One of the major blunders made by Red Lobster was its $20 endless shrimp promotion ... grilled mahi, and parmesan-crusted chicken. Still, some items will be removed, causing a 20% reduction ...

Once a seafood powerhouse in America, Red Lobster is bankrupt and shutting down dozens of restaurants. Is Wall Street to blame? More from Explainers Once a seafood powerhouse in America ...

Some have said it is the result of the wide-scale promotions Red Lobster runs, such as their Endless Shrimp (which alone was responsible for around $20 million in losses for the company).

Red Lobster CEO Damola Adamolekun took over last September, shortly after the chain closed many locations​ and filed for bankruptcy​.

Red Lobster is offering veterans, active-duty military and reservists free Veteran’s Shrimp & Chip – featuring six Walt's Favorite Shrimp, served with cocktail sauce and ketchup, as well as ...