The Red Lobster Boat is Taking on Water – Again
After an endless shrimp fiasco, Red Lobster is reportedly considering a Chapter 11 bankruptcy filing to restructure its debt.
Tag: Red Lobster
The Future of Restaurants: Data and Insights for 2024 and Beyond
What do consumers desire in 2024 when they eat out? Value and convenience, mostly, and though those are universal qualities most any time, an uncertain economic outlook and increased food prices have seen consumers slowly …
Shrimp: The New Seafood Value Proposition
When it comes to seafood, shrimp is, well, no shrimp. While other seafood prices have been on the upswing since the pandemic era, shrimp prices have remained affordable and stable, providing value opportunities for savvy …
Why Restaurant Chain CEOs are Jumping Ship
While leadership changes are nothing new for restaurant chains, CEOs have been resigning in spades over the past two months, including departures from prominent brands like Starbucks, Dominos, Denny’s, Red Lobster, and Wingstop. What’s behind …