Red Lobster Bankruptcy: Unlimited Shrimp And Conflicts Of Interest

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  • เผยแพร่เมื่อ 8 ม.ค. 2025

ความคิดเห็น • 251

  • @wallstreetmillennial
    @wallstreetmillennial  7 หลายเดือนก่อน +9

    Thanks to invideo AI for sponsoring this video! Just go to invideo.io/i/WallStreetMillenial and use my code “WALLSTREETMILLENNIAL50” to get twice the number of video generation credits in your first month.

    • @exentrikk
      @exentrikk 7 หลายเดือนก่อน +2

      Is it just me or is this video a reupload?

    • @bascal133
      @bascal133 7 หลายเดือนก่อน +18

      noooo we don't need more AI slop on the platform, it's like the fast fashion of videos.

    • @West3rror
      @West3rror 7 หลายเดือนก่อน +6

      @Wallstreetmillenial
      Ehat an insane bad sponsor🤦‍♂️😅 Sorry, but you really must be some special kind of dumb to promote crap like this🤦‍♂️
      If you actually use this tool you just lost ALL of any respect you had. Even more silly is you promote the end od your own Job.. Really..? Damn, that's really dumb🤣🤣🤣

    • @ryaneylee
      @ryaneylee 7 หลายเดือนก่อน +6

      Social media platforms hosting user-generated content should ban these kinds of non-user-generated content and tools being used to generate artificial/spoofed content.

    • @christopherd.winnan8701
      @christopherd.winnan8701 7 หลายเดือนก่อน +3

      What is the point in asking viewers to leave comments if you have no intention of reading or replying to them?

  • @synonys
    @synonys 7 หลายเดือนก่อน +157

    If “Unlimited Shrimp” is code word for Private Equity Firm, then yes, Red Lobster was done in by “Unlimited Shrimp”

  • @Bash70
    @Bash70 7 หลายเดือนก่อน +75

    The bankruptcy wasn't caused by the unlimited shrimp deal. The private equity firm that owns the chain purchased the restaurant through a leverage buyout and straddled the chain in debt and is now selling the assets for profit while using the unlimited shrimp deal as cover.

    • @notorioustori
      @notorioustori 7 หลายเดือนก่อน +15

      Thank you!! The unlimited shrimp "fiasco" is a red herring. I was hoping this is where the video would lead. Disappointing.

    • @TheNaldiin
      @TheNaldiin 7 หลายเดือนก่อน +9

      They had three shrimp suppliers, then dropped the two that didn't share owners with the restaurant. It looks a lot like they wanted to get every asset out fast before a bankruptcy gave their creditors a chance.

    • @method341
      @method341 7 หลายเดือนก่อน

      how can they sell assets for profit when it's bankrupt?

    • @dylanjimenez1952
      @dylanjimenez1952 7 หลายเดือนก่อน

      the private equity owns the land and buildings now ​@@method341

    • @Bash70
      @Bash70 7 หลายเดือนก่อน +7

      @@method341 Corporations are not like people. If you take out loans to buy a business and it goes bankrupt, you are on the hook. Corporations on the other hand are allowed to take out loans under the name of the very business they're BUYING. If the business goes under, the private equity firm that "purchased" the business is off the hook. When the assets of the failed business are sold, it goes to pay the creditors. But here's the twist, a portion of those "creditors" are other entities owned by the PE firm THEMSELVES. So not only are they debt-free, but they also profit from making the business go bankrupt.

  • @lucasglowacki4683
    @lucasglowacki4683 7 หลายเดือนก่อน +86

    I used to work there when I was 20, back in 1993. One thing I’ll say is they had the cleanest kitchen I ever worked in. And I worked in like 10 different restaurants.

    • @chanecialifecoach3070
      @chanecialifecoach3070 7 หลายเดือนก่อน +11

      I work for Olive Garden for 12 years and they way they ran their restaurants was top tier. Never worked for a cleaner place while I was in the service industry!

