Red Lobster’s ‘ultimate’ endless shrimp deal backfires, costing company millions
Videos
-
Red Lobster’s ‘ultimate’ endless shrimp deal backfires, costing company millions
01:17 | December 1, 2023
-
Business Matters: Holiday spending climbs across Canada
02:30 | December 24, 2025
-
Trump says he will ‘soon’ announce next federal reserve chairperson
00:49 | December 17, 2025
-
Trump says he’s secured $18 trillion in U.S. investment through tariffs
01:07 | December 17, 2025
-
Business Matters: Warner Brothers rejects Paramount’s hostile bid
02:46 | December 17, 2025
-
New ‘Buy Canadian’ procurement rules kick in amid US trade war
02:28 | December 16, 2025
-
Business Matters: November home sales down almost 11% annually as market hits ‘holding pattern’
02:19 | December 15, 2025
-
Bank of Canada holds interest rates steady as Trump tariffs remain threat to economy
05:05 | December 10, 2025
-
Health Matters: Canada approves drug for postpartum depression
02:20 | December 9, 2025
-
Trump warns he could put ‘very severe tariffs’ on Canadian fertilizer
02:24 | December 8, 2025
-
Business Matters: Air Transat suspending flights after strike notice
02:19 | December 8, 2025
-
Canadian economy seeing ‘encouraging results’: Carney
00:43 | December 8, 2025
-
Canadians in Washington to ‘buffer against some of the political noise’
10:47 | December 7, 2025
-
Researchers call on airlines to mandate AEDs on board planes
01:40 | December 3, 2025
-
Business Matters: Canadian firm Roshel to provide ICE with armoured vehicles
02:32 | December 3, 2025
-
“We’ll fight for these jobs”: Joly responds as Algoma Steel announces plans to lay off 1,000 workers
01:20 | December 1, 2025
-
Business Matters: Airbus says most jets have software fix after flight-control incident
02:20 | December 1, 2025
-
Alberta’s Smith says she ‘changed her mind’ on carbon tech and ‘perhaps’ Carney ‘re-calibrating his own thinking’
01:50 | November 27, 2025
-
Carney says signing MOU on West Coast pipeline deal is ‘first step’ in the ‘spirit of partnership’
01:05 | November 27, 2025
-
White House circulates plan to extend Obamacare subsidies
02:28 | November 25, 2025
-
Business Matters: Majority of Canadians plan to cut back on holiday spending, use AI to find deals
02:28 | November 25, 2025
-
Health Matters: Doctors, nurses leaving Quebec’s Nunavik region due to water shortages
02:26 | November 24, 2025
-
Business Matters: Discounts offered as global companies tone down price hike talk
02:03 | November 24, 2025
-
Business Matters: Canada Post losses top $1B in 2025
02:09 | November 19, 2025
-
Could turmoil be ahead for the Carney government after it narrowly survived budget vote?
