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May 21, 2024 2 mins

Red Lobster got taken out by it's own endless shrimp deal. How did this happen!? Did they underestimate how much shrimp we could eat?

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Episode Transcript

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Speaker 1 (00:00):
The fact that Red Slobster is closing up all across
the country because they underguessed the gluttony of America.

Speaker 2 (00:08):
I think that's so hilarious.

Speaker 1 (00:11):
So it turns out the whole twenty dollars all you
can eat shrimp deal in June cost them eleven million
dollars that they lost for the quarter.

Speaker 2 (00:21):
And I'm sure they did the math on that.

Speaker 1 (00:24):
They had some sort of projection over how many shrimp
they thought people would eat, and they're all you could
eat shrimp deal, and they came up way short of
the average gluttonous customer who came in, and they ate
way more.

Speaker 2 (00:37):
Than they thought.

Speaker 3 (00:38):
They were already in trouble, Red Lobster, and they took
a swing for the fences, and anybody who's played the
great game of baseball nose. Sometimes when you swing for
the vences, you really know it's in the catcher's mitt.

Speaker 1 (00:49):
But I wonder if when they started getting the returns back,
you know, night by night, week by week, they're like.

Speaker 3 (00:54):
Good God, we knew Americans were gluttons, but this is.

Speaker 2 (00:59):
This is shocked. He plates to the guy at table
six seat.

Speaker 1 (01:03):
Last night, we finally when we closed the I walked
to the car with the lights off, and he was
still sitting in there eating.

Speaker 3 (01:10):
I don't know, we need to harvest more shrimp, sir.
There are no more shrimp anywhere on Earth.

Speaker 1 (01:18):
I also like the fact that people are trying to
buy memorabilia from Red Lobsters because they have great childhood
memories and all that sort of stuff. You talked about
taking your kids to Red Lobster. People want the fish tank,
or they want the big fake steering wheel from a
ship that they have hanging on the wall.

Speaker 2 (01:34):
You know, you put that on your wall and say, hey,
it was from the Red Lobster.

Speaker 3 (01:36):
Downtown Pitty Red Lobster T shirts, the thing of the future.
Red Lobster ought to go with the memorabilia with the merch.

Speaker 2 (01:48):
You're right, You're right. It is kind of campy cool, yeah, exactly.

Speaker 1 (01:54):
That is so interesting that they had a prediction how
much they thought people would eat and came and they
were way off.

Speaker 2 (02:01):
Armstrong and Getty
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