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If you can't even make a buck torching the planet so people don't have to write their own emails, how do you live? angery

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[-] pierre_delecto@hexbear.net 23 points 4 days ago

This might be true but I also feel like it's a page from the Red Lobster marketing playbook:

"Oh no, this unlimited shrimp deal is too good!!!1! It's bankrupting the company!! Oh no, don't come eat our shrimp!!"

Repeat in a few months, etc.

[-] Jew@hexbear.net 21 points 4 days ago

Yup. It was never the shrimp, it was the fact that the hedge fund was stripping the entire biz. They sold all the property to themselves and had each restaurant rent out the space. Hedge fund made a profit on their purchase just in time to close down all restaurants. There probably is something like that going on here.

[-] FloridaBoi@hexbear.net 6 points 3 days ago

I think RL also had to purchase the shrimp from the parent company for unfavorable prices.

this post was submitted on 07 Jan 2025
137 points (98.6% liked)

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