01:59 | November 18, 2025
-
Business Matters: Inflation drops to 2.2% in October
02:23 | November 17, 2025
-
Stock market savants warn of potential ‘A.I. bubble’ reminiscent of dot-com era
02:03 | November 13, 2025
-
Business Matters: Holiday job postings up from last year, report shows
02:28 | November 12, 2025
-
Ontario signs extension to 10$-a-day child-care program with Ottawa
02:55 | November 11, 2025
-
‘Beginning of the end’ of US government shutdown could put end to air traffic controllers’ fatigue
04:03 | November 10, 2025
-
Premiums for aluminum in U.S. reach record highs
02:34 | November 10, 2025
-
Federal budget invests in housing, infrastructure and green tech: Champagne
03:32 | November 5, 2025
-
Red Lobster’s ‘ultimate’ endless shrimp deal backfires, costing company millions
01:17 | December 1, 2023
-
Business Matters: Holiday spending climbs across Canada
02:30 | December 24, 2025
-
Trump says he will ‘soon’ announce next federal reserve chairperson
00:49 | December 17, 2025
-
Trump says he’s secured $18 trillion in U.S. investment through tariffs
01:07 | December 17, 2025
-
Business Matters: Warner Brothers rejects Paramount’s hostile bid
02:46 | December 17, 2025
-
New ‘Buy Canadian’ procurement rules kick in amid US trade war
02:28 | December 16, 2025
-
Business Matters: November home sales down almost 11% annually as market hits ‘holding pattern’
02:19 | December 15, 2025
-
Bank of Canada holds interest rates steady as Trump tariffs remain threat to economy
05:05 | December 10, 2025
-
Health Matters: Canada approves drug for postpartum depression
02:20 | December 9, 2025
-
Trump warns he could put ‘very severe tariffs’ on Canadian fertilizer
02:24 | December 8, 2025
-
Business Matters: Air Transat suspending flights after strike notice
02:19 | December 8, 2025
-
Canadian economy seeing ‘encouraging results’: Carney
00:43 | December 8, 2025
-
Canadians in Washington to ‘buffer against some of the political noise’
10:47 | December 7, 2025
-
Researchers call on airlines to mandate AEDs on board planes
01:40 | December 3, 2025
-
Business Matters: Canadian firm Roshel to provide ICE with armoured vehicles
02:32 | December 3, 2025
-
“We’ll fight for these jobs”: Joly responds as Algoma Steel announces plans to lay off 1,000 workers
01:20 | December 1, 2025
-
Business Matters: Airbus says most jets have software fix after flight-control incident
02:20 | December 1, 2025
-
Alberta’s Smith says she ‘changed her mind’ on carbon tech and ‘perhaps’ Carney ‘re-calibrating his own thinking’
01:50 | November 27, 2025
-
Carney says signing MOU on West Coast pipeline deal is ‘first step’ in the ‘spirit of partnership’
01:05 | November 27, 2025
-
White House circulates plan to extend Obamacare subsidies
02:28 | November 25, 2025
-
Business Matters: Majority of Canadians plan to cut back on holiday spending, use AI to find deals
02:28 | November 25, 2025
-
Health Matters: Doctors, nurses leaving Quebec’s Nunavik region due to water shortages
02:26 | November 24, 2025
-
Business Matters: Discounts offered as global companies tone down price hike talk
02:03 | November 24, 2025
-
Business Matters: Canada Post losses top $1B in 2025
02:09 | November 19, 2025
-
Could turmoil be ahead for the Carney government after it narrowly survived budget vote?
01:59 | November 18, 2025
-
Business Matters: Inflation drops to 2.2% in October
02:23 | November 17, 2025
-
Stock market savants warn of potential ‘A.I. bubble’ reminiscent of dot-com era
02:03 | November 13, 2025
-
Business Matters: Holiday job postings up from last year, report shows
02:28 | November 12, 2025
-
Ontario signs extension to 10$-a-day child-care program with Ottawa
02:55 | November 11, 2025
-
‘Beginning of the end’ of US government shutdown could put end to air traffic controllers’ fatigue
04:03 | November 10, 2025
-
Premiums for aluminum in U.S. reach record highs
02:34 | November 10, 2025
-
Federal budget invests in housing, infrastructure and green tech: Champagne
03:32 | November 5, 2025
Red Lobster’s ‘ultimate’ endless shrimp deal backfires, costing company millions
Description
December 1, 2023
Red Lobster announced its "ultimate endless shrimp" deal would become part of its regular menu back in June, a move it hoped would bring in more diners in the summer and fall, when its restaurants are at their emptiest. It worked, but it also left the company with an $11 million loss in their third quarter. Sean Previl explains how the company has adjusted the deal in an attempt to earn back profits, and why it's still going to end up with a big loss going into 2024.
