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BEST OF THE GIST: Endless Shrimp Edition

The Gist

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The Financial Struggles of Red Lobster

Exploring the challenges faced by Red Lobster due to their unprofitable endless shrimp and lobster promotions, ultimately leading to the introduction of a low-priced ultimate endless shrimp promotion to drive sales. Delving into the marketing strategies, financial decisions, and humorously discussing seafood facts and the difficulties encountered in maintaining profitability amidst various challenges.

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