Current Events > Too Much Shrimp Forces Several Red Lobsters To Close Doors

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BakonBitz
05/15/24 6:04:53 PM
#1:


https://www.krqe.com/news/national/red-lobster-is-closing-dozens-of-restaurants-and-auctioning-off-furniture-equipment/

The Endless Shrimp promotion has been incredibly successful...too successful in fact, that it cost the company millions. In a move to recoup losses, Red Lobster is closing close to 50 locations across the nation.

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s0nicfan
05/15/24 6:07:02 PM
#2:


https://gamefaqs.gamespot.com/a/forum/a/a45c2b92.jpg

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Cynrascal
05/15/24 6:15:18 PM
#3:


They didn't learn from Popeyes and the chicken sandwich.

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ProfessorKukui
05/15/24 6:38:27 PM
#4:


damn, Millenials killed yet another thing

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Irony
05/15/24 6:38:56 PM
#5:


The problem is seafood is not very filling

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DipDipDiver
05/15/24 6:42:18 PM
#6:


Cynrascal posted...
They didn't learn from Popeyes and the chicken sandwich.
Or from themselves, they've done this before lol

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creativerealms
05/15/24 6:47:13 PM
#7:


Endless Shrimp has been a standard promotion of theirs. How were they to know this time it would doom them.

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HashtagSEP
05/15/24 6:50:14 PM
#8:


creativerealms posted...
Endless Shrimp has been a standard promotion of theirs. How were they to know this time it would doom them.

Well, the problem was making it permanent.

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CRON
05/15/24 6:50:32 PM
#9:


I read a very unhinged theory as to why this happened and why it won't be publicized

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CE_gonna_CE
05/15/24 6:53:11 PM
#10:


CRON posted...
I read a very unhinged theory as to why this happened and why it won't be publicized
Well now youve opened that door

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thronedfire2
05/15/24 6:55:05 PM
#11:


creativerealms posted...
Endless Shrimp has been a standard promotion of theirs. How were they to know this time it would doom them.

because people used to go to red lobster for...lobster.

these days most people going to a red lobster just want to get the cheapest seafood possible, and obviously all you can eat shrimp is the best deal.

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sabin017
05/15/24 6:55:32 PM
#12:


I imagined a bunch of shrimp picketing outside.

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BakonBitz
05/15/24 6:58:57 PM
#13:


CRON posted...
I read a very unhinged theory as to why this happened and why it won't be publicized
Is it because of the TikTok "eat as much shrimp as you can" challenge?

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AlleyViper620
05/15/24 7:00:07 PM
#14:


Arguably the greatest service I've ever had in a restaurant was years ago during endless shrimp at Red Lobster. The waitress was bringing them out faster than I could eat them. I was shocked because normally it feels like they're deliberately rate limiting me, probably to avoid the issues in the OP.

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s0nicfan
05/15/24 7:06:42 PM
#15:


thronedfire2 posted...
because people used to go to red lobster for...lobster.

these days most people going to a red lobster just want to get the cheapest seafood possible, and obviously all you can eat shrimp is the best deal.

I thought Long John Silver was for the people who wanted seafood as cheap as possible and Red Lobster was for the Olive Garden crowd that's never been to an actual seafood restaurant and thinks that it's fine dining.

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thronedfire2
05/15/24 7:08:11 PM
#16:


s0nicfan posted...
I thought Long John Silver was for the people who wanted seafood as cheap as possible and Red Lobster was for the Olive Garden crowd that's never been to an actual seafood restaurant and thinks that it's fine dining.

yeah but Long John Silver doesn't do endless shrimp. or endless anything, afaik

and there's only one LJS location in my entire state, so that's probably part of it

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Antifar
05/15/24 7:10:21 PM
#17:


Apparently it's pretty common in the chain restaurant industry for nationally imposed deals like this to be loss leaders and bad news for individual franchises in higher cost areas. A lot of Subways went under because of $5 footlongs

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creativerealms
05/15/24 7:11:34 PM
#18:


That's why these things should be specials and not regular items


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BakonBitz
05/15/24 7:15:30 PM
#19:


thronedfire2 posted...
yeah but Long John Silver doesn't do endless shrimp. or endless anything, afaik

and there's only one LJS location in my entire state, so that's probably part of it
It's no longer becoming a cheap alternative either. Combos (not the platters) are approaching $10+ over here.

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Kradek
05/15/24 7:21:43 PM
#20:


thronedfire2 posted...
because people used to go to red lobster for...lobster.

these days most people going to a red lobster just want to get the cheapest seafood possible, and obviously all you can eat shrimp is the best deal.

I used to go for crab legs and the price of crab legs has become obscenely high in recent years. Sad, was my like one birthday tradition.

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ForsakenHermit
05/15/24 8:13:55 PM
#21:


Leveraged buyouts should be banned.

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