What Killed Red Lobster? | Caught in the Net

红龙虾之死?| 网络之困

Business Wars

商务

2025-03-05

40 分钟

第 105 季 第 1 集

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单集简介 ...

Red Lobster redefined American dining habits by making seafood accessible to people living outside the coasts. But its heyday didn’t last. Casual observers believe Red Lobster’s demise was an open-and-shut case of an all-you-can-eat deal backfiring. But there are plenty of other suspects. And as America’s #1 seafood restaurant chain fights to keep its head above water, it must reckon with whether it can trust Wall Street’s offer of a lifeline. Be the first to know about Wondery’s newest podcasts, curated recommendations, and more! Sign up now at https://wondery.fm/wonderynewsletter Listen to Business Wars on the Wondery App or wherever you get your podcasts. Experience all episodes ad-free and be the first to binge the newest season. Unlock exclusive early access by joining Wondery+ in the Wondery App or on Apple Podcasts. Start your free trial today by visiting wondery.com/links/business-wars/ now. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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  • It's 2024, and across the United States of America, people are rising to a new challenge.

  • A challenge laid down by Red Lobster, the nation's largest chain of seafood restaurants.

  • It's a challenge that's out to revive its ailing fortunes.

  • And that challenge is Endless shrimp for just $25.

  • Endless shrimp.

  • All the shrimp I can eat for just 25 bucks.

  • Let me get my hat.

  • I'm Katie, and I think that I. Can eat 15 to 20 shrimp.

  • I'm Alex.

  • I'm gonna say I think I can eat 20 shrimp.

  • I'm Jasper, and I know that I could eat like 30 to 50 shrimp.

  • I just eat more sh and I eat shrimp and then more shrimp and more shrimp.

  • And now I'm paying the price because my belly hurts and I'm ready for a nap.

  • Red Lobster started its endless shrimp promotions in 2004.

  • Once a year, it would offer never ending shellfish at a bargain price for a limited time.

  • Then in June 2023, Red Lobster made it permanent to lure people back through its doors,

  • even if that meant losing money.