
Red Lobster’s bankrupt-sea
Today, Explained
00:00
The Financial Pitfall of Unlimited Shrimp Promotions
This chapter delves into the financial fallout of Red Lobster's 'Endless Shrimp' promotion, which unexpectedly escalated losses instead of boosting sales. It explores the implications of unlimited offers and the challenges posed by high seafood costs in the restaurant sector.
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.