Red Lobster has a new CEO and is focused on possible restructuring through Chapter 11 bankruptcy, according to Bloomberg.

“Last year, Red Lobster reported $11 million in operating losses following its flubbed ‘Ultimate Endless Shrimp’ deal, which backfired when it reeled in too many customers after the limited-time promo became a permanent menu fixture last June. The restaurant chain later reported $12.5 million in losses in the fourth quarter of 2023.”

    • KingJalopy @lemm.eeEnglish
      931·
      8 months ago

      Of eating shitty frozen shrimp? No, no you did not miss an opportunity.

        • KingJalopy @lemm.eeEnglish
          547·
          8 months ago

          So shrimp is shitty. Got it. Don’t eat it anyway, because it’s shit. No opportunity missed here.

          • Steve@communick.newsEnglish
            32·
            8 months ago

            That goes for all fish and seafood. Unless you caught it yourself, or personally know who did, it’s frozen.

            Blind taste tests have shown most people can’t tell the difference. Of the few who can, most prefer the frozen. Probably because it’s what they’re used to. “Fresh Seafood” is a scam

            • Mog_fanatic@lemmy.worldEnglish
              12·
              8 months ago

              I have personally done a blind taste test just for fun with several different types of fish that my family caught and the two of us that were doing it both couldn’t tell for shit what was frozen and what wasn’t. Anecdotal for sure but I thought for sure I’d be able to tell easily.

            • KingJalopy @lemm.eeEnglish
              435·
              8 months ago

              That goes for all fish and seafood.

              Agreed. I don’t eat any of that shit. I don’t like it. Lol

          • weariedfae@lemmy.worldEnglish
            1·
            8 months ago

            Whut?

            Edit: like …are you arguing that fresh seafood isn’t inherently better than literally any other age of seafood because of course it is? I’m legit confused, lol.

            • NoIWontPickAName@kbin.earth
              1·
              8 months ago

              You just come off very snobbish in that comment.

              Yes, obviously fresh food is best, but not everyone can have that.

              Maybe it’s just me

              • weariedfae@lemmy.worldEnglish
                1·
                8 months ago

                Sorry? I was just joking around about shrimpfest.

                Edit: removed irrelevant personal story