  • @norgeek
    @norgeek 7 หลายเดือนก่อน +239

    The irony of a TH-cam channel makibg a video about someone going bankrupt, while promoting a service that will definitely kill channels like that..

    • @dillonbussard9576
      @dillonbussard9576 7 หลายเดือนก่อน +59

      This guy loves shilling horrible products in these vids

    • @rabidkoalaz
      @rabidkoalaz 7 หลายเดือนก่อน +8

      "Money"

    • @Derekzparty
      @Derekzparty 7 หลายเดือนก่อน +21

      Invideo is terrible.
      It simply searches through stock videos that are already out there and pastes a bunch of them in an order that vaguely syncs up to the dialogue you wrote using a very AI sounding voice.
      Nothing you couldn't do yourself with more precision in a similar amount of time.

    • @junyaiwase
      @junyaiwase 7 หลายเดือนก่อน +8

      Got sp0nsorblock never saw it el oh el

    • @HanazonoFiama
      @HanazonoFiama 7 หลายเดือนก่อน +3

      Need an explanation from @wallstreetmillennial

  • @Tie509
    @Tie509 7 หลายเดือนก่อน +59

    Private equity does it again. The Achilles Heel was giving up ownership in their own real estate. That devastated them during covid when traffic was extremely low, but they still had to pay rent.

    • @KOSMOinfinite
      @KOSMOinfinite 7 หลายเดือนก่อน +1

      Bingo. They also could of attained very cheap debt against the RE they owned during covid as well. Private Equity plays the same song each time. For many of these old legacy type brands the RE is the only real assets of value they have and PE knows this.

    • @obsidianjane4413
      @obsidianjane4413 7 หลายเดือนก่อน

      They got PPP loans and grants during COVID. That is why it shows rev.... err "normal" losses during 2021. So not owning properties wasn't a weakness, it just wasn't an advantage any longer.

  • @cvrart
    @cvrart 7 หลายเดือนก่อน +76

    unlimited shrimp = unlimited losses. They should have mixed in some Ozempic into the dipping sauce.

    • @chanecialifecoach3070
      @chanecialifecoach3070 7 หลายเดือนก่อน +2

      😂😂😂😂😂

    • @imaniblack
      @imaniblack 7 หลายเดือนก่อน +1

      😂

    • @AndyBlackburnart
      @AndyBlackburnart 7 หลายเดือนก่อน +1

      I couldn't finish the unlimited shrimp, you know when the last time it was that I couldn't eat unlimited shrimp?

    • @cvrart
      @cvrart 7 หลายเดือนก่อน +1

      @@AndyBlackburnart don''t worry, Red Lobster finished it for you, and now Red Lobster is finished. Now they have unlimited regrets.

  • @gibfkn
    @gibfkn 7 หลายเดือนก่อน +43

    It's no mistake, the CEO ran the company into the ground with the all you can eat shrimp deal!

  • @antimatter7629
    @antimatter7629 7 หลายเดือนก่อน +53

    Good old American culture, making restaurants regret giving a buffet

    • @chanecialifecoach3070
      @chanecialifecoach3070 7 หลายเดือนก่อน +8

      People are poor. When I worked for Olive Garden (and it was in an area with lots of farmers and generally low income area) When they would do never ending pasta bowl, no one left with anything less than 3 togo boxes 😔 But at least they were smart enough to make it limited time

    • @TQFMTradingStrategies
      @TQFMTradingStrategies 7 หลายเดือนก่อน +2

      @@chanecialifecoach3070how do you lose money on pasta? You can get pasta for like less than a dollar a pound lol.

  • @richhands5269
    @richhands5269 7 หลายเดือนก่อน +14

    My three favorite channels: Wall Street Millennial, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥

  • @taiwowilliams1418
    @taiwowilliams1418 7 หลายเดือนก่อน +32

    I mean…wouldn’t the unlimited shrimp deal at least be for a limited time? Why let it go on for so long?

