
"Red Lobster's Endless Lobster Experience: From All-You-Can-Eat Shrimp to Free Lobster"
Red Lobster, facing significant financial losses, is attempting to recover by offering an "Endless Lobster Experience" as part of its annual Lobsterfest promotion, following a previous all-you-can-eat shrimp deal that led to deep operating losses. Minority investor Thai Union Group has announced its intent to exit Red Lobster due to substantial financial losses, with the company generating $22 million in losses for Thai Union Group across 2023. Despite the turmoil, Red Lobster is pushing forward with its Lobsterfest and offering 150 winners a two-hour complimentary feast of unlimited lobster, two sides, and Cheddar Bay Biscuits, while Thai Union Group looks for buyers for its stake in the company.


