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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 ...
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 ...
In 2023, Red Lobster was further knocked off balance by its $20 endless shrimp offer that became much more popular with customers than anticipated. The all-you-can-eat menu option was previously a ...
In November 2023, Red Lobster increased the price of its "Ultimate Endless Shrimp" deal to $25, noting that unprecedented demand for the low-cost unlimited deal actually ended up hurting the ...
The promotion has been a tradition at the chain for more than 18 years, but Red Lobster made endless shrimp a permanent fixture on the menu.
Is this the end of endless shrimp? Red Lobster closed at least 48 restaurants across the country on Monday as it considers filing for bankruptcy.. Are Ohio locations affected? Here's what to know.
The Ultimate Endless Shrimp promotion was an original tactic launched in June 2023 to bring in extra customers despite the restaurant creating a similar endless crab promotion in 2003, which ...
Red Lobster's parent company, Thai Union Group, said in November 2023 that the chain was headed toward a $20 million loss for 2023. Now the endless shrimp deal costs $25.