![]() You can always just grab another biscuit, though. Though, unless you're actually making lobster, you might be disappointed when the entrée never arrives. If you've got a cloth napkin and a basket, you can close your eyes and pretend you're at Red Lobster waiting for your entrée to hit the table. You can grab a box of frozen biscuits, pop 'em in the oven, brush them with melted butter and the garlic herb seasoning in the box, and you're eating warm biscuits before you know it. The ready-to-bake biscuits will be available exclusively at Walmart starting on October 24. Red Lobster is now selling Cheddar Bay Biscuits in the freezer aisle of the grocery store. As of October 24, you can get that ease outside of the restaurant as well. To others, they might be the best thing on the menu.Īt Red Lobster, there's an ease to grabbing a biscuit that you can't replicate with the biscuit mix that Red Lobster has available outside its restaurants. ![]() To some, they're just warm, garlicky biscuits. There is also still no update on who will lead Red Lobster as CEO after restaurant industry veteran Kelli Valade resigned last April after taking the job the prior August.Red Lobster's Cheddar Bay Biscuits have a bit of a cult following. 24 Thai Union document informing the Stock Exchange of Thailand of the help for Red Lobster. The aid was not expected to be more than $65 million, or about 25% of the outstanding credit balance, according to an Aug. The new options come after Red Lobster’s major shareholder, seafood supplier Thai Union, revealed last year it was providing “financial assistance” by guaranteeing part of Red Lobster Master Holdings’ credit facility. “Shrimp is only a portion of a meal when you go into Red Lobster,” Gordon said. Ive made them about twice a month for almost a year now since I discovered them at Walmart. Gordon said that as long as a company is not putting its flagship items in grocery store freezers, there is little risk of the move hurting its restaurant business. In January, eating out cost 8.2% more than it did a year earlier, and prices at the grocery store were up 11.3% for that 12-month period, according to the federal Consumer Price Index. Red Lobster’s move also comes as the cost of eating out and prices at grocery stores have spiked. “The only thing that lives on is the frozen food,” Gordon said. Stouffer’s website said the brand’s name was on 68 restaurants and 40 resorts and hotels at the beginning of the 1990s before those were sold in 1992 so the business could focus on what it does now. ![]() Gordon pointed out that Stouffer’s, a well-known seller of frozen entrees, used to be a restaurant chain. It can be profitable, but isn’t typically a significant enough part of earnings for publicly traded restaurants to break it out as part of their regular reports, Gordon said. “Brands that have not been in such good shape have done it.” “Brands that are in good shape have done it,” Gordon said. Grocery stores are full of restaurant-inspired products, such as White Castle’s sliders or TGI Friday’s loaded potato skins. ![]() “This is something actually that they could have done at an earlier point.” “Any revenues that they can produce through their supply chain are welcome for the restaurant brand,” said San Diego-based restaurant analyst John Gordon. ![]() The new frozen goods are hitting store shelves after a major shareholder provided the business financial help last year and after the company’s CEO resigned last April. ![]()
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