-
Red Lobster’s ‘ultimate’ endless shrimp deal backfires, costing company millions01:17 | December 1, 2023 -
Business Matters: Holiday spending climbs across Canada02:30 | December 24, 2025 -
Trump says he will ‘soon’ announce next federal reserve chairperson00:49 | December 17, 2025 -
Trump says he’s secured $18 trillion in U.S. investment through tariffs01:07 | December 17, 2025 -
Business Matters: Warner Brothers rejects Paramount’s hostile bid02:46 | December 17, 2025 -
New ‘Buy Canadian’ procurement rules kick in amid US trade war02:28 | December 16, 2025 -
Business Matters: November home sales down almost 11% annually as market hits ‘holding pattern’02:19 | December 15, 2025 -
Bank of Canada holds interest rates steady as Trump tariffs remain threat to economy05:05 | December 10, 2025 -
Health Matters: Canada approves drug for postpartum depression02:20 | December 9, 2025 -
Trump warns he could put ‘very severe tariffs’ on Canadian fertilizer02:24 | December 8, 2025 -
Business Matters: Air Transat suspending flights after strike notice02:19 | December 8, 2025 -
Canadian economy seeing ‘encouraging results’: Carney00:43 | December 8, 2025 -
Canadians in Washington to ‘buffer against some of the political noise’10:47 | December 7, 2025 -
Researchers call on airlines to mandate AEDs on board planes01:40 | December 3, 2025 -
Business Matters: Canadian firm Roshel to provide ICE with armoured vehicles02:32 | December 3, 2025 -
“We’ll fight for these jobs”: Joly responds as Algoma Steel announces plans to lay off 1,000 workers01:20 | December 1, 2025 -
Business Matters: Airbus says most jets have software fix after flight-control incident02:20 | December 1, 2025 -
Alberta’s Smith says she ‘changed her mind’ on carbon tech and ‘perhaps’ Carney ‘re-calibrating his own thinking’01:50 | November 27, 2025 -
Carney says signing MOU on West Coast pipeline deal is ‘first step’ in the ‘spirit of partnership’01:05 | November 27, 2025 -
White House circulates plan to extend Obamacare subsidies02:28 | November 25, 2025 -
Business Matters: Majority of Canadians plan to cut back on holiday spending, use AI to find deals02:28 | November 25, 2025 -
Health Matters: Doctors, nurses leaving Quebec’s Nunavik region due to water shortages02:26 | November 24, 2025 -
Business Matters: Discounts offered as global companies tone down price hike talk02:03 | November 24, 2025 -
Business Matters: Canada Post losses top $1B in 202502:09 | November 19, 2025 -
Could turmoil be ahead for the Carney government after it narrowly survived budget vote?01:59 | November 18, 2025 -
Business Matters: Inflation drops to 2.2% in October02:23 | November 17, 2025 -
Stock market savants warn of potential ‘A.I. bubble’ reminiscent of dot-com era02:03 | November 13, 2025 -
Business Matters: Holiday job postings up from last year, report shows02:28 | November 12, 2025 -
Ontario signs extension to 10$-a-day child-care program with Ottawa02:55 | November 11, 2025 -
‘Beginning of the end’ of US government shutdown could put end to air traffic controllers’ fatigue04:03 | November 10, 2025 -
Premiums for aluminum in U.S. reach record highs02:34 | November 10, 2025 -
Federal budget invests in housing, infrastructure and green tech: Champagne03:32 | November 5, 2025
-
Red Lobster’s ‘ultimate’ endless shrimp deal backfires, costing company millions01:17 | December 1, 2023
-
Business Matters: Holiday spending climbs across Canada02:30 | December 24, 2025
-
Trump says he will ‘soon’ announce next federal reserve chairperson00:49 | December 17, 2025
-
