LND topic: shrimp-promotion page 1

shrimp promotion

Red Lobster's Shrimp Promotion: A Costly Lesson in Business Moves

June 27, 2026

Red Lobster’s famous unlimited shrimp deal became a financial disaster after a major investor pushed to make it permanent. The promotion once drew crowds but turned into a money-losing mess. In just three months, the chain lost $11 million because the deal was too good to be true for customers—and t

business

The Shrimp Promotion That Sank a Restaurant Empire

October 5, 2024

Imagine a restaurant promotion so popular that it drives customers to stuff themselves with shrimp for hours on end, causing chaos in the kitchen and making tables scarce. This is the story of Red Lobster's all-you-can-eat shrimp fiasco, which cost the business millions and led to numerous closures.