“Last year, Red Lobster reported $11 million in operating losses following its flubbed ‘Ultimate Endless Shrimp’ deal, which backfired when it reeled in too many customers after the limited-time promo became a permanent menu fixture last June. The restaurant chain later reported $12.5 million in losses in the fourth quarter of 2023.”

  • MashedTech@lemmy.world
    link
    fedilink
    English
    arrow-up
    22
    ·
    3 months ago

    If that much loss is going to bring down a corporation? Maybe the corpo wasn’t being taken care of good enough