8 Reasons Red Lobster's Seafood Is So Cheap

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[{"selector":"#anim-d946e9a3-c09c-4a63-9793-3fd77119b474","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-26cd89d6-5abd-46c5-a471-7f1451adc120","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b35090d4-900d-44b2-b7c7-ef1eaca681c3","keyframes":{"opacity":[0,1]},"delay":600,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ed105dee-ce37-4b27-9f08-b1772d6a0342","keyframes":{"transform":["translate3d(-104.59459%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Why is Red Lobster one of the cheapest franchise restaurants although lobster is expensive? Shouldn't a lobster restaurant, which serves many lobsters, have high prices? Learn More Arrow

[{"selector":"#anim-9458ec13-cb5c-42da-9848-8b3c2525a5e6","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f53479b9-bc80-41ad-9d13-ac9b7d79f60d","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-de8eaf2e-414c-4788-8f2e-e46c7542e20a","keyframes":{"opacity":[0,1]},"delay":600,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cd58e90b-38d6-45ed-861d-002013270cbc","keyframes":{"transform":["translate3d(-104.59459%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Red Lobster can keep its pricing low because it sources so much seafood at once, according to Mashed. By arranging bulk seafood orders for 700+ Learn More Arrow

[{"selector":"#anim-a803526a-c9fa-4430-ac97-b73afe7a2e4c","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7e2dff79-c63b-483b-acf6-90efdc61e9c2","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e3c06103-381f-41e3-95f8-81ea90ecf82c","keyframes":{"opacity":[0,1]},"delay":600,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-82d8c392-26a8-4167-a068-c02247d76363","keyframes":{"transform":["translate3d(-104.59459%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] A former Red Lobster cook said the restaurant relies on premade cuisine and cooks as few items from scratch as possible. Learn More Arrow

[{"selector":"#anim-0dcb7912-f522-49a2-8f5c-888c17c29b6b","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4bc02fd3-75eb-408a-b5e4-58445a9136f7","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6e6e3380-8479-494b-bdce-02d6fbfd6405","keyframes":{"opacity":[0,1]},"delay":600,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c26a2e95-f2d5-4e6f-b7b8-92be902f9a47","keyframes":{"transform":["translate3d(-104.59459%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Red Lobster admits to using mostly frozen seafood. The chain's extensive FAQ states "To guarantee quality and freshness, some seafood is frozen on fishing boats Learn More Arrow

[{"selector":"#anim-7fc443c5-8057-4d69-b536-b2f4a6a79566","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-91474482-9053-48db-81f9-1271d38f7805","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0e7aa245-da70-47d6-8585-9fda517c9d48","keyframes":{"opacity":[0,1]},"delay":600,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2ad01ea1-1d9d-45a4-870d-e91cf449a6dc","keyframes":{"transform":["translate3d(-104.59459%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Sounds like a no-lose deal, right? Unlimited shrimp for one entrée! However, Red Lobster gets its shrimp so cheaply and from so many Learn More Arrow

[{"selector":"#anim-f45e424d-9203-4ff0-aacc-45eb2b477344","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4e31ea9b-96c6-4ba1-9387-506a62378d57","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cc8352ad-27ac-4ead-a538-44f558d9e72d","keyframes":{"opacity":[0,1]},"delay":600,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6330916a-2d22-4a09-8bf6-cc00dd9c34cb","keyframes":{"transform":["translate3d(-104.59459%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] countries that diners rarely eat enough to cut into its profit margins. Endless Shrimp attracts customers to order high-margin meals like drinks. Learn More Arrow

[{"selector":"#anim-d9baf055-6e9b-4222-aff6-24e779e0781d","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-100e7339-0dbc-4d47-864e-f4467761db3c","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2e6ba35a-6c46-4bda-b0cf-bfba2d083a3c","keyframes":{"opacity":[0,1]},"delay":600,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-062d279a-53f1-464a-9524-f72a7c5e9db2","keyframes":{"transform":["translate3d(-104.59459%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Red Lobster has adjusted well to the pandemic-induced changes in eating habits. On the chain's FAQ: "All Red Lobster locations offer To Go, Learn More Arrow

[{"selector":"#anim-fb95d5d9-f0af-4641-afa3-387e45f19ed4","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b0235000-3c99-4213-bea7-7a7c88ea5f2f","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-52209f5c-92fd-4ae3-b39b-0b894994c01b","keyframes":{"opacity":[0,1]},"delay":600,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f33b7ff3-556a-4ffa-a9e1-eed5743be0b8","keyframes":{"transform":["translate3d(-104.59459%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] which depending on location includes pickup, curbside pickup, delivery, and catering." This business approach has helped the chain increase earnings Learn More Arrow

[{"selector":"#anim-30e1e9a8-003f-4ecb-878f-7b3fb8189e2c","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bc7578b8-9350-4dda-9b93-daffda39bc9f","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-41787a6d-8647-4f54-b4ac-26117073359a","keyframes":{"opacity":[0,1]},"delay":600,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9f353da9-708b-4f24-a535-2ac6e4872d10","keyframes":{"transform":["translate3d(-104.59459%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Golden Gate Capital, a huge U.S. private equity firm, owns Red Lobster, but the Thai Union Group, a Thai conglomerate, holds a minority position after a $575 million Learn More Arrow

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