Could 'Endless Shrimp' Deal Cause Red Lobster's Bankruptcy?
Red Lobster announced it is closing 99 restaurants across the U.S. Last summer, the company said the endless shrimp deal would become a permanent fixture on the menu. However, way more customers took advantage of the deal than expected, which triggered an $11 million loss. When Inside Edition’s Les Trent ordered shrimp at a New York City Red Lobster, he found the ultimate endless shrimp deal was not being offered. Turns out, the all-you-can-eat shrimp deal is now only offered on Mondays.
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Why didn't they just shut down the promotion before it became a $11,000,000 loss? The whole promotions/accounting team should be fired.
@xavierb9061
20 күн бұрын
Reason for promotion is lack of sales, last ditch effort
@lotusgrl444
20 күн бұрын
@@xavierb9061yea even though the endless shrimp was not the underlying reason, they were already a sinking ship and the promotion just bled them dry
@CyrusTheVirus187
18 күн бұрын
This is why olive garden does the never ending pasta a few times a year
@Blue_G707
17 күн бұрын
It wasn’t the reason lol they were going bankrupt regardless 😂
@Tortilla.Reform
16 күн бұрын
The shrimp deal being the cause is just corporate propaganda, considering they actually went bankrupt because a private equity firm acquired the chain, saddled it with debt, and stripped it for parts financially
The internet ruins everything
@themartdog
21 күн бұрын
*social media
@nathanmathews2148
20 күн бұрын
Red Lobster's corporate overlords have been sending that business to the bottom of the sea for the at least the last decade. The AYCE Shrimp ploy was a dumb plan that backfired on them.
@jimmydishkawnt
20 күн бұрын
Clout chasers ruin everything
@tonymontana4284
20 күн бұрын
People who want attention doing nothing worth watching.
@wisemage0
19 күн бұрын
People from 50 years ago would've done the same thing.
Eating 50 of anything is not a flex.
@nolabii
21 күн бұрын
Enter Matt Stonie*
@deed2157
21 күн бұрын
Well those hotdog eating contestants beg to differ 😂
@O6i
21 күн бұрын
Eating 50 of anything is a flex some people dont have much to eat 😊
@johnnyr2646
21 күн бұрын
*Grains of rice entered the chat
@TravisDoesKayakFishing
21 күн бұрын
@@johnnyr2646 Well played.
Why not just do buy 1 get 1 free deals? Endless / all you can eat is insanity if your customer is American.
@Bryan-od7nv
21 күн бұрын
Yep. In most countries they eat to survive, in America they survive to eat.
@JamesJiansen
21 күн бұрын
Because some people want the AYCE option? Ever heard of a buffet? If you want to order food a la carte there's plenty restaurants for that as well.
@sonicgalaxy27
21 күн бұрын
They made a big mistake for making this deal happened. Big mistake i told you. Besides I don't eat 🍤
@Name-jw4sj
21 күн бұрын
This is why America's population is 60% overweight.
@AmandaYee-yn9dk
21 күн бұрын
Hey quit generalizing I live in the usa and i don’t do that im on a strict portion control diet so don’t say only in the usa we live 2 eat cause some people r not like that in fact look at people in la they r toothpicks and that’s where I’m trying 2 get 2
Restaurant owners don’t know American appetite.
@olsenlibra623
21 күн бұрын
Especially after certain ones dumping their garbage into the sea.
@jriamyou8156
21 күн бұрын
Gluttony
@deed2157
21 күн бұрын
Red lobster is an American restaurant so I'm pretty sure they do but didn't think things through. I don't think it's the owner of the restaurant but marketing that comes up with ideas like this to increase traffic to the restaurants
@RowdyJr
21 күн бұрын
To be fair, food waste is still a problem in this country so I don't blame them for limiting food so that it doesn't get wasted but this whole "endless shrimp" idea is stupid lmao
@user-wn5fq6ej5x
21 күн бұрын
funny as its an American that started Red Lobsters . So what you got now ?
It’s common sense. You’re basically giving away free food in exchange for a low price, hence the reason why they’re losing money. I’m surprised how they didn’t see that.
@ToMaToEsGrOw
20 күн бұрын
I can guarantee you there were bags inside purses.
