Red Lobster GOING BANKRUPT SUDDENLY COLLAPSES Closing Over 100 Restaurants In Biden Economy!
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- Опубликовано: 14 май 2024
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Companies like this use bankruptcy as a way of making a living.
People have no money to eat out. 🤣🤣🤣🤣🤣🤣🤣🤣
Red Lobster could never compete with the local seafood restaurants in my area. Every so often they'd try to open a location here. It would last 3 months then close.
Only had red lobster once, they over cooked the lobster and it had a sticker cooked onto it… funny part is I use to work for Darden(the original owner who also owns Olive Garden and a few others) so I assumed they would be good. I went after they were bought by new owners and it was TRASH. Once was enough lmao
Funny you should say that about olive garden. Anyone that thinks OG makes good Italian food is not Italian.
When you're called "Red Lobster" and all anybody talks about is one side item...
The company knew what they were doing at least the people who got the money knew exactly they took the money and ran.
It's suppose to be a American ran Seafood restaurant not a Taiwan egg rolls and noodles ran restaurant. That's why it's failing
From what I have gathered watching those "restaurant chains we no longer have' sort of youtube content, the purchase of any company by any form of equity company is certain death
Them cheddar biscuits got yall boys built like Carl Winslow!
30 years ago, after seeing commercial after commercial, we drove to a neighboring state's Red Lobsta. The menu looked just like on tv!
The food was 3-4 shades off from the menu. The food was ok but, we never went again. Wasn't even real butter.
We go fairly regularly. We're a Red Lobster family. If that was 20 years ago, maybe you should give them a try again. Just the biscuits are worth the trip to us and we also like the rest of the food too.
@@ChanelStuff it's too far. I'm in Maine. We got lots of labsta here.
Went to a Red Lobster once. The service was poor and the food was cold to about room temperature. It was just disgusting and never went back.
I got food poisoning at one years ago. The one in one county had a good one but I went to one that wasn’t so good. I had to play a show and sat down and threw up several times while playing my guitar. I made it but never went back to that one.
Darden used to own red lobster along with Olive Garden, Smokey bones like 5 others. I worked for Mclane distribution who provided their product when Darden restaurants sold it and you are 100% correct. It was sold and immediately let it fail. No they should not get bankrupt.
From someone that lives in New England with easy access to fresh seafood. Red Lobster is considered the McDonald's of the seafood world.
Never had them since i have never eaten at red lobster.
I guess it’s costing the state of Main too much money shipping seafood all over the east coast and paying up to two years of free rent for ‘illegal migrants’.🤷🏼
Guess we're gonna have to make a trip to Joplin Mo. (The closest RL) and use up our gift certificate.
Don’t forget the whole endless shrimp,who didn’t see that being a bad idea. That idea drove their shrimp prices and supplies up.
Im 66 years old and they had this shrimp deal since I was a kid. Why does it suddenly now bankrupt them? This one nvestent company intentionally did it. They need to pay!
@@billlyell8322 The shrimp deal is hitting them hard now because of inflation and supply and demand but they also dropped the ball when they sold the land and started renting that’s the opposite of what you want to do which proves somebody with money and no idea what they’re doing ended up destroying the company.
@johnhardwick5406 you can't sell the property your business sits on then rent it as an additional expense and not expect it to be a disaster. That's just either totally stupid action or intentional sabotage.
They took the buttery goodness out of the biscuits long ago.
I remember being child and wanting to go there and never did. Fast-forward to me being an adult and now every start of the new year me and my mother go there on our birthday's since our birthday's are five days apart.
I’m sure going to miss them biscuits
Red Lobster is the only restaurant that I have ever gotten severe food poisoning from. 2 days in hospital, manager didn't give a s....
Im going to miss the lobster pizzas 😢
The last time I ate at Red Lobster it was crap. I ordered the Twin tail with a salad and broccoli. The lobster was chewy and rubbery, the broccoli was bland and undercooked, the salad had cheese on it which I don't care for, but at least the Pepsi was good. It's the first time I've never finished my broccoli. I'm glad they're getting shut down.
They call it a "Florida-based company", but I believe it's owned by a Thai corporation.
