Showing posts with label Are you better off under Biden and Democrat Rule?. Show all posts
Showing posts with label Are you better off under Biden and Democrat Rule?. Show all posts

Monday, May 20, 2024

How's The Economy Really Doing? Red Lobster Chain Goes Bankrupt

Red Lobster Chain Goes Bankrupt

Red Lobster Menu
Snippet of Article: "...signs of recovery since the pandemic, sales declined sharply in the last 12 months, Tibus wrote. It lost $76 million in the 2023 fiscal year. Inflationary pressures have kept customers from dining out and higher labor costs strained the company’s finances. ...In May 2023, the company changed its $20 “Ultimate Endless Shrimp” from a limited-time offer to a permanent promotion, costing it $11 million as diners devoured expensive plates of shrimp. Red Lobster traces its roots to a single restaurant in Lakeland, Florida in 1968. "

Source: yahoo.com

Bidenomics | Democrats Say, Blame It On The Shrimp, $20 “Ultimate Endless Shrimp”, Save Red Lobster | Eat Mo' Lobster"