@JonnyTheLeprechaun
19 күн бұрын
D'Uh
@Porverauk
18 күн бұрын
@@JonnyTheLeprechaun Exactly, right?
@Tortilla.Reform
16 күн бұрын
The shrimp deal being the cause is just corporate propaganda, considering they actually went bankrupt because a private equity firm acquired the chain, saddled it with debt, and stripped it for parts financially
These ladies seem so proud in eating over 50 shrimps.
@gibsonanderson812
17 күн бұрын
This comment is underrated asf
@Mdavid856
16 күн бұрын
Frozen, not fresh.
@lol-ge9bh
15 күн бұрын
@@Mdavid856theres nothing wrong with frozen sheimp
@Mdavid856
15 күн бұрын
@@lol-ge9bh tastes a whole lot different
@tdestroyer4780
11 күн бұрын
@@Mdavid856 Unless you know the fisherman you aint getting fresh shrimp. The store shrimp is just thawed frozen bagged shrimp
Now I'm craving bankruptcy.
@thatonepaw3343
18 күн бұрын
Yes with a side of bad credit.
No. But corporate greed disguised as bad marketing will
Gross
Did they not see all the other places that closed or canceled endless food items? It doesn’t bring in money
@barrieracc7634
21 күн бұрын
Thai owned and managed company. They were incompetent.
@christiangonzales7429
21 күн бұрын
@@barrieracc7634 Darden was probably the best owner of the company, but they too ran it into the ground which resulted in it being owned by the Thai company now.
@Tortilla.Reform
16 күн бұрын
The shrimp deal being the cause is just corporate propaganda, considering they actually went bankrupt because a private equity firm acquired the chain, saddled it with debt, and stripped it for parts financially
Matt Stonie is laughing at the people bragging about how much shrimp they ate.
I’m actually surprised a lot of them didn’t close sooner. I always joked they seemed like the Olive Garden of seafood 😅
@ToMaToEsGrOw
20 күн бұрын
I got a lobster once and it was complete mush.
@BionicPig95
20 күн бұрын
What do you mean? Olive Garden is a successful high-end Italian restaurant.
@yobro2796
20 күн бұрын
Probably cause there owed by the same parent company or used to be my bad
@mondo9.2.5
19 күн бұрын
@@BionicPig95lol high end 😂😂😂 what a brokie
@user-du7xi3fk6b
17 күн бұрын
*The ocean called. They run out of shrimps.*
ah yes, people going to just pointlessly force-eat, of course...the classic "this is why we can't have nice things"
@nathanmathews2148
20 күн бұрын
Red Lobster is not in the "Nice Things" department.
@R0DSTER
20 күн бұрын
@@nathanmathews2148 never been, but having the choice is always in the "nice things department"
@wisemage0
19 күн бұрын
@@nathanmathews2148 nah fam, those biscuits were fire.
@CyrusTheVirus187
18 күн бұрын
Bro if 5 peices of bottom feeders is 20 bucks , and it's 20 bucks for all you can eat bottom feeders do you think people will still eat only 5 of them only ? Be foreal now bro if you don't like deals , than your mind is dumb,
Red Lobster in Tuscaloosa Alabama has been going down hill for years now. I used to love dining there but blah was how I felt the last time we went and that was 10 years ago
@jdr2k11
21 күн бұрын
I'm also from Tuscaloosa and it was only three people working their the last time I went. A major red flag.
@tonyalston4838
20 күн бұрын
Maybe you guys should exchange socials 🤔
Way to go people just because you can doesn't mean you should!
@CyrusTheVirus187
18 күн бұрын
So if you can belive it don't achieve it ?
@user-du7xi3fk6b
17 күн бұрын
@@CyrusTheVirus187 not on 50 shrimps.
@doxoxo779
16 күн бұрын
You don’t offer a deal then get mad when ppl show up for it.
I was stationed at Ft Bragg 4 decades ago, and the red lobster in Fayetteville had all you can eat snow crab legs. Went there once a month if i could. Don't know if it's still there. Fond memories.
Guess Red Lobster didn't see that Simpsons episode where Homer ate at the Sea Captain's all you can eat seafood restaurant.
Their problems started way before endless shrimp
do half of or buy one get one free, or allow all you can eat within a short time limit, there were 1000 ways a company could have rolled this out and made millions. Also leave it to social media to ruin everything.
