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Old 12-25-13, 01:29 PM   #26
GoldenJCJ
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re: Red Lobster may be sold or spun off

I like their "endless shrimp" deals they have every once in awhile. Aside from that I'm not a huge fan of RL. Unfortunately, around here we have few choices if we want seafood. I'll take Red Lobster over the waaaayyy over seasoned Joe's Crab Shack.
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Old 12-25-13, 01:37 PM   #27
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re: Red Lobster may be sold or spun off

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Originally Posted by SuperJim88 View Post
Woo, wait a minute people. The article only said that they will delay expanding, either sell or spin off Red Lobster. It's far from "Reb Lobster may go out of business." For a company to go out of business, its sales must be low enough that it generates cash flow issues. The sales may not be as projected, but it's not the same as it can make its payroll.
I read it as "Red Lobster no more as of 12/25/2013"
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Old 12-25-13, 01:39 PM   #28
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re: Red Lobster may be sold or spun off

RIP Red Lobster.. I remember going there when they were still around
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Old 12-25-13, 02:11 PM   #29
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re: Red Lobster may be sold or spun off

Waiting for the "Post when your Red Robin closes" topic in store forum.
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Old 12-25-13, 02:24 PM   #30
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re: Red Lobster may be sold or spun off

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Originally Posted by mndtrp View Post
I don't like Red Lobster, and I tolerate Olive Garden if forced to go there, but I agree with Slop. Stagnant growth doesn't mean losing money. What's wrong with something that provides a steady, relatively reliable source of income? Unless the powers that be are able to determine that this is a sign of future losses, I would think it a good idea to keep the places plugging along.
I'm sure it was the top executives who didn't want to continue making millions, and instead, wanted tens of millions...thereby calling the franchise "stagnant".

In any case, I'm sure China has an idea for farm-raised Lobster that these executives will attempt.
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Old 12-25-13, 02:36 PM   #31
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re: Red Lobster may be sold or spun off

Olive Garden and Red Lobster are pretty good. I wouldn't call them shitty places at all. Compared to Denny's and IHOP they are fine dining.

I guess most people here eat at Ruth Chris and Mortens.
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Old 12-25-13, 02:46 PM   #32
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re: Red Lobster may be sold or spun off

I would say they probably are good, but unfortunately we have a new standard in America:

"I Can't Get My Outrageous & Unrealistic Exec Salary! Waaaah! Waaaahhhh!" = Business Not Profitable
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Old 12-25-13, 02:57 PM   #33
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re: Red Lobster may be sold or spun off

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Originally Posted by nickdawgy View Post
Olive Garden and Red Lobster are pretty good. I wouldn't call them shitty places at all. Compared to Denny's and IHOP they are fine dining.
http://en.wikipedia.org/wiki/Damning_with_faint_praise

You don't have to dine at higher-end steakhouses (or even eat out at all) to know Olive Garden and Red Lobster are utter swill.
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Old 12-25-13, 03:08 PM   #34
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re: Red Lobster may be sold or spun off

We like Red Lobster fine. The kids enjoy it, I like the biscuits and they have nice employees. I know that DVD Talk's standards for food are ridiculously high, but for us regular schmoes it's fine. It would be a shame to see it go away.
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Old 12-25-13, 03:22 PM   #35
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re: Red Lobster may be sold or spun off

Red Lobster is ok.

Olive Garden is absolute vile.
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Old 12-25-13, 03:22 PM   #36
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re: Red Lobster may be sold or spun off

I once loved Red Lobster...in the '80s and early '90s. Since then the food quality has largely gone down the drain in taste. They used to have breaded hushpuppies and much better fried shrimp, but they did away with all that in a move to get "healthier." The food is largely inedible now, unless you get the handful of fresh fish offered on the menu.

The terrorists have won if Olive Garden remains in business. The worst national food chain in existence.
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Old 12-25-13, 03:27 PM   #37
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re: Red Lobster may be sold or spun off

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Originally Posted by dan30oly View Post
Red Lobster is ok.

Olive Garden is absolute vile.
What are you thoughts on Red Robin cause I hear they're going out of business too.
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Old 12-25-13, 04:43 PM   #38
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re: Red Lobster may be sold or spun off

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What are you thoughts on Red Robin cause I hear they're going out of business too.
They have a good mushroom burger and charge way too much for a pint of Stella.
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Old 12-25-13, 05:51 PM   #39
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re: Red Lobster may be sold or spun off

The only Lobster Robin in my city closed last year.
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Old 12-25-13, 05:56 PM   #40
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re: Red Lobster may be sold or spun off

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Originally Posted by PhantomStranger View Post
The terrorists have won if Olive Garden remains in business. The worst national food chain in existence.
Two words: Cheesecake Factory.
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Old 12-25-13, 05:58 PM   #41
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re: Red Lobster may be sold or spun off

Yeah, I don't get Olive Garden. The places always seem packed, but I'd rather eat a Fazoli's. Better food at half the price.

