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Fred Mobster (lemmy.world)

submitted 7 months ago by homesweethomeMrL to c/[email protected]

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[–] az04 46 points 7 months ago (1 children)

Actually, a Thai seafood producer bought Red Lobster and made it sell products like shrimp at a loss so it could move more product, allegedly. Patrick Boyle does a good dive into it: https://youtu.be/BEDFNcsC0JI

[–] OneOrTheOtherDontAskMe 22 points 7 months ago (2 children)

Both are true. The land sale did great short term benefit, terrible 5 year turnout as the fun dries up and they can't afford rent at a lot of locations as easily. Then the seafood producer put the squeeze on em.

[–] [email protected] 2 points 7 months ago

I hate it when the fun dries up, but at least it lasted 5 years.