🔢 World's Fastest Man | CityClips #215

City & State

1️⃣ Austin, TX

2️⃣ Miami, FL

3️⃣ Nashville, TN

4️⃣ Dallas, TX

5️⃣ Atlanta, GA

6️⃣ Phoenix, AZ

7️⃣ Jacksonville, FL

8️⃣ Raleigh, NC

9️⃣ Houston, TX

🔟 Tampa, FL

Startups (%)

5.0%

4.6%

4.3%

4.4%

4.3%

4.2%

4.0%

4.1%

3.7%

3.7%

GDP Growth (%)

14.3%

12.1%

13.0%

13.5%

9.6%

11.4%

13.1%

9.7%

14.2%

11.9%

FOOD

LOBSTER LESSONS

Image Source: Restaurant Business + Illustration via Nico Heins

How Red Lobster’s phenomenal rise turned into a sinking ship. 🦞 In 2014 and 2019, Red Lobster's annual sales were approximately $2.5 billion. This is the highest ever sales for a seafood chain but not until 2020. | Restaurant Business

• Red Lobster, founded by Bill Darden in Lakeland, Florida, in 1968, began as a single-family-owned restaurant. In the 1970s, Red Lobster was acquired by General Mills, a US-based food company and they became an independent company in 2014 with a total of 670 locations as of 2021.

• The Red Lobster breakthrough started in 1974 when they introduced popcorn shrimp.🍿🍤Lobsterfest launched in ‘84 and their famous Cheddar Bay Biscuits was added in ‘92. One of the blockbuster breakthroughs was an all-you-can-eat snow crab for $22.99 in summer 2003. 🦀

• However, this “breakthrough” became one of the biggest “marketing blunders,”  causing the downfall of the full-service seafood chain. It led to a $3.3 million loss and significant stock losses for Darden Restaurants and the ousting of CEO Edna Morris. A revolving door of CEOs ensued while frustrations grew for minority-owner Thai Union Group.

• They tried to recover by introducing a new deal in June 2023: All you can eat Shrimp for $20. Unfortunately, This "Ultimate Endless Shrimp” incurred more than $11 million loss, leading them to bankruptcy. 📉 A new owner, RL Purchaser LLC, came to acquire what was left of the seafood chain. | Learn more

SPORTS

FROM FL TO PARIS

Image Credit: Olympics via X

Noah Lyles wins Olympics Men’s 100m Gold in Photo Finish: Kishane Thompson Takes Silver ahead of