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Red Lobster's "Ultimate Endless Shrimp" deal became more popular than expected, becoming a key factor in an $11 million loss in the third quarter.
One of the major blunders made by Red Lobster was its $20 endless shrimp promotion.While the deal made quite the ...
More customers took advantage of Red Lobster's “Ultimate Endless Shrimp” than expected — the key reason for the chain’s roughly $11 million loss in the third quarter of 2023.
Red Lobster called its endless shrimp deal ‘irresistible.’ Then it lost $11M. More customers than expected ordered the specialty dish, which contributed to the overall third-quarter operating ...
Red Lobster revealed Monday its “Ultimate Endless Shrimp” promotion is now “here to stay,” following earlier comments from a major shareholder that the seafood chain needed to create a new ...
Red Lobster location closed (Patrick T Fallon-AFP-Getty Images via CNN Newsource) *New York (CNN) — Last summer, Red Lobster made $20 endless shrimp a permanent menu item.
It sounds like a shrimp-ly irresistible offer, but Red Lobster’s $20 endless shrimp deal was allegedly the main suspect in the chain’s bankruptcy filing earlier this year, the new CEO said ...
After Red Lobster filed for bankruptcy protection on May 19, the seafood restaurant chain’s endless shrimp offering, which was a once limited-time deal that was turned into a permanent ...
Unlimited shrimp may still be off the menu for the foreseeable future, but seven new dishes and three new cocktails have been ...