
BEST OF THE GIST: Endless Shrimp Edition
The Gist
00:00
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.
Transcript
Play full episode