Red Lobster seems over-priced for what you get. Agree that it's barely above Long John Silver's. RL's seafood is really mediocre.

I do sort of like Longhorn Steakhouse, though.
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Old 12-25-13, 08:14 PM   #42
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re: Red Lobster may be sold or spun off

I used to enthusiastically mock Olive Garden too...until I actually ate there. I can honestly say I have never had a bad meal there. Though these days I usually just get endless soup and salad which is light, filling and even better- economical. Finish it off with a lemon mousse shot and that's a very satisfying ~$13 meal (with tip) for me.
My co-workers like Red Lobster more than I do, but all of us usually get the basic ceder plank Salmon and I can't recall ever having had that poorly prepared or cooked/served. Shells (a southwest Florida chain that has since downsized to only one or two locations) used to be "better"- but I have had a (slightly) disappointing meal there once or twice. RL may be (slightly) lower class/quality- but it's been much more consistent in my experience.

I've also enjoyed probably every meal at IHoP as well, as have my co-workers. We were all a little disappointed when we couldn't get over there for a farewell breakfast before everybody flew out this year.

The only meal I've had recently that I would call "vile" was a steak at Applebees . It was my fault because I should have known better. We went there for 1/2 price appetizers (which are OK), but I wanted something more substantial. It was close to inedible.
All the more ironic because just 3/4 miles down the 625 was a Texas Roadhouse that serves the best steak I've ever had in my life. We've eaten there every year for the last 6 and every single time it's been the best tasting steak I've ever had. Never tried a TR outside of Dallas, so I don't know how well they do outside the area.

I'm on the road for work about six months out of the year, and while most of my co-workers and I would prefer to get to know some good local places, chains tend to be more conveniently located and reliable.
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Old 12-25-13, 08:22 PM   #43
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re: Red Lobster may be sold or spun off

I tend to dislike most national chains RL and OG included. I've eaten there and it was OK, but chain restaurant food tends to be all the same cardboard.
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Old 12-25-13, 08:25 PM   #44
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re: Red Lobster may be sold or spun off

Quote:
Originally Posted by slop101 View Post
I'm glad I don't like the food in these restaurants. But still, this is bullshit because it's not like they're not making money, they're just not making more money.
Sounds like a business says they have a loss when what they really mean is their profit is less then before and they have made money. I know that may not be good for a publicly traded company yet there is a difference in less more vs a true loss. I don't see anything overly wrong with stability.
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Old 12-25-13, 08:30 PM   #45
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re: Red Lobster may be sold or spun off

Olive Garden's salads have been a winner for me, but their pasta dishes seem to be hit and miss in my area. I hardly ever eat there, so I always go for a salad to fill me up versus relying on a pasta dish.
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Old 12-25-13, 09:26 PM   #46
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re: Red Lobster may be sold or spun off

Quote:
Originally Posted by kd5 View Post
Maybe if they just lowered their prices a little, more people would eat there.
I've never had a problem with the quality like others, but pricing is what keeps me away.

Quote:
Originally Posted by Josh-da-man View Post
Yeah, I don't get Olive Garden. The places always seem packed, but I'd rather eat a Fazoli's. Better food at half the price.
Preach. Olive Garden is shit. However, I've hit Fazoli's a couple times in the last month. The flatbread melts are amazing. Plus they're one of the few places around here that has fountain Mr Pibb.
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Old 12-25-13, 09:51 PM   #47
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re: Red Lobster may be sold or spun off

Olive Garden is my least-favorite chain sit down restaurant. It's terrible. Fazoli's is definitely better, but they don't have any around here. I had been to one in Phoenix, but they all closed the last time I was there. I don't know if they even have any on the West Coast anymore.

Red Lobster I've only been to 3 times. It was always too expensive for a family dining out when I was growing up.
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Old 12-25-13, 10:01 PM   #48
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re: Red Lobster may be sold or spun off

Quote:
Originally Posted by Why So Blu? View Post
I've never been to a Red Lobster in my life.
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Old 12-25-13, 11:04 PM   #49
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re: Red Lobster may be sold or spun off

And I got Red Lobster gift cards for xmas, awesome.
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Old 12-26-13, 12:04 AM   #50
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re: Red Lobster may be sold or spun off

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Originally Posted by nickdawgy View Post

I guess most people here eat at Ruth Chris and Mortens.
In SoCal there's just an abundance of good seafood places, Red Lobster would be the last place I'd go if I was spending money on it.

I couldn't imagine it doing really well on the east coast either or the Pacific Northwest especially with all the food trucks avail with fresh seafood and much cheaper. BTW, if you are from the East Coast I highly recommend Red Hook Lobster http://www.redhooklobsterpound.com/
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