Chowist Web Search

Search results

1. Results From The WOW.Com Content Network

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 to close at least 48 restaurants after ‘endless ...

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

   The troubled Red Lobster restaurant chain is closing down at least 48 of its roughly 650 branches across the US, according to a restaurant liquidation company. Neal Sherman, the chief executive of ...

4. 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 ...

5. Red Lobster - Wikipedia

   en.wikipedia.org/wiki/Red_Lobster

   In June 2023, Red Lobster reintroduced Ultimate Endless Shrimp, normally run as a limited-time promotion during autumn, as a permanent addition to their menu. [43] For $20, guests could order two shrimp dishes to start, and keep ordering until they were full.

6. Column: It wasn't just the endless shrimp — Red Lobster's ...

   www.aol.com/news/column-wasnt-just-endless...

   According to the bankruptcy filing, the restaurants' guest count is still about 30% below its pre-pandemic level. Over the last year, its operating earnings have fallen by 60%. The chain lost $76 ...

7. 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 ...