There actually a few Red Lobster in Thailand like in Bangkok but still, they knew what they were doing and ruined our Cheddar Bay Biscuits
They better keep making the gluten-free CBB. Closest thing to “normal,” biscuit I’ve had in years!!
Its a seafood restaurant known for its bread. You don't gotta ask questions why it failed.
Thankfully they only closed 2 stores in my state of Colorado phew
The cheddar biscuits were the best with a surf and turf back in the day. Now it just sux.
Those delicious biscuits are available in a box form.
You cook them, add the cheese and butter.
Delicious!
If you had watched the whole video you would have known that was already said by the reporter in it.
You had to start it about the cheddar biscuits. That and shrimp scampi it will be missed.
Because the rich leaders/owners don't care about the sustainability of the business. they know they can just do this to another business when this is over and the only ones affected are the workers and society.
Red Lobster restaurants had the prettiest buildings. Very nice restaurants, sorry to see this fail.
Someone will come along and buy it up then sell it again in 2 years. This is common for red lobster. Buy then make a little profit then sell.
They are too expensive
Red lobster has sucked for decades now. Good riddance.
I'm Glad !!
Customer service also went down hill this also hurt them
Red Lobster GOING BANKRUPT...
Sorry man, it was me and the all you can eat shrimp deal that did it.
Dead Lobster has been in financial trouble for a couple of decade. It was doing the slow death.
Best biscuits in the world
I have never been to Red Lobster so don't really care other than it will be more vacant buildings.
You missed out
I catch my own sea food got a 40 foot yacht.💰💰💰
But for those of us who don't live on the coast and don't have that option, RL is one of the few chains that you can find almost anywhere. We don't get fresh caught seafood in Oklahoma. Enjoy the fresh seafood
Red lobster was like the ihop of seafood anyways 🤷🏾♂️
Mr. Lboyd....here's a thought. With him divesting himself of his stock to TKO, Vince buys Red Lobster for pennies on the dollar....thoughts??
It’s a shame I love red lobster.
Grew up eating there with my family. Greeds a bitch.
Dang i never got to go rip sizzler
There's still a Red lobster in Rochester Hills Michigan... Just saying
Sytem is rigged. WTF . I enjoy your content. Blessings.
Why tf would you blame this on Biden?
Are 3 million new friends don't eat out apparently
worst 4 years in american history.
Havent been to red lobster sence the 80s, didnt like it then so I dont care!
Not that it means anything, but where I come from, Red Lobster has become less popular with whites than with other shades of human. Don't know if that affects their business model at all.
So, wild idea, Elon Musk could buy it, buy back all the land, and get it back on track.
Good old capitalism. Peace out.
Mismanagement, investor greed, aging customer base, but "Biden Economy" is in the title. As you would say: "Hmm, interesting guys."
Biden as click bait 😑
Yet another video trying to bash Republicans 😂🤣😂🤣
I'm a Republican and I didn't feel bashed. What are you talking about?
Anyone talking smack about Red Lobster has never eaten there before. The Cheddar Bay Biscuits are S+ Tier and pretty much everything on their menu is tasty. And don't even get me started on their "endless" events. Anyone with a functional brain knows that Red Lobster slapped HARD from the 90s into the 2000s. RIP you were once a national treasure.
I ate there last year and the food fucking horrible.
@@diggity1039 lol I haven't eaten there in like 15 years so I can't comment on current Red Lobster but all of my experiences with them have been positive. Keep in mind, I'm classifying them in the category of "trashy but kind of wholesome family restaurants" so they're competing with other restaurants like Applebee's, Chili's, Outback, Olive Garden, Buffalo Wild Wings, etc. and I'd choose Red Lobster over a lot of those.
🦞 sucks
Bidenomics. Take 10 people with you when you VOTE for President Trump. FJB
Yup everything has been peachy up till now.
Wages haven't been stagnant for decades.
Being in debt. Didn't raise it's ugly head till Biden took office. Corporations haven't had any influence until now.
Darn that jab for vetoing all that fine legislation coming from the Republican majority Congress. Wait that never happened.
you didn't watch the video. Although he click-baited the title it had zero to do with Biden.
Trump will be just as bad, should wake up and see what's really going on. So many getting played on both sides.