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CEO Damola Adamolekun won’t bring back the $20 endless shrimp deal that led Red Lobster to file for bankruptcy. ... By the end of 2023, the chain had amassed $73m in net loss.
One of the major blunders made by Red Lobster was its $20 endless shrimp promotion. While the deal made quite the splash with customers, the company suffered millions in operating losses.
A fan-favorite is making a long-awaited return to Red Lobster, ... Red Lobster may have discontinued its famous endless shrimp promotion, ... NBA-leading Cavaliers end Pacers' 6-game winning ...
Hush puppies may be back on the menu, but another longtime item has vanished: the chain’s famous Ultimate Endless Shrimp promotion. Read on to learn more about Red Lobster’s new menu. ( Are ...
Red Lobster may have discontinued its famous endless shrimp promotion, but it's bringing back another menu favorite: hush puppies. Here's what we know about Red Lobster's revamped menu.
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 ...
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 ...
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 ...