- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Red Lobster considering filing for bankruptcy
Posted on 4/16/24 at 7:31 pm to Pelican fan99
Posted on 4/16/24 at 7:31 pm to Pelican fan99
quote:
think there just isn't any value in going to a chain restaurant like this anymore. You used to be able to get great deals at them but now they just are not worth it
Applebees and Chilis still have decent deals. Honestly fast food has lost the most value. It’s always been shitty, but it’s not even cheap anymore. It cost close to the same to get a burger at Wendy’s as it does at a chain like Chilis. I can get one cheaper and way better than either at a local soul food diner
1
Posted on 4/16/24 at 7:33 pm to TBoy
quote:
There are still Red Lobsters? I thought they were eaten by private equity firms years ago.
Nope still plenty of them
Once again you’re wrong.
Posted on 4/16/24 at 7:35 pm to fallguy_1978
quote:
Younger generations have also shunned chains a little more than older ones. I'm not saying that I blame them, but it's definitely a thing.
They don’t shun them they just frequent different/newer chains.
Posted on 4/16/24 at 7:36 pm to HailHailtoMichigan!
The Red Lobster here got turned into a Chinese Restaurant.
Posted on 4/16/24 at 7:36 pm to nicholastiger
quote:
They should franchise a cheddar biscuit restaurant instead
You can buy the mix in the grocery store now. No need for anyone to ever go to RL.
Posted on 4/16/24 at 7:39 pm to mattz1122
quote:
NOOOO!!! Metairie losing its location was a death knell for good seafood in the NOLA area.
I moved to New Orleans from Pennsylvania in the early 90’s when I was 20. I took a local girl on a date to Red Lobster and a movie at the theater at Lakeside mall. She never talked to me again. Coming from the northeast, I thought Red Lobster was a “good” seafood restaurant.
Posted on 4/16/24 at 7:54 pm to HailHailtoMichigan!
It is nothing short of a miracle that they are even still in business these days, food there is table scraps that I’m not sure my dog would even eat
Posted on 4/16/24 at 7:57 pm to HailHailtoMichigan!
No room in the market for mid range restaurants anymore. It's either fast food type places or higher end that has margins to still pay growing labor costs.
Red Lobster, Chilis, and Applebees types are going to get squeezed out.
Red Lobster, Chilis, and Applebees types are going to get squeezed out.
Posted on 4/16/24 at 7:58 pm to HailHailtoMichigan!
I have never been to a Red Lobster in my life. Chain seafood restaurants are blasphemy in South Louisiana.
Posted on 4/16/24 at 7:58 pm to Smeg
If the frozen meal part of the books is turning good profit margin focus on that a bit more and reduce restaurants.
I just don’t wanna lose the biscuits lol
I just don’t wanna lose the biscuits lol
Posted on 4/16/24 at 8:00 pm to bad93ex
quote:
They will be the first of many, folks simply don't have the spending power that they did just a few years ago.
Not what is happening.
People don’t eat at chains anymore like that and haven’t for years.
All of them are dying.
Posted on 4/16/24 at 8:02 pm to HailHailtoMichigan!
Isn’t Red Lobster owned by Darden? I can’t see Darden being in that bad of shape though their flagship chain might be Olive Garden at this point. I used to own shares of Darden about a decade ago.
Posted on 4/16/24 at 8:03 pm to Fun Bunch
quote:
Not what is happening. People don’t eat at chains anymore like that and haven’t for years.
Agreed but spending power is most certainly a factor. People will cut out eating at these types of establishments first.
Alcohol and cigs last.
Posted on 4/16/24 at 8:04 pm to bad93ex
quote:
They will be the first of many, folks simply don't have the spending power that they did just a few years ago.
The travel and service sector of the economy is on fire and fueling inflation. If you can’t afford to take your family out for popcorn shrimp and cheddar biscuits something is seriously wrong with your budget strategy.
Posted on 4/16/24 at 8:05 pm to deltaland
quote:
They don’t shun them they just frequent different/newer chains.
I mean, can you blame someone for choosing better modern fast casual or local places?
Red lobster is not cheaper, and has no quality advantage.
It’s not particularly hard to get better seafood even deep in the Midwest these days
At least chilis you can get close to a reasonable price-quality ratio compared to peers, red lobster is a train wreck minus the biscuits
Posted on 4/16/24 at 8:09 pm to VADawg
quote:
Yet every single airport, hotel occupancy, festivals, concerts and restaurants are packed.
This is very true!
quote:
Related: credit card debt is at an all time high.
Or about 1% higher than it was pre-Covid.
You embarrass yourself when you try and blame the economy for you being poor. All I’m reading is that everyone else is living their best life but your six kids and three ex-wives can’t afford a busted up chain restaurant.
Posted on 4/16/24 at 8:14 pm to Paul Allen
quote:Yes, you are absolutely correct.
Tired of hearing that. Yet every single airport, hotel occupancy, festivals, concerts and restaurants are packed.
The economy is booming and inflation is nonexistent.
And your “wonderful” state is a shining example of how great our economy is doing.
Posted on 4/16/24 at 8:14 pm to HailHailtoMichigan!
Red Lobster used to be decent like 20 years ago. It's clear as they got cheap that their food has just turned to the seafood Applebees
Posted on 4/16/24 at 8:16 pm to HailHailtoMichigan!
Sounds like something red lobster would do
Posted on 4/16/24 at 8:19 pm to deltaland
Love the Cheddar Biscuits and all you can eat shrimp. The Red Lobster in the next town needs remodeled. It smells like wet stale carpet and everything you touch feels tacky. Until they do something about that I doubt I ever eat there again.
Page 3 of 7
Popular
Back to top
Follow TigerDroppings for LSU Football News