Author Topic: Greed, Gluttony and the Crackup of Red Lobster  (Read 268 times)

Dos Equis

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Greed, Gluttony and the Crackup of Red Lobster
« on: September 10, 2024, 02:19:08 PM »
Really long read, but great story on how not to run a business.  I'm not convinced they will survive even after coming out of bankruptcy.

Greed, Gluttony and the Crackup of Red Lobster
How missed opportunities, a $1.5 billion real estate deal, all-you-can-eat shrimp and the global pandemic sank the country’s largest seafood chain.
By David Segal
Sept. 9, 2024
https://archive.is/OhSvy#selection-4593.0-4747.13

deadz

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Re: Greed, Gluttony and the Crackup of Red Lobster
« Reply #1 on: September 10, 2024, 02:20:21 PM »
Really long read, but great story on how not to run a business.  I'm not convinced they will survive even after coming out of bankruptcy.

Greed, Gluttony and the Crackup of Red Lobster
How missed opportunities, a $1.5 billion real estate deal, all-you-can-eat shrimp and the global pandemic sank the country’s largest seafood chain.
By David Segal
Sept. 9, 2024
https://archive.is/OhSvy#selection-4593.0-4747.13
Not into fast food seafood hence never ate there.
T

Primemuscle

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Re: Greed, Gluttony and the Crackup of Red Lobster
« Reply #2 on: September 10, 2024, 03:09:46 PM »
Not into fast food seafood hence never ate there.

I did eat at Red Lobster a couple of times many years ago. The food was unremarkable. The place to go for fish in Portland, OR is Jakes. https://www.jakesfamous.com This restaurant has been in Portland for more than a century. Making it almost as old as I am... LOL! The place is always packed. Best to make reservations well in advance.