Everything is insanely expensive. My favorite dish there has gone up $7 in the past few years.
*mercury poisoning has joined the chat*
@Phanonyoutube
21 күн бұрын
Americans don’t care about their health
@bribee1346
21 күн бұрын
Please Do some research cus you don’t know what you’re talking about
@knockout9446
21 күн бұрын
@@bribee1346found the mercury salesman.
@TaylorKnightCosplay
20 күн бұрын
Good thing I’m vegan!
@adumbynamedconor5173
20 күн бұрын
@@TaylorKnightCosplayfound the vegan everyone.
Gluttony is such an embarrassing thing to brag about.
Wow that was stupid
Gluttony is disgusting. Red lobster was never a good restaurant if they had to bribe idjiits to stuff themselves until they barf. Gross 😝🤢
Notorious B.O.B IN THE thumbnail 😂
@cdeluna2
20 күн бұрын
Comment of the day 🏆
They should have made it only breaded shrimp. Fills you up faster
@user-du7xi3fk6b
17 күн бұрын
then nobody would order it.
Someone always kills it for every body.
If Homer was there... Well, let's hope there aren’t any plastic lobsters.
@clarkness77
21 күн бұрын
Or a steam tray
@CyrusTheVirus187
18 күн бұрын
If goku was there
That’s upsetting that the internet has yet again ruined another thing for everyone else
@Tortilla.Reform
16 күн бұрын
That’s not what happened though hahah The shrimp deal being the cause is just corporate propaganda, considering they actually went bankrupt because a private equity firm acquired the chain, saddled it with debt, and stripped it for parts financially
I stopped going to red lobster after i noticed that the chef stopped removing the "poop" sack from the shrimp. I kept tasting something that resembled soil.... i disecected like maybe 8 peices of shrimp on my plate, and saw that it was shimp poo that was still inside the shrimp.
@willmarinho123
2 күн бұрын
Thanks for your comment I always wonder that do they remove the poop, I worked with shrimp before and it's a lengthy job to remove those veins
So the Lobsters wanted a raise?
Red Lobster:"All you can eat shrimp." Americans:"Challenge accepted."
All you can eat means ALL YOU CAN EAT this reminds me of the simpsons episode when Homer ate all those shrimp and they kicked him out 😂
Yes, it happened to Cooky steak and shrimp house on Long Island
Who coulda possibly guessed that allowing indefinite amounts of food would lead to indefinite losses
People bragging about their gluttony is crazy to me.
Whoever the executive that approved that should be fired.
Simple fix the endless shrimp should only be a $25 add on for a regular entree .
As usual the employees pay for corporate's mistakes...
I used to work there 2022-2023 and they told us not to advertise endless, only respond if they ask about it LOL
You did this to yourself
They've been doing endless shrimp for decades. Thats not the reason. The exorbitant salaries of the CEOs is the reason. But they can never take the blame for anything.
The European mind cannot comprehend this
All you can eat in America?? Who’s the mf at corporate that said this was a good idea
I don't understand why did they kept going with the deal until closing down.
I love olive garden and red lobster
@christiangonzales7429
21 күн бұрын
they used to be owned by the same company
@CyrusTheVirus187
18 күн бұрын
You're what they call a basic B
I like eating shrimp but no way I will eat 30-60 shrimps in one night. Plus Red Lobster is low class
The _high cholesterol_ in America is crazy
I don’t even like shrimp.
@richardguilamo976
21 күн бұрын
Me too plus every time I eat I have trouble breathing turns out I was allergic to shrimp.
I went for endless shrimp last year. It was abhorrent. Idk where they get their shrimp, but much of it was congealed and disgusting. 🤮
Someone tell B.O.B. he made the thumbnail!! 🤙
Doctor: "Your cholesterol so high. Don't tell me; endless shrimp."😅
*That man ate all our shrimp, and three plastic lobsters!*
“I got 51 symptoms from food poisoning”
This is better compared to other restaurants throwing more than 500 million dollars in fresh foods straight to the trash.
🤣 11 Mil loss. Golden gate Cap is worth 19 Bil. Red lobster was going down the drain. They just seized the opportunity to sink it. Even Social media promoted it with “i ate x 🦐 “
Man I love shrimp but red lobster is mid
It's a bit misleading. The endless shrimp wasn't the only reason or even the main reason. The company was struggling already.
yall eating that mystery shrimp public schools got back in the day lmaoooooo
The only thing more disgusting is saying "shrimps" in a sentence.
