this post was submitted on 18 Apr 2024
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chapotraphouse

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[–] [email protected] 44 points 6 months ago (1 children)

It makes for a funny headline, but that's like 0.4% of the chain's total revenue of around 2.6 billion in 2023

More likely the private equity firm that bought Red Lobster is running it into the ground on purpose to do some credit bidding buy back bankruptcy scam that's somehow technically legal to write off a bunch of debt.

[–] [email protected] 28 points 6 months ago* (last edited 6 months ago) (2 children)

I think it's an ad.

I'm Crazy Eddie and my furniture prices are so low I must be insane!

Red Lobster's all you can eat shrimp is such a great deal they're considering bankruptcy!

Or maybe I'm too paranoid. shrug-outta-hecks

[–] [email protected] 10 points 6 months ago

On the one hand I wouldn't be surprised if there was some "Hollywood marketing" going on here to evade taxes, on the other I can't remember the last time I or anyone I know ate at a Red Lobster so I wouldn't be surprised if it's going bankrupt.

[–] [email protected] 5 points 6 months ago

I remember hearing this same thing last year. I agree it's an ad

[–] [email protected] 34 points 6 months ago (1 children)

AND THIS IS THE SECOND TIME IT'S HAPPENED!

THEY ALMOST WENT BANKRUPT THE FIRST TIME THEY DID IT

WHY WOULD THEY DO IT AGAIN?

[–] [email protected] 36 points 6 months ago (1 children)

Money isn’t the most important thing in life. If your dream is giving people unjustifiable amounts of shrimp and cocktail sauce then you have to shoot your shot.

[–] [email protected] 16 points 6 months ago

Critical support to the bourgeoisie on this one.

[–] [email protected] 32 points 6 months ago

If $11 million is make-or-break money for your national restaurant chain, you have bigger problems than a loss leader that lost a little too much

[–] [email protected] 27 points 6 months ago (3 children)
[–] [email protected] 21 points 6 months ago* (last edited 6 months ago)

Meet Bottomless Pete, Nature's cruelest mistake!

[–] [email protected] 8 points 6 months ago

oh good someone posted my comment for me

[–] [email protected] 1 points 6 months ago

I found a YouTube link in your comment. Here are links to the same video on alternative frontends that protect your privacy:

[–] [email protected] 26 points 6 months ago (1 children)

Never bet on Americans not eating a lot of food.

This is basic not-invading-russia-in-the-winter type shit

[–] [email protected] 9 points 6 months ago

Invading russia in general seems to be a poor idea

[–] [email protected] 23 points 6 months ago (2 children)

how many shrimps do you have to eat before you make your skin turn pink?

[–] [email protected] 14 points 6 months ago (1 children)

You gotta eat the shells, that's the important part

[–] [email protected] 2 points 6 months ago

Correctly cooked shrimp shell is delicious

[–] [email protected] 12 points 6 months ago

Flamingo ooooohhh oh

[–] [email protected] 19 points 6 months ago

Unlimited shrimp on Red LobSSter 🦞 qin-shi-huangdi-fireball

[–] [email protected] 18 points 6 months ago

Sorry guys, went a little overboard last night.

[–] [email protected] 16 points 6 months ago

costanza-maoist

Destroying American businesses by eating too much shrimp

[–] [email protected] 15 points 6 months ago

Sorry not sorry that I ate $11 million worth of shrimp

[–] [email protected] 13 points 6 months ago

I would simply charge a small amount more for shrimp, but I'm no capitalist.

[–] [email protected] 10 points 6 months ago

Did the Three 6 Mafia teach people nothing?

[–] [email protected] 10 points 6 months ago

Xi eaten all shrimps with his comically huge chopsticks

[–] [email protected] 9 points 6 months ago

homer-bye my work here is done

[–] [email protected] 8 points 6 months ago

Sorry I eated it all

[–] [email protected] 7 points 6 months ago
[–] [email protected] 7 points 6 months ago

The West has fallen