    • @CrossingRover
      @CrossingRover 7 หลายเดือนก่อน +28

      Because they are owned by a large seafood supplier who sells… shrimp. I think they were trying to extract some remaining value out of the company

    • @PsyrenXY
      @PsyrenXY 7 หลายเดือนก่อน +11

      The parent company didn't care, they were basically throwing RL under the bus.

  • @thatguypal2025
    @thatguypal2025 7 หลายเดือนก่อน +20

    Red Lobster should've invested in indoor shrimp farming

    • @wmpx34
      @wmpx34 7 หลายเดือนก่อน +3

      Mmm, antibiotics 😋

  • @andyt1313
    @andyt1313 7 หลายเดือนก่อน +5

    Golly. Private equity had a hand in the demise of an iconic business. Never could have seen that coming.

  • @YourFinanceGuide
    @YourFinanceGuide 7 หลายเดือนก่อน +47

    Rookie mistake, not fleecing their customers. Hopefully more businesses learn from this mistake and raise their prices.

    • @MakerInMotion
      @MakerInMotion 7 หลายเดือนก่อน +26

      I paid $16 for a meal at McDonald's this week. They've got it figured out.

    • @jamesbillingsby8043
      @jamesbillingsby8043 7 หลายเดือนก่อน

      When the government prints money to support corporations success while completely eliminating the middle class. That's the time to increase prices 100% and blame it on inflation. Genuinely every other company did it and had record profits while the economy crumbled and destroyed the lives of millions of Americans.

    • @SlagNasty
      @SlagNasty 7 หลายเดือนก่อน

      The Supply Side squeeze has always existed they are just open about it now. ​@MakerInMotion

    • @gikigill788
      @gikigill788 7 หลายเดือนก่อน +2

      Yeah, anything less than $50/meal is unacceptable.

    • @eternalv10killa
      @eternalv10killa 7 หลายเดือนก่อน +3

      Hahaha the satire is killing me! 😂

  • @wtfroflffs
    @wtfroflffs 7 หลายเดือนก่อน +12

    The company loses millions of dollars every year since 2016, goes bust, then everyone blames it on free shrimp.

    • @letsburn00
      @letsburn00 7 หลายเดือนก่อน +3

      Its because this was caused by very wealthy people doing stuff that should be illegal and actually was during the period when the western economies did very well.
      This kind of "destroy a company and thousands of jobs to make $50" is messed up.

    • @Justin-mb4ql
      @Justin-mb4ql 7 หลายเดือนก่อน +1

      FREE SHRIMP? WHEN DID THAT HAPPEN?

  • @kevinbarry71
    @kevinbarry71 7 หลายเดือนก่อน +6

    Private equity does it again. Amazing how leverage buyout firms were able to change their name to something less ominous sounding

  • @alimaleki217
    @alimaleki217 7 หลายเดือนก่อน +11

    Thai Union (major shrimp producer) forced Red Lobster to stop buying shrimp from other sources.
    Then they forced them to add all you can eat shrimp to their permanent menu despite objections from experienced Red Lobster employees.
    Red Lobster wasn’t doing great to begin with but Golden Gate Capital and Thai Union stabbed them in the back!

  • @awesomeblossom2417
    @awesomeblossom2417 7 หลายเดือนก่อน +8

    I had a lot of great memories at red lobster, but the last time I was there, it was really sad. There was no one there and our food took like 45 mins to come out. Service was also the worst.

  • @nicholasgutierrez9940
    @nicholasgutierrez9940 7 หลายเดือนก่อน +22

    Still mad I developed an allergy to Shrimp in 2022. Just out of nowhere. It was one of my favorite foods. And then unlimited shrimp drops.

    • @thewokestoner8528
      @thewokestoner8528 7 หลายเดือนก่อน

      You can blame Pfizer and moderna for that

    • @marcorock7031
      @marcorock7031 7 หลายเดือนก่อน +1

      ​@@thewokestoner8528can I also blame them for my parents divorce? 😂 Conspiracy theorists are cancer.

