# TGI Fridays files for bankruptcy **URL:** \ **Category:** Cafe Society\ **Created:** [November 2, 2024, 8:20pm UTC](https://boards.straightdope.com/t/tgi-fridays-files-for-bankruptcy/1009593 "2024-11-02T20:20:02Z")\ **Posts on this page:** 1\ **Showing post:** 10
**Author:** ![Cervaise](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/cervaise/32/16693_2.png) [@Cervaise](https://boards.straightdope.com/u/Cervaise)\ **Post date:** [November 2, 2024, 9:37pm UTC](https://boards.straightdope.com/t/tgi-fridays-files-for-bankruptcy/1009593/10 "2024-11-02T21:37:38Z")
> [@kenobi\_65](#): > > And they, too, are struggling; Red Lobster filed for Chapter 11 back in May, after seeing declining sales for years, as well as an ill-fated All You Can Eat Shrimp promotion that was a massive money-loser. Red Lobster didn’t fail due to AYCE shrimp, they were murdered by vampire capitalists. Scroll down a bit. > [@Red Lobster?](https://boards.straightdope.com/t/red-lobster/1001821): > > Many famous chefs have sheepishly admitted they loved eating at Red Lobster. So do I. The biscuits are delicious, and even if the seafood is sometimes frozen or basic, the fact remains it is delicious. It’s not like any other restaurant charges bargain prices for lobster tails. But after Covid, prices went up a lot. They had big losses after an all you can eat crab special years back. You think of all people, they would know how much crab people can eat. The story is that they are facing … --- _[View the full topic](https://boards.straightdope.com/t/tgi-fridays-files-for-bankruptcy/1009593)._