Close Menu
    Facebook X (Twitter) Instagram
    TRENDING :
    • The Fed Holds While Inflation Refuses To Die
    • This 83-Year-Old Entrepreneur Is Rejecting a $400 Million Payday
    • Europe’s Wealthiest Households Are Drowning In Debt
    • Why My Times Square Billboard Didn’t Drive Sales
    • Can India Become The Next Factory Of The World?
    • Silence in a Meeting Isn’t Alignment. It’s Fear. Here’s How to Build a Team That Tells You the Truth
    • For Two Years, I Was Using AI Wrong. Fixing It Is Why My Clients Are Winning While Other Brands Fall Behind.
    • Your Cold Outreach Keeps Getting Deleted for These 5 Reasons
    Compatriot Chronicle
    • Home
    • US Politics
    • World Politics
    • Economy
    • Business
    • Headline News
    Compatriot Chronicle
    Home»Business»One of the most infamous seafood promotions in history could be making a comeback. But there’s a catch
    Business

    One of the most infamous seafood promotions in history could be making a comeback. But there’s a catch

    April 3, 20263 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email Copy Link
    Follow Us
    Google News Flipboard
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Red Lobster might be taking an old page from its playbook to win over consumers’ hearts.

    The seafood restaurant chain is reportedly considering the return of endless shrimp, the all-you-can-eat deal that was one of Red Lobster’s most iconic promotions.

    Although the promotion dates back decades, it was originally only offered for limited amounts of time—that is, until previous owner Thai Group made it a permanent menu fixture in June 2023.

    At $20 for bottomless shrimp, many argue the move contributed to the seafood chain’s financial woes and its eventual Chapter 11 bankruptcy in May 2024.

    According to bankruptcy filings at the time, the year-round endless shrimp promotion had cost the company $11 million.

    The promotion was later dropped from the menu, “because I know how to do math,” Red Lobster CEO Damola Adamolekun told Today later that year.

    Now, almost two years into Adamolekun’s crusade to achieve the “Greatest comeback in the history of the restaurant industry,” the promotion might be coming back after all.

    According to Bloomberg, the restaurant chain is looking to bring back endless shrimp as a limited-time offering. It could arrive at the menu as this month.

    Red Lobster has yet to make any official announcements on the matter.

    Reached for comment, a spokesperson told Fast Company that “While we don’t have anything to announce at this time, we’re grateful for the enthusiasm and encourage guests to keep sharing their feedback with us.”

    The spokesperson added, “Endless Shrimp has long been a Red Lobster guest favorite and one of our most popular promotions for 20 years. We’re always paying attention to what our guests are asking for.”

    Prior to the news breaking, many users had speculated on the return of endless shrimp via online forums. On Reddit, one user claiming to be a Red Lobster employee inquired about further details on the r/redlobster subreddit group.

    “It’s definitely coming back per management just can’t confirm when . . . need to make additional employment arrangements for when it hits,” the user wrote.

    Did endless shrimp really bankrupt Red Lobster?

    While speculation on the offering’s return continues, many are using the moment to highlight how complex Red Lobster’s bankruptcy really was—arguing that endless shrimp alone can’t shoulder the blame.

    The chain had faced struggles long before the promotion was made permanent, and many experts have pointed to difficulties surrounding leadership turnover, increased labor costs and inflation, and a 2014 real estate deal that proved to be costly in the long term.

    Beyond existing troubles, others are also underscoring private equity’s role companies’ failures. “Red Lobster went bankrupt because of private equity, not shrimp,” one user reacted to the news on X.

    That sentiment in fact been shared for years. “[The] biggest reason Red Lobster went under is pretty simple,” James Surowiecki wrote for Fast Company in 2024. “Its owners sank it.”



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    This 83-Year-Old Entrepreneur Is Rejecting a $400 Million Payday

    July 30, 2026

    Why My Times Square Billboard Didn’t Drive Sales

    July 30, 2026

    Silence in a Meeting Isn’t Alignment. It’s Fear. Here’s How to Build a Team That Tells You the Truth

    July 30, 2026
    Top News

    Why the hardest skills in leadership are the ones we’ve typically called soft

    By Staff WriterMay 29, 2026

    In the late 1960s, the U.S. Army made a distinction between the skills necessary for…

    Metro Mattress is closing stores and winding down operations: See the list of locations that will shutter

    October 13, 2025

    Verizon outage update: Cause, credits, and what to know about the SOS snafu heard around the country

    January 15, 2026

    20 leaders: Data or gut instinct?

    June 24, 2026
    Top Trending

    The Fed Holds While Inflation Refuses To Die

    By Staff WriterJuly 30, 2026

    The Federal Reserve voted to leave its benchmark interest rate unchanged at…

    This 83-Year-Old Entrepreneur Is Rejecting a $400 Million Payday

    By Staff WriterJuly 30, 2026

    Key Takeaways Eddie Smith Jr., the 83-year-old owner of Grady-White Boats, turned…

    Europe’s Wealthiest Households Are Drowning In Debt

    By Staff WriterJuly 30, 2026

    Europe has spent decades portraying the southern nations as irresponsible debtors while…

    Categories
    • Business
    • Economy
    • Headline News
    • Top News
    • US Politics
    • World Politics
    About us

    The Populist Bulletin serves as a beacon for the populist movement, which champions the interests of ordinary citizens over the agendas of the powerful and entrenched elitists. Rooted in the belief that the voices of everyday workers, families, and communities are often drowned out by powerful people and institutions, it delivers straightforward, unfiltered, compelling, relatable stories that resonate with the values of the American public.

    The Populist Bulletin was founded with a fervent commitment to inform, inspire, empower and spark meaningful conversations about the economy, business, politics, inequality, government accountability and overreach, globalization, and the preservation of American cultural heritage.

    The site offers a dynamic mix of investigative journalism, opinion editorials, and viral content that amplify populist sentiments and deliver stories that echo the concerns of everyday Americans while boldly challenging mainstream narratives that serve the privileged few.

    Top Picks

    The Fed Holds While Inflation Refuses To Die

    July 30, 2026

    This 83-Year-Old Entrepreneur Is Rejecting a $400 Million Payday

    July 30, 2026

    Europe’s Wealthiest Households Are Drowning In Debt

    July 30, 2026
    Categories
    • Business
    • Economy
    • Headline News
    • Top News
    • US Politics
    • World Politics
    Copyright © 2025 Populist Bulletin. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.