    • @thewokestoner8528
      @thewokestoner8528 7 หลายเดือนก่อน +1

      @@marcorock7031 no, your parents not loving you has nothing to do with the immune system unfortunately.

    • @thewokestoner8528
      @thewokestoner8528 7 หลายเดือนก่อน

      @@marcorock7031 by the way if you did a quick google search you would realise that it's a documented phenomenon. You trolls calling people conspiracy theorists online are just as stupid as the people you try to insult 😂. No wonder your parents don't love you lol.

    • @thewokestoner8528
      @thewokestoner8528 7 หลายเดือนก่อน

      @@marcorock7031 If you did a quick google search you would realise it's a documented phenomenon. Maybe next time do your due diligence before judging. Maybe your parents would love you if you weren't so stupid lol.

  • @cpm1003
    @cpm1003 7 หลายเดือนก่อน +3

    I never watch TH-cam shorts, even from channels I like and am subscribed to.

  • @Entropy5
    @Entropy5 7 หลายเดือนก่อน +4

    The irony of your sponsor choice is not lost on us.

    • @wmpx34
      @wmpx34 7 หลายเดือนก่อน +2

      I swear at this point he’s just doing it to piss people off lol. I love it. No fucks given
      Anyone who’s getting bamboozled by sponsored ads on YT is a lost cause anyway. We should embrace our Ready Player One future!

  • @cheddarcheese
    @cheddarcheese 7 หลายเดือนก่อน +2

    They should have done it like olive garden. Unlimited soup, but you need to finish your bowl before another one.
    Red Lobster should have done 5 shrimp and bowl of noodles for $20.

  • @christiancsq
    @christiancsq 7 หลายเดือนก่อน +3

    I don't know why companies refuse to price unlimited deals higher

  • @StreyX
    @StreyX 7 หลายเดือนก่อน +1

    The video kinda understates how hard the chain was screwed by private equity.

    • @bnwo
      @bnwo 7 หลายเดือนก่อน

      It's because it's just a couple of kids thinking they know it all

  • @arthurgphotography
    @arthurgphotography 7 หลายเดือนก่อน +6

    A Private equity firm and Tik Tok influencers formed an a**hole alliance, got it.

  • @testattestdotnet
    @testattestdotnet 7 หลายเดือนก่อน +2

    Wall Street Millennial's Conflict of Interest is his refusal to blame private equity for killing red lobster. How Money Works wouldn't have done them dirty like that.

  • @Mr.Showbiz
    @Mr.Showbiz 7 หลายเดือนก่อน +1

    The guy who obtained a cost per shrimp of 12.5cents should be the new ceo with financial wizardry like that

  • @samsonsoturian6013
    @samsonsoturian6013 7 หลายเดือนก่อน +5

    InvideoAI sounds like they slapped a ChatGBT onto a cracked off-the-shelf video editor and are trying to pass it off as their own.

  • @-13eNnY-
    @-13eNnY- 7 หลายเดือนก่อน +4

    I honestly have only ever gone to Red Lobster when the unlimited shrimp deal was on. They shouldn't let customers stay for as long as they want though. That's just bad business.

  • @robfromwpg
    @robfromwpg 7 หลายเดือนก่อน +4

    how about - decrease in quality of food led to the decrease in customer traffic...

  • @kevinbarry71
    @kevinbarry71 7 หลายเดือนก่อน +4

    I despise TH-cam shorts. I am so tired of being tricked into clicking one not knowing it is a short.

  • @leroyjenkins6247
    @leroyjenkins6247 7 หลายเดือนก่อน +1

    Whoever made the rule that you can get unlimited shrimp, but not unlimited sides needs to be fired. I'm pretty sure the sides are significantly cheaper than the actual shrimp.

  • @HappyGoLuckyPanda
    @HappyGoLuckyPanda 7 หลายเดือนก่อน +5

    Okay I thought you are an AI before you promoted invideo AI

  • @bipolarkeyboard
    @bipolarkeyboard 7 หลายเดือนก่อน

    lol i worked at red lobster for like 7 months in high school, it was pure hell but also a good learning experience. We closed at 11:30 but sometimes we would get out of there just before 2AM. I still have a lot of respect for those in the kitchen or any customer service in general.

