The Endless Misery of Endless Shrimp: Why?
June 16, 2024 — All-you-can-eat is a trap. In repeated case studies, it drives restaurants to lose money, sometimes to the point of bankruptcy. The latest poster child is Red Lobster and its Endless Shrimp deal that brought the chain financial misery and a Chapter 11 bankruptcy filing. How did this happen? Why did management seemingly have no clue […]
