Red Lobster eyes bankruptcy option after $11M in losses from endless shrimp
![](https://lemmy.world/pictrs/image/41e39366-cb91-4d4a-bc07-a47621cb7d5f.jpeg)
![Red Lobster eyes bankruptcy option after $11M in losses from endless shrimp](https://lemmy.world/pictrs/image/5d2b49c3-f552-45dd-aad2-196d199ecf17.jpeg?format=jpg&thumbnail=256)
abcnews.go.com
"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
The biscuits are the best part and they sell the mix, so not a lot of reason to visit if there's any other options for seafood.
The biscuits are amazing
God yes. When i die, take my ashes to cheddar bay
Now you can make them at home!