  • @ahoneyman
    @ahoneyman 3 หลายเดือนก่อน

    The biggest problem is the land and the buildings are almost worthless. Many Red Lobsters relied on mall traffic to bring in customers. People don't shop at malls anymore. So you have high property taxes on real estate where the cusomers aren't. Private equity or no private equity that's gonna end badly either way.

  • @Brian-li5up
    @Brian-li5up 7 หลายเดือนก่อน +4

    The TH-camrs filming themselves eating all that shrimp are gross.

  • @Thekitty0706fan
    @Thekitty0706fan 7 หลายเดือนก่อน +3

    First time i see someone doing an ad for a AI company, kinda sad to see a content creator promote and also use lazy AI tools that will probably at some point flood the site so bad you won’t be able to find real content between it. Like steam’s new games list being complete slop.

  • @darryljorden9177
    @darryljorden9177 7 หลายเดือนก่อน +2

    You call it conflict of interest. They would call it "synergy".

  • @williambell3304
    @williambell3304 7 หลายเดือนก่อน +3

    Thank you for using the ad to inform me that your shorts will be exclusively no-effort, low-quality AI slop. I now know never to touch them.

  • @4olufade
    @4olufade 7 หลายเดือนก่อน +1

    So when the CEO wants to get fired they should do an "unlimited" promotion

  • @jaredfischer6895
    @jaredfischer6895 7 หลายเดือนก่อน

    The CEO underestimated how much crab-people could eat

  • @chargermopar
    @chargermopar 7 หลายเดือนก่อน

    I rarely if ever eat out. The last time I was in a red Lobster was in 2006. The shrimp there is so full of coatings that it is inedible to me . Today I just wait until shrimp is on sale for 2-3 dollars a pound and buy it in 5 pound boxes. Fried in beef tallow it's so much tastier and cheaper. I hate being served by a waiter/waitress so if I do go to a restaurant it HAS to be a buffet. I want to pay when walking in and never have to worry about a tip or anything else. I eat and leave within one hour.

  • @kendalson7100
    @kendalson7100 7 หลายเดือนก่อน +1

    With restaurants like Bonefish Grill Red Lobster has more competition than it used to. They must differentiate themselves better.

  • @StrikeBuster-b2b
    @StrikeBuster-b2b 7 หลายเดือนก่อน

    IHOP in my town did all you can eat shrimp. I went with friends and couldn't leave. The shrimp was tiny frozen shrimp imported from overseas. It sucked and when the waitress came back to refill shrimp, i said just bring me fries this time. I live in South Mississippi with fresh jumbo shrimp in the Gulf and i get frozen junk.

  • @psp4150
    @psp4150 7 หลายเดือนก่อน +3

    Why are you selling out and saying this had anything to do with food? It was the bankers.

  • @christopherfoley4355
    @christopherfoley4355 7 หลายเดือนก่อน +5

    Starting to think this dude was AI all along…

  • @adam13magic63
    @adam13magic63 7 หลายเดือนก่อน +4

    Got to dislike that sponsor is so fucking cringe.

  • @mrsmith6532
    @mrsmith6532 7 หลายเดือนก่อน +8

    Not watching video sponsored by ai

    • @junyaiwase
      @junyaiwase 7 หลายเดือนก่อน

      Good point

  • @ooluta7578
    @ooluta7578 7 หลายเดือนก่อน +1

    Red Lobster has been brought down by a private equity firm, not unlimited shrimp.

  • @Eli_Skipjack
    @Eli_Skipjack 7 หลายเดือนก่อน

    I personally don’t like how blame for companies struggling always (at least in part) gets put on higher wages. If a company can’t pay all their employees a living wage, then that shows failure on part of the company, not the fault of the employees wanting to be compensated fairly. Without any cooks and waiters, a restaurant can’t function. It’s basic decency to give living wages to the people who make the business able to operate!

