless shrimp.
As a side note, I remember one year they offered endless snow crab I ate a lot of crab legs.
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Posted: 5/1/2024 12:20:47 PM EDT
[#28]
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TN, USA
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Posted: 5/1/2024 12:21:31 PM EDT
[#29]
A long time ago they had "Crabby Monday" with endless crab legs.
It was pretty popular but didn't last very long. |
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Posted: 5/1/2024 12:25:56 PM EDT
[#30]
Quote HistoryOriginally Posted By FuriousYachtsman: I haven’t been to a red lobster in over 20 years. Quality wasn’t great at non-promo prices. $20 all-you-can-eat doesn’t sound appetizing at all. Agreed. It's basically a pig trough |
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Posted: 5/1/2024 12:26:57 PM EDT
[#31]
Quote HistoryOriginally Posted By Gator: "But that's our thing!" You nailed it. I actually heard that once. I had to bite my tongue to keep from saying, "You lost $3 million on your thing last year alone." It wasn't a healthy relationship but they foolishly signed a contract with my start-of-rate-negotiations rate without negotiating. And by that time, it was clear they couldn't care less what I told them and didn't mind paying me about 30% over my normal rates. So I kept it zipped and cashed their checks for another year. Sometimes, you have to pick your battles. Even when it's with your own client. |
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Posted: 5/1/2024 12:28:25 PM EDT
[Last Edit: TxRabbitBane]
[#32]
About a million years ago a friend of mine and I wrecked all-you-can-eat snow crab clusters. There was a copious amount of beer involved too, IIRC. That offer didn’t last long.
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Posted: 5/1/2024 12:28:44 PM EDT
[#33]
about 18 years ago I gave up on Red Lobster and never looked back.
Food went from great to bla. |
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Posted: 5/1/2024 12:29:01 PM EDT
[Last Edit: Cascade-Dude]
[#34]
Quote HistoryOriginally Posted By FlashHole: If it is killing the company, then why are they still offering endless shrimp. As a side note, I remember one year they offered endless snow crab I ate a lot of crab legs.I asked them the same thing about their snow crab offer back in the 2000's. They gave me a bunch of corpspeak gobbledygook. They lost a lot of money on the snow crabs too. Some people like shooting themselves in the foot repeatedly because the old scars make good aimpoints. |
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Posted: 5/1/2024 12:31:14 PM EDT
[#35]
Quote HistoryOriginally Posted By RouxGaRoux: Every time I've tried to do endless whatever at a restaurant it never happens because I'm assuming the waiters are taught to disappear for an hour after serving the first plate OMG, TRUTH. |
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Posted: 5/1/2024 12:33:09 PM EDT
[#36]
everytime i drive by the local red lobster. the parking lot is usually filled with total shit boxes or brand new chargers.
i avoid at all costs |
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Posted: 5/1/2024 12:41:39 PM EDT
[#37]
I'm from the home of the original Red Lobster (the building was still there last time I drove by). Never set foot in one (seafood smell makes me gag, probably PTSD from a bad date)
But I have had their cheese biscuits, those didn't suck. |
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Posted: 5/1/2024 12:47:18 PM EDT
[#38]
Quote HistoryOriginally Posted By WaylonLemmyJohnny: everytime i drive by the local red lobster. the parking lot is usually filled with total shit boxes or brand new chargers. i avoid at all costs 
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TX, USA
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Posted: 5/1/2024 1:06:06 PM EDT
[#39]
This inspires me that men could all team up, hit the all-you-can-eat restaurants at Disney parks -and- put those pedos out of business once and for all WHILE having a tasty dinner? Hmm.
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Posted: 5/1/2024 1:07:10 PM EDT
[#40]
“Endless” anything is stupid, because it draws in Gluttons and Fatbodies like ants. Everybody loves to get “Free Shit”.
There’s a good percentage of people, who will pay any price and suffer any indignity, to get their Free Shit. Endless Pasta or Breadsticks or Salad is do-able, because the ingredients are cheap. |
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Posted: 5/1/2024 1:12:46 PM EDT
[Last Edit: kc-coyote]
[#41]
Did OP watch the video he posted? Men are not even mentioned as the cause, rather it has several clips of women saying how they are going to take advantage of the endless shrimp deal.
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MO, USA
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Posted: 5/1/2024 1:14:39 PM EDT
[#42]
Mmm…all you can eat microwaved shrimp.
If they’re still running that promotion they deserve their Chapter 11. |
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AZ, USA
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Posted: 5/1/2024 1:14:56 PM EDT
[#43]
Hard to believe they lose money JUST because of the shrimp. They lose money because they don’t know how to run a business. They are realizing you can’t price your way to prosperity.
Run a better business. |
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USA
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Posted: 5/1/2024 1:15:41 PM EDT
[#44]
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MO, USA
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Posted: 5/1/2024 1:16:26 PM EDT
[#45]
Quote HistoryOriginally Posted By RouxGaRoux: Every time I've tried to do endless whatever at a restaurant it never happens because I'm assuming the waiters are taught to disappear for an hour after serving the first plate That’s the ruse. Like the free unlimited bread sticks at Fazolis. They bake six at a time every 40 minutes. |
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MO, USA
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Posted: 5/1/2024 1:19:42 PM EDT
[#46]
Quote HistoryOriginally Posted By fastluck13: Hard to believe they lose money JUST because of the shrimp. They lose money because they don’t know how to run a business. They are realizing you can’t price your way to prosperity. Run a better business. “Table of six, one order of endless shrimp and six glasses of water.” |
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Posted: 5/1/2024 1:21:06 PM EDT
[#47]
Quote History |
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Posted: 5/1/2024 1:21:23 PM EDT
[#48]
I remember when RL was a place you got dressed up to go to. That was a very, very long time ago…
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Posted: 5/1/2024 1:21:45 PM EDT
[#49]
Ban OP for that picture
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Posted: 5/1/2024 1:21:59 PM EDT
[#50]
Quote HistoryOriginally Posted By Falcon09: Red Lobster is shit seafood. |
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