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2. Endless shrimp contributed to an $11 million loss at Red ...

   www.aol.com/finance/endless-shrimp-contributed...

   Red Lobster’s Endless Shrimp promotion was a big part of the reason the chain reported an $11 million operating loss in the third quarter of last year. Now, as it gears up for Lobsterfest 2024 ...

3. Red Lobster Is Heading For Bankruptcy After Losing $11M On ...

   www.aol.com/red-lobster-heading-bankruptcy...

   The pandemic and labor costs aren't the only culprit of Red Lobster's declining profits. Those all-you-can-eat promotions have also caused a toll. Its $20 Ultimate Endless Shrimp deal cost the ...

4. Red Lobster to close at least 48 restaurants after ‘endless ...

   www.aol.com/red-lobster-close-least-48-012358162...

   Red Lobster to close at least 48 restaurants after ‘endless shrimp’ debacle. Io Dodds. May 13, 2024 at 9:23 PM. It was recently announced that the troubled seafood restaurant chain Red Lobster ...

5. Red Lobster is blaming its bankruptcy on top ... - AOL

   www.aol.com/finance/red-lobster-blaming...

   The new CEO at seafood chain Red Lobster said an endless shrimp deal was a nail in the coffin for the brand, which filed for bankruptcy this week.. While restaurants for the crab, lobster, and ...

6. Red Lobster was nearly crippled by all-you-can-eat shrimp ...

   www.aol.com/red-lobster-offering-endless-lobster...

   Red Lobster is in trouble. Its solution: all-you-can-eat lobster, just months after an endless shrimp promotion led to deep losses that the company is still trying to dig out of. In celebration of ...

7. Red Lobster didn’t go bankrupt because of $20 Endless Shrimp ...

   www.aol.com/finance/red-lobster-didn-t-bankrupt...

   According to Red Lobster’s filing, “Endless Shrimp” was historically a limited-time promotion. However, former CEO Paul Kenny decided to add it as a permanent menu item in May 2023 despite ...