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[–] 44 points 2 years ago (3 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.

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  • [–] 28 points 2 years ago* (last edited 2 years 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

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  • [–] 10 points 2 years 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.

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  • [–] 34 points 2 years ago (2 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?

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  • [–] 32 points 2 years 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

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  • [–] 27 points 2 years ago (3 children)
  • [–] 26 points 2 years ago (1 child)

    Never bet on Americans not eating a lot of food.

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

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  • [–] 23 points 2 years ago (3 children)

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

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  • [–] 19 points 2 years ago

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

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  • [–] 18 points 2 years ago

    Sorry guys, went a little overboard last night.

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  • [+] 16 points 2 years ago* (last edited 1 year ago)
    [–] 15 points 2 years ago

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

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  • [–] 13 points 2 years ago

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

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  • Xi eaten all shrimps with his comically huge chopsticks

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  • [–] 10 points 2 years ago

    Did the Three 6 Mafia teach people nothing?

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  • [–] 9 points 2 years ago

    homer-bye my work here is done

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  • [–] 8 points 2 years ago

    Sorry I eated it all

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  • [–] 7 points 2 years ago

    The West has fallen

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  • [–] 7 points 2 years ago