Lol, so now they want to make the customer seem like the problem for doing something that they offered. Red Lobster was going under already before they even introduced the promotion. Companies don't just give out free stuff😊
This is why restaurants can't do the endless food gimmick. Sales will drop.
this is like people showing zombie glitches then they get patched lol
Anyone else getting flashbacks of Homer Simpson in court over the all you can eat seafood? Then a bunch of guys haul in bags of santa letters that amounted to what he ate 😂
In Canada Red Lobster’s endless shrimp deal is 22 dollars on Monday and 27 dollars anyday of the week
@CyrusTheVirus187
18 күн бұрын
In America you can get 5 dookie eating shrimps for 20 bucks
Can we give a shout-out to all the Red Lobster toilets? You know that 50 low quality shrimp was disatrous on there digestive systems😂
If Andre the Giant was still alive, he would've eaten so much shrimp at Red Lobster that the restaurant would run out of shrimp
Customers eat like field hands, hang a jacket on a chair, leave, come back and eat like field hands.
It sold to private equity that sold all its restaurants and leased them back to Red Lobster. Another private equity nightmare like toys r us.
Too bad I have a seafood allergy 😢
Red lobster founder/owner tweaking with that business offer 😂
Of all the things to make "all you can eat" shrimp is probably one of the worst. Shrimp is already pretty expensive to begin with, unlike other options from other places, such as Olive Garden's never ending pasta bowl.
Telling broke people endless shrimp deal got them in the doors and now drove you to shut down some restaurants. Fire the person who came up with that dumb idea.
How can someone eat 55 shrimps in one setting?!
gluttony at its finest
I'm sure there's more than just Endless Shrimp that is contributing to Red Lobster's bankruptcy.
I have a teenager living with me for a little while and it's challenging making sure he's fed while also teaching him not to eat for eating sake. It doesn't help that he watches an anime that glorifies gluttony.
They didn't learn from the endless crab legs fiasco from 20 years ago.
Did they not learn from the 90's endless crab debacle??
It would be common sense to know that if you’re down even 1 million maybe not continue doing that deal.
They should have offered the promotion for about one month during the entire year, or offer it just on one particular day in the middle of the week
Shrimp: I knew this was going to happen
Shrimp boat shrimp boat. Where the hell is my shrimp boat!
Does anybody else get queasy at the sight of gluttony. I cant stand it
Lets be clear, while they want you to believe that their generousity caused the problems (all you can eat shrimp) it was actually their high prices and low standards that hurt them. For a main dish and a coffee it costs $60 per person in Canada and for the last year or so they no longer include a salad, which is now offered for an additional $6. That means after one person spends $60 plus on a meal they can still leave hungry. So why would I ever go back to Red Lobster when I can have two good meals somewhere else for the same price? They priced themselves out of the market.
This video is absurd. I just went to Red Lobster. Two years ago, it was an hour wait to get in for lunch. Today, the place was empty. People can't afford it due to inflation. It has nothing to do with shrimp.
Okay, I just have to say it, the plural of shrimp is shrimp, not shrimps
They should have seen this coming! America loves an eating challenge and free food.
I feel sorry for their toilets
Wonder if majority of those customers paid with EBT Card
No it’s not the shrimp have you ever walked into a red lobster?
Why not just cancel the endless shrimp deal but i understand why they moved it to just mondays cause people where taking it as a challenge
Red Lobster closed by me but no one went there because prices were too high.
Honestly the endless shrimp deal is kinda stupid from a business standpoint. There's a reason olive garden does their endless pasta once a year
To the general public, all you can eat, is a dare.
I don't understand the fascination with shrimp. It's just food.
I often forget about how many AYCE sushi places I know, but those don't stick around neither
When I go to an all you can eat sushi place, I love the look of the chefs when I tell them I want 10 orders of salmon, red snapper and yellow tail sashimi as a starter for myself. I’m sure the owner wouldn’t be happy if he saw me eat roughly $150 worth of fish (about $5-$6 per order) as a start 😅
I hate seafood but having something be endless is just asking for it... if I knew a place was serving endless wings I'd go and eat till my stomach hurt.