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Started By
Message
re: Joe Strikes Back - Red Lobster about to close
Posted on 5/14/24 at 5:46 am to AwgustaDawg
Posted on 5/14/24 at 5:46 am to AwgustaDawg
quote:
Red Lobster is not alone...there are a lot of chains which were more or less iconic prior to 2020 (but headed downhill even before that) which are not going to be around much longer. Outback, Cracker Barrel, Applebees and all the similar ones are all struggling and won't survive much longer on any kind of scale like they once did. Fastfood places are also taking it on the chin.
Shout out to Chilis. Chilis is still good.
1
Posted on 5/14/24 at 5:58 am to GetCocky11
Chili’s is trying really hard to buck this trend with legacy chains, and stay relevant.
Red Lobster, Fridays, and others have been gobbled up by private equity, just trying to milk dying cows.
Red Lobster, Fridays, and others have been gobbled up by private equity, just trying to milk dying cows.
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