Trump says he’s secured $18 trillion in U.S. investment through tariffs01:07 | December 17, 2025
-
Business Matters: Warner Brothers rejects Paramount’s hostile bid02:46 | December 17, 2025
-
New ‘Buy Canadian’ procurement rules kick in amid US trade war02:28 | December 16, 2025
-
Business Matters: November home sales down almost 11% annually as market hits ‘holding pattern’02:19 | December 15, 2025
-
Bank of Canada holds interest rates steady as Trump tariffs remain threat to economy05:05 | December 10, 2025
-
Health Matters: Canada approves drug for postpartum depression02:20 | December 9, 2025
-
Trump warns he could put ‘very severe tariffs’ on Canadian fertilizer02:24 | December 8, 2025
-
Business Matters: Air Transat suspending flights after strike notice02:19 | December 8, 2025
-
Canadian economy seeing ‘encouraging results’: Carney00:43 | December 8, 2025
-
Canadians in Washington to ‘buffer against some of the political noise’10:47 | December 7, 2025
-
Researchers call on airlines to mandate AEDs on board planes01:40 | December 3, 2025
-
Business Matters: Canadian firm Roshel to provide ICE with armoured vehicles02:32 | December 3, 2025
-
“We’ll fight for these jobs”: Joly responds as Algoma Steel announces plans to lay off 1,000 workers01:20 | December 1, 2025
-
Business Matters: Airbus says most jets have software fix after flight-control incident02:20 | December 1, 2025
-
Alberta’s Smith says she ‘changed her mind’ on carbon tech and ‘perhaps’ Carney ‘re-calibrating his own thinking’01:50 | November 27, 2025
-
Carney says signing MOU on West Coast pipeline deal is ‘first step’ in the ‘spirit of partnership’01:05 | November 27, 2025
-
White House circulates plan to extend Obamacare subsidies02:28 | November 25, 2025
-
Business Matters: Majority of Canadians plan to cut back on holiday spending, use AI to find deals02:28 | November 25, 2025
-
Health Matters: Doctors, nurses leaving Quebec’s Nunavik region due to water shortages02:26 | November 24, 2025
-
Business Matters: Discounts offered as global companies tone down price hike talk02:03 | November 24, 2025
-
Business Matters: Canada Post losses top $1B in 202502:09 | November 19, 2025
-
Could turmoil be ahead for the Carney government after it narrowly survived budget vote?01:59 | November 18, 2025
-
Business Matters: Inflation drops to 2.2% in October02:23 | November 17, 2025
-
Stock market savants warn of potential ‘A.I. bubble’ reminiscent of dot-com era02:03 | November 13, 2025
-
Business Matters: Holiday job postings up from last year, report shows02:28 | November 12, 2025
-
Ontario signs extension to 10$-a-day child-care program with Ottawa02:55 | November 11, 2025
-
‘Beginning of the end’ of US government shutdown could put end to air traffic controllers’ fatigue04:03 | November 10, 2025
-
Premiums for aluminum in U.S. reach record highs02:34 | November 10, 2025
-
Federal budget invests in housing, infrastructure and green tech: Champagne03:32 | November 5, 2025
Red Lobster’s ‘ultimate’ endless shrimp deal backfires, costing company millions
Description
December 1, 2023
Red Lobster announced its "ultimate endless shrimp" deal would become part of its regular menu back in June, a move it hoped would bring in more diners in the summer and fall, when its restaurants are at their emptiest. It worked, but it also left the company with an $11 million loss in their third quarter. Sean Previl explains how the company has adjusted the deal in an attempt to earn back profits, and why it's still going to end up with a big loss going into 2024.