  • @TheKiiS
    @TheKiiS 7 หลายเดือนก่อน +1

    I clap with Red Lobster 🦞

  • @LuciFeric137
    @LuciFeric137 7 หลายเดือนก่อน

    "Sir, we're losing money on the shrimp!
    No worries, Digby. We'll make it up in volume!

  • @danhorrocks3431
    @danhorrocks3431 7 หลายเดือนก่อน

    It's cool when you help peddle scams and also talk about scams

  • @crypto_que
    @crypto_que 6 หลายเดือนก่อน

    It's crazy how people thought Red Lobster was a fancy restaurant. People used to go into outrage on Twitter when you told them it wasn't. One user actually posted that RL was "great" until people started reading ratings on the internet. He actually blamed people for exposing RL by sharing information. LOL.

  • @rook1196
    @rook1196 7 หลายเดือนก่อน

    the opportunity to gorge yourself on mediocre shrimp was the only reason people actually went to Red Lobster. Quality at the place was drowned in the bathtub, as the fish was leftovers from the sysco truck that couldn't even be sold to school cafeterias.

  • @mr.polakstunts8305
    @mr.polakstunts8305 7 หลายเดือนก่อน

    The irony of WSM hating on ai, then getting a sponsorship from and AI company

  • @donbernie9346
    @donbernie9346 7 หลายเดือนก่อน

    Answer was easy, unlimited shrimp during 3hours will allow you to get more customers inside and set a limit to the possible losses

  • @daroofa
    @daroofa 7 หลายเดือนก่อน +1

    Just about every one of the shrimp eating influencers should be dieting, not gorging on seafood.

  • @yantao-junliang8563
    @yantao-junliang8563 7 หลายเดือนก่อน

    went there last Friday around 8pm, paper wrap silverware had bugs crawling on it. kind of feel why it went downhill.

  • @showusyaguppysaustralia1515
    @showusyaguppysaustralia1515 7 หลายเดือนก่อน

    So if they buy 20% of the lobster available does that mean now they wont be so the price myt come down due to a 20% increse in stock to sell?

  • @SgtCrypto
    @SgtCrypto 7 หลายเดือนก่อน +1

    It was the shrimp 🍤 it was private equity firm selling the real estate

  • @FaustsKanaal
    @FaustsKanaal 7 หลายเดือนก่อน +2

    Shorts suck. They are for ADHD youths, informative long form videos like you make have a very different demographic as an audience. Usually older.

  • @sutats
    @sutats 7 หลายเดือนก่อน +3

    Something smells fishy.

  • @cvrart
    @cvrart 7 หลายเดือนก่อน +1

    I am.... were they crazy?!?!?! How could anyone underestimate the amount of crab a person can eat!??!? Crab is DELICIOUS!!!! If they invite me to eat them into bankruptcy, I will happily oblige them.

    • @calebbarnhouse496
      @calebbarnhouse496 7 หลายเดือนก่อน +1

      Because he's wrong, it was corporate management and debt, basically red lobster was bought to shove full of debt, then stripped for parts to maximize profit, the shrimp deal is just a boogeyman people blame

    • @cvrart
      @cvrart 7 หลายเดือนก่อน

      @@calebbarnhouse496 so, the shrimp was just a red herring?

    • @calebbarnhouse496
      @calebbarnhouse496 7 หลายเดือนก่อน

      @@cvrart more of a green hearing if you were red green colorblind

  • @logwhitley
    @logwhitley 7 หลายเดือนก่อน

    This sale and lease back has bankrupted so many companies

  • @SpiritusMundi3
    @SpiritusMundi3 7 หลายเดือนก่อน +2

    Appreciate your work.

  • @bnwo
    @bnwo 7 หลายเดือนก่อน

    This is completely wrong. It was because a private equity firm jacked up the rent.

  • @Bewilderebeest
    @Bewilderebeest 7 หลายเดือนก่อน +1

    Sooooo … anyone else not going to watch the shorts from this channel? 😬

  • @Vednier
    @Vednier 7 หลายเดือนก่อน

    "Offer Unlimited Shrimp - expect customers to pay and eat nothing" - that can go wrong?

  • @serchsource8744
    @serchsource8744 7 หลายเดือนก่อน

    In America...its not a restaurant....its a business...so i rarely went out to eat.
    In europe, a cook invest in skills and knowledge....its a communal thing.
    In America, a cook invest in stocks and other commodities. Its a business!

  • @Cyber_Samurai
    @Cyber_Samurai 7 หลายเดือนก่อน

    First time I'm hearing about unlimited shrimp

  • @MCorpReview
    @MCorpReview 7 หลายเดือนก่อน

    Your analysis is of the gods!!! I hold Thai Union 😂so sad 😢they made a big deal about the divestment and how everything will be hunky dory going forward but u need to watch Thai financial media to see that

  • @render8
    @render8 7 หลายเดือนก่อน +1

    Red lobster should have bought Thia Union... Not the other way around...🤷

  • @Vednier
    @Vednier 7 หลายเดือนก่อน +6

    Hear "AI" - click Thumbs Down! Also, this Invideo AI is reason why there is so much sloppy pointless video just for showing ads on TH-cam.

  • @Bernie_Lomax
    @Bernie_Lomax 7 หลายเดือนก่อน +3

    Chicken of The Sea

  • @philliberatore4265
    @philliberatore4265 7 หลายเดือนก่อน

    It is an insult to Italy to use the words "Italian food" and "Olive Garden" in the same sentence.

  • @cheddarcheese
    @cheddarcheese 7 หลายเดือนก่อน

    I have not been to Red Lobster...ever.

  • @AlanTheBeast100
    @AlanTheBeast100 7 หลายเดือนก่อน

    Red Lobster left Quebec 27 years ago due to poor revenue.
    Much better choices here than that dreck. They stayed in Ontario. hmmm.
    Olive Garden didn't stand a chance in Quebec - esp. Montreal with dozens of authentic Italian restaurants all over the quality/price map.

  • @Mac-p7f
    @Mac-p7f 7 หลายเดือนก่อน +3

    they got good shrimp!

    • @HardPourCorn
      @HardPourCorn 7 หลายเดือนก่อน

      They got what kind of shrimp, again?

  • @IsaiahSmalley
    @IsaiahSmalley 7 หลายเดือนก่อน

    I like it when Patrick Boyle did it 😬

  • @christopherd.winnan8701
    @christopherd.winnan8701 7 หลายเดือนก่อน

    Claiming that crabs cannot be farmed is simply not true. There are massive RAS mud crab farms in SEA and this is one of fastest growing and most innovative parts of the industry. Not to mention the domestic crab condo tech being actively developed in Singapore and Thailand. To claim otherwise is disingenuous and not helping mariculture innovators in the least. Please try to remedy this in the future.

  • @silversurfer8237
    @silversurfer8237 7 หลายเดือนก่อน

    Great content but a sad story. Red Lobster offered good quality food at a decent price. Leveraging them up was a bad thing: Leverage kills when the business drops.

  • @Noah_E
    @Noah_E 7 หลายเดือนก่อน +1

    Who would have thought? Selling garbage quality food for too much money in dingy restaurants with terrible staff wasn't a money maker. Olive Garden should be the next to fall for the same reasons, except they were designed to be as loud as possible which makes them even less appealing as a sit-down experience.

  • @JJ-ds5fs
    @JJ-ds5fs 7 หลายเดือนก่อน

    Thai Union robbed them, related party transactions are something that would require more disclose for a public company but here they have been able to cover up the details and just blame the shrimp promotion

  • @UncleJoeLITE
    @UncleJoeLITE 7 หลายเดือนก่อน +1

    Is this script AI generated? It's hard to know after that intro.

  • @dennispratt559
    @dennispratt559 7 หลายเดือนก่อน

    We all know what happened to Red Lobster.We're not stupid.

  • @andrewallbright
    @andrewallbright 7 หลายเดือนก่อน

    Operating a red lobster isn’t shrimple. Not shrimple at all.

  • @kimberlyjones4534
    @kimberlyjones4534 7 หลายเดือนก่อน +37

    I’m favored financially with Bitcoin ETFs approval, Thank you buddy. $12,000 monthly profit regardless of how bad it gets on the economy.

    • @jamesadams9328
      @jamesadams9328 7 หลายเดือนก่อน +5

      Same here, I believe the Bitcoin ETFs approval will be life changing opportunity for us, with my current portfolio made from my investments with my personal financial advisor 1 totally agree with you

    • @Chrisbaker135
      @Chrisbaker135 7 หลายเดือนก่อน +5

      I’m a long term investor, I withdrew my profits of over $61,000 during the COVID 19 pandemic ….

    • @sarahjonh6179
      @sarahjonh6179 7 หลายเดือนก่อน +4

      She is my family’ personal Broker and also a personal Broker to many families in the United States, she is a licensed broker and a FINRA AGENT in the United States…

    • @michaelknox9234
      @michaelknox9234 7 หลายเดือนก่อน +4

      A lot of people still make massive profit from the crypto market, all you really need is a relevant information and some < professional advice. ‹ it's totally inappropriate for investors to hang on while suffering from dip during significant

    • @marycarter9830
      @marycarter9830 7 หลายเดือนก่อน +3

      This sounds so good and I would like to be a party to this, is there any way I can speak with her?

  • @marques10010
    @marques10010 7 หลายเดือนก่อน

    Do you know how many calories that is... If they collapse and die who's fault is it???

  • @locobob
    @locobob 7 หลายเดือนก่อน

    So this is why we can’t have nice things.

  • @dylanjimenez1952
    @dylanjimenez1952 7 หลายเดือนก่อน

    never trust private equity

  • @JFirn86Q
    @JFirn86Q 7 หลายเดือนก่อน

    Sounds like the end started with Golden Gate Capital took over in 2014 and sold all the land for a quick buck. From there it's going to go downhill without significant growth of profitability.

  • @Mac-p7f
    @Mac-p7f 7 หลายเดือนก่อน +1

    good shrimp!

  • @murraymadness4674
    @murraymadness4674 7 หลายเดือนก่อน

    'unlimited shrimp' is why they are going out of business? What level of incompentent managment would keep losing money with their bad decisions?

    • @TheNaldiin
      @TheNaldiin 7 หลายเดือนก่อน

      They've been going out of business slowly for more than a decade. Unlimited Shrimp is how their owners got the remaining cash out of a dying company to their main enterprise. The last puff of a used cigarette butt as, I think, Warren Buffet described it.

  • @Gilly459
    @Gilly459 7 หลายเดือนก่อน

    Landchads win again!

  • @kk22001
    @kk22001 7 หลายเดือนก่อน

    Golden gate capital - well done lol

  • @UncleJoeLITE
    @UncleJoeLITE 7 หลายเดือนก่อน

    Great! With the paid version of your sponsor, I can create one of your videos myself. Just paste a few AI videos of your voice together. "Wall St Millennial" anyone??? Dunno about this sponsor.

  • @justinbarion2269
    @justinbarion2269 7 หลายเดือนก่อน

    James Corbin eating away his problems again....

  • @rhobot75
    @rhobot75 7 หลายเดือนก่อน

    Am a subscriber, and want to watch this vid, but always found RL repulsive. Never went. Private equity, another one bites the pavement. And here I am commenting for the algo.

  • @dosmastrify
    @dosmastrify 7 หลายเดือนก่อน

    You guys just do this or am I mix me up with Robert Boyle

    • @TheNaldiin
      @TheNaldiin 7 หลายเดือนก่อน +1

      You mean Patrick? Pretty sure he covered recently.