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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Комментарии • 84

  • @t12121
    @t12121 21 день назад +11

    Companies like this use bankruptcy as a way of making a living.

  • @mittiejackson3427
    @mittiejackson3427 21 день назад +13

    People have no money to eat out. 🤣🤣🤣🤣🤣🤣🤣🤣

  • @stormycat0905
    @stormycat0905 21 день назад +6

    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.

  • @puffinsmurf3749
    @puffinsmurf3749 21 день назад +6

    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

    • @frederick6008
      @frederick6008 21 день назад

      Funny you should say that about olive garden. Anyone that thinks OG makes good Italian food is not Italian.

  • @EvHervey
    @EvHervey 21 день назад +2

    When you're called "Red Lobster" and all anybody talks about is one side item...

  • @johnhardwick5406
    @johnhardwick5406 21 день назад +4

    The company knew what they were doing at least the people who got the money knew exactly they took the money and ran.

  • @INVISIBLEEMPIREKKK
    @INVISIBLEEMPIREKKK 21 день назад +4

    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

  • @mysticvirgo9318
    @mysticvirgo9318 21 день назад +2

    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

  • @bluu_ice6554
    @bluu_ice6554 21 день назад +2

    Them cheddar biscuits got yall boys built like Carl Winslow!

  • @frederick6008
    @frederick6008 21 день назад +3

    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.

    • @ChanelStuff
      @ChanelStuff 21 день назад

      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.

    • @frederick6008
      @frederick6008 21 день назад

      @@ChanelStuff it's too far. I'm in Maine. We got lots of labsta here.

  • @katiel.5568
    @katiel.5568 21 день назад +10

    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.

    • @OlliGarch
      @OlliGarch 20 дней назад

      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.

  • @slatrida24
    @slatrida24 20 дней назад +1

    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.

  • @unforgvn5639
    @unforgvn5639 20 дней назад +5

    From someone that lives in New England with easy access to fresh seafood. Red Lobster is considered the McDonald's of the seafood world.

  • @patryn36
    @patryn36 21 день назад +4

    Never had them since i have never eaten at red lobster.

  • @Cornbread-gi6kt
    @Cornbread-gi6kt 20 дней назад +1

    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’.🤷🏼

  • @ChanelStuff
    @ChanelStuff 21 день назад +1

    Guess we're gonna have to make a trip to Joplin Mo. (The closest RL) and use up our gift certificate.

  • @johnhardwick5406
    @johnhardwick5406 21 день назад +3

    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.

    • @billlyell8322
      @billlyell8322 20 дней назад

      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!

    • @johnhardwick5406
      @johnhardwick5406 20 дней назад

      @@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.

    • @billlyell8322
      @billlyell8322 20 дней назад +1

      @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.

  • @bubbiesdad
    @bubbiesdad 21 день назад +1

    They took the buttery goodness out of the biscuits long ago.

  • @NomDePlume955
    @NomDePlume955 21 день назад

    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.

  • @southernwonder7024
    @southernwonder7024 21 день назад +3

    I’m sure going to miss them biscuits

  • @nikkorain680
    @nikkorain680 20 дней назад

    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....

  • @Kiviluvu
    @Kiviluvu 21 день назад +1

    Im going to miss the lobster pizzas 😢

  • @diggity1039
    @diggity1039 20 дней назад

    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.

  • @McMillanScottish
    @McMillanScottish 21 день назад

    They call it a "Florida-based company", but I believe it's owned by a Thai corporation.

  • @texdoc89
    @texdoc89 20 дней назад

    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

  • @NotYoBusiness927
    @NotYoBusiness927 21 день назад +1

    They better keep making the gluten-free CBB. Closest thing to “normal,” biscuit I’ve had in years!!

  • @roamingthereal4060
    @roamingthereal4060 19 дней назад

    Its a seafood restaurant known for its bread. You don't gotta ask questions why it failed.

  • @animefrasier
    @animefrasier 21 день назад +1

    Thankfully they only closed 2 stores in my state of Colorado phew

  • @OlliGarch
    @OlliGarch 20 дней назад

    The cheddar biscuits were the best with a surf and turf back in the day. Now it just sux.

  • @kateburns8126
    @kateburns8126 21 день назад +3

    Those delicious biscuits are available in a box form.
    You cook them, add the cheese and butter.
    Delicious!

    • @DanInBranson
      @DanInBranson 21 день назад

      If you had watched the whole video you would have known that was already said by the reporter in it.

  • @tgs9740
    @tgs9740 20 дней назад

    You had to start it about the cheddar biscuits. That and shrimp scampi it will be missed.

  • @denniswright2233
    @denniswright2233 20 дней назад

    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.

  • @Votethepower
    @Votethepower 20 дней назад

    Red Lobster restaurants had the prettiest buildings. Very nice restaurants, sorry to see this fail.

  • @todayisanewday7
    @todayisanewday7 20 дней назад

    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.

  • @HeinzGudarian
    @HeinzGudarian 21 день назад +1

    They are too expensive

  • @TruthinFreedom
    @TruthinFreedom 21 день назад +12

    Red lobster has sucked for decades now. Good riddance.

  • @fatooshtkd
    @fatooshtkd 21 день назад +1

    I'm Glad !!

  • @sonyabeam292
    @sonyabeam292 21 день назад +1

    Customer service also went down hill this also hurt them

  • @RichSmithify
    @RichSmithify 14 дней назад

    Red Lobster GOING BANKRUPT...
    Sorry man, it was me and the all you can eat shrimp deal that did it.

  • @rcworks9762
    @rcworks9762 21 день назад +3

    Dead Lobster has been in financial trouble for a couple of decade. It was doing the slow death.

  • @travisdavis3816
    @travisdavis3816 20 дней назад

    Best biscuits in the world

  • @cp368productions2
    @cp368productions2 21 день назад +2

    I have never been to Red Lobster so don't really care other than it will be more vacant buildings.

  • @mittiejackson3427
    @mittiejackson3427 21 день назад +4

    I catch my own sea food got a 40 foot yacht.💰💰💰

    • @ChanelStuff
      @ChanelStuff 21 день назад

      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

  • @chosenelite762
    @chosenelite762 21 день назад

    Red lobster was like the ihop of seafood anyways 🤷🏾‍♂️

  • @nyghtmareinmi
    @nyghtmareinmi 21 день назад

    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??

  • @louie5187
    @louie5187 8 дней назад

    It’s a shame I love red lobster.
    Grew up eating there with my family. Greeds a bitch.

  • @206beastman
    @206beastman 21 день назад +1

    Dang i never got to go rip sizzler

  • @WhosKado_
    @WhosKado_ 21 день назад

    There's still a Red lobster in Rochester Hills Michigan... Just saying

  • @labro8964
    @labro8964 21 день назад

    Sytem is rigged. WTF . I enjoy your content. Blessings.

  • @robertpresley1503
    @robertpresley1503 21 день назад +2

    Why tf would you blame this on Biden?

    • @howardb.6205
      @howardb.6205 21 день назад

      Are 3 million new friends don't eat out apparently

  • @Skrittles-iq9ms
    @Skrittles-iq9ms 21 день назад

    worst 4 years in american history.

  • @Biden-SUCKS548
    @Biden-SUCKS548 21 день назад

    Havent been to red lobster sence the 80s, didnt like it then so I dont care!

  • @McMillanScottish
    @McMillanScottish 21 день назад

    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.

  • @malice926
    @malice926 21 день назад +5

    So, wild idea, Elon Musk could buy it, buy back all the land, and get it back on track.

  • @stevefoulston
    @stevefoulston 21 день назад

    Good old capitalism. Peace out.

  • @EvHervey
    @EvHervey 21 день назад +3

    Mismanagement, investor greed, aging customer base, but "Biden Economy" is in the title. As you would say: "Hmm, interesting guys."

  • @3mrwright
    @3mrwright 21 день назад +1

    Biden as click bait 😑

  • @Dannny_Mac
    @Dannny_Mac 21 день назад

    Yet another video trying to bash Republicans 😂🤣😂🤣

    • @DanInBranson
      @DanInBranson 21 день назад +2

      I'm a Republican and I didn't feel bashed. What are you talking about?

  • @cloud890
    @cloud890 21 день назад

    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.

    • @diggity1039
      @diggity1039 20 дней назад +1

      I ate there last year and the food fucking horrible.

    • @cloud890
      @cloud890 20 дней назад

      @@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.

  • @jackieblue4128
    @jackieblue4128 21 день назад

    🦞 sucks

  • @Call_Me_Troy
    @Call_Me_Troy 21 день назад +1

    Bidenomics. Take 10 people with you when you VOTE for President Trump. FJB

    • @douglastibbitts364
      @douglastibbitts364 21 день назад

      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.

    • @ICP1SBJ
      @ICP1SBJ 21 день назад +1

      you didn't watch the video. Although he click-baited the title it had zero to do with Biden.

    • @moonsy-9733
      @moonsy-9733 21 день назад

      Trump will be just as bad, should wake up and see what's really going on. So many getting played on both sides.