National News
-
King Charles shares 2025 Christmas message: Remembers ‘courage and sacrifice’ of war veterans10:006 hours ago -
What to watch on STACKTV: Top shows you should be streaming now3:166 hours ago -
Holiday Season 2025: Christmas trees, lights and decorations light up city streets worldwide3:259 hours ago -
Pope Leo urges faithful to help the poor in 1st Christmas Eve mass2:4019 hours ago -
Global National: Dec. 2422:1720 hours ago -
How Trump is putting U.S. election integrity under pressure ahead of 2026 midterms2:2818 hours ago -
Epstein files: 3 Canadians mentioned in latest document release2:0218 hours ago -
Frozen Yukon and soaked California: Brutal weather hit before Christmas1:5518 hours ago -
Ukraine open to creating demilitarized zone in new draft peace plan2:1018 hours ago -
Edmonton father dies waiting to see a doctor in hospital E.R.2:0618 hours ago
Advertisement
Top News
-
Christmas spirit returns to Bethlehem amid fragile Gaza ceasefire1:5823 hours ago -
India launches BlueBird Block-2 satellite in major commercial space mission1:0218 hours ago -
Libya’s military chief, 7 others killed in Turkey plane crash1:3818 hours ago -
‘Greenland’s a big deal’: Trump says U.S. needs to have it1:222 days ago -
Bondi Beach shooting: Gunmen planned attack for months, police say1:583 days ago -
Car bomb kills Russian general Fanil Sarvarov in Moscow2:083 days ago -
National tribute held 1 week since the Bondi Beach mass-shooting2:013 days ago -
German engineer makes history as 1st wheelchair user to go to space0:454 days ago -
Epstein files: At least 16 files have disappeared from the DOJ webpage, including Trump’s photo2:104 days ago -
How US strikes against ISIS in Syria have put renewed attention on terrorist group2:205 days ago
Sponsored Content
Global National
-
Global National: Dec. 2422:1720 hours ago -
Global National: Dec 2322:082 days ago -
Global National: Dec. 2222:043 days ago -
Global National: Dec. 2122:054 days ago -
Global National: Dec. 2021:525 days ago -
Global National: Dec. 1922:146 days ago -
Global National: Dec. 1821:197 days ago -
‘They came to us,’ Carney says on Conservative MPs crossing the floor2:531 week ago -
Global National: Dec. 1722:061 week ago -
Global National: Dec. 1622:161 week ago
Trending
Canada
-
5th Project Gaslight guilty plea sends Edmonton man to prison1:4218 hours ago -
Business Matters: Holiday spending climbs across Canada2:3018 hours ago -
The Calgary communities seeing effects of citywide rezoning the most and least2:032 days ago -
Deadly bat fungus ‘white-nose syndrome’ found in Alberta2:241 day ago -
Addressing the holiday impact on mental well-being1:361 day ago -
Carney picks Mark Wiseman as Canada’s new U.S. ambassador2:223 days ago -
Flood damage assessment in Abbotsford1:544 days ago -
Early speculation that Alberta is headed towards an election in 20262:064 days ago -
Court battle between chief candidates reveals $1.6M in questionable payments at Little Grand Rapids2:234 days ago -
CUSMA review: Canada-U.S. to begin in January11:254 days ago
U.S. News
-
How Trump is putting U.S. election integrity under pressure ahead of 2026 midterms2:2818 hours ago -
Epstein files: 3 Canadians mentioned in latest document release2:0218 hours ago -
Frozen Yukon and soaked California: Brutal weather hit before Christmas1:5518 hours ago -
Body of missing 9-year-old California girl found in Utah, mother arrested on suspicion of murder2:2318 hours ago -
Business Matters: Jim Beam halting some bourbon production2:282 days ago -
‘Greenland’s a big deal’: Trump says U.S. needs to have it1:222 days ago -
Epstein files: Trump says ‘I don’t like the pictures being shown’ of Bill Clinton, blames Democrats2:393 days ago -
DOJ releases first trove of Epstein files, but with many redacted2:386 days ago -
‘Serious threat’: Rubio on transnational terrorist criminal gangs operating from Venezuela4:166 days ago -
Brown University shooting, MIT professor’s killing suspect found dead, officials say3:326 days ago
Advertisement
World
-
Pope Leo urges faithful to help the poor in 1st Christmas Eve mass2:4019 hours ago -
Ukraine open to creating demilitarized zone in new draft peace plan2:1018 hours ago -
Christmas spirit returns to Bethlehem amid fragile Gaza ceasefire1:5823 hours ago -
Japanese woman ‘marries’ ChatGPT AI character2:141 day ago -
130 kidnapped schoolchildren returned in Nigeria0:352 days ago -
Bondi Beach shooting: Gunmen planned attack for months, police say1:583 days ago -
China hits EU dairy products with tariffs up to 42.7%, EU says ‘unjustified’1:363 days ago -
‘So much joy’: Spain’s ‘The Fat One’ Christmas lottery spreads riches in wildfire-hit area2:403 days ago -
Israeli cabinet approves new settlements in West Bank0:403 days ago -
U.S. seizure of second tanker and implications for oil demand2:054 days ago
Politics
-
How Trump is putting U.S. election integrity under pressure ahead of 2026 midterms2:2818 hours ago -
Epstein files: 3 Canadians mentioned in latest document release2:0218 hours ago -
Ukraine open to creating demilitarized zone in new draft peace plan2:1018 hours ago -
US imposes visa bans on Europeans amid deepening row over ‘censorship’1:5620 hours ago -
Toronto’s Mayor says she’ll put Toronto first, even if it damages a possible re-election bid4:471 day ago -
Year-end interview with Premier Scott Moe (2025) – Part Two5:201 day ago -
Winnipeg Mayor Scott Gillingham looks back at 2025 and ahead to 20264:131 day ago -
City councilor questions new transit system5:371 day ago -
Developers’ community gardens questioned3:221 day ago -
Petition for Alberta independence referendum approved2:051 day ago
Health and Wellness
-
Edmonton father dies waiting to see a doctor in hospital E.R.2:0618 hours ago -
Holiday ER closures leave gaps in rural Saskatchewan health care1:4318 hours ago -
Health Matters: QC hospitals urge residents without severe symptoms to stay home2:3418 hours ago -
Addressing the holiday impact on mental well-being1:361 day ago -
Health Matters: 4 people hospitalized after Pillsbury Pizza Pops recalled due to E. Coli concerns2:592 days ago -
Healthy Living: health during the holidays4:162 days ago -
A Holiday Health Check- Up5:262 days ago -
AHS pauses bell ringing ceremony for cancer patients at the Stollery1:523 days ago -
Health Matters: New regulations targeting illegal drug chemicals, equipment2:346 days ago -
Flu cases surge across Canada with H3N2 as the dominant strain of the virus1:531 week ago
Advertisement
Investigative News
-
One of Canada’s 1st convicted terrorists is denied parole1:573 days ago -
Advocacy group fears Manitoba inmate being targeted by jail guards2:126 days ago -
Fighting the addictions crisis in northern Manitoba’s Nisichawayasihk Cree Nation5:021 week ago -
‘They can shoot me’: Fear-stricken Ontario family speaks after Bishnoi gang violence in Canada2:511 week ago -
Government responds to allegations of widespread fraud at Social Development and Poverty Reduction ministry3:303 weeks ago -
Ontario’s landfill crisis: The cost of inaction2:532 months ago -
Russian snipers using Canadian rifles in Ukraine despite sanctions2:382 months ago -
Canada fails to deport Iranian regime member2:023 months ago -
Police defend handling of information on arrest overseas of wanted B.C. fugitive2:383 months ago -
‘ChatGPT was helping’: Kenyan human trafficking survivor reveals AI role in Myanmar scam centres2:523 months ago
News Bloopers
-
‘Amoosing’ cow leaves Global News Morning crew in stitches1:592 weeks ago -
‘Can’t use that on TV’: Watch a Global News reporter jump from the highest bungee jump in Canada0:378 months ago -
Black bear in tree has rough landing after being tranquilized at Halifax-area park0:4915 months ago -
Edmonton, B.C. morning show hosts settle NHL playoff bet3:0519 months ago -
‘You can’t make this stuff up:’ Loud clap of thunder interrupts live TV segment at pivotal moment0:2527 months ago -
Fun times? Global News personalities help clear snow in search of ‘fun’ story2:0038 months ago -
‘Buzzworthy moment’: Colin D’Mello recaps Doug Ford accidentally swallowing a bee1:5740 months ago -
‘Did you just call me daddy?’: Morning show hosts can’t hold back laughter after on-air mixup1:1541 months ago -
B.C. dad hoping to see his cloud photo on TV get his wish following viral TikTok campaign2:1244 months ago -
Bloopers: Phil Darlington slips, slides and falls in these Our Winter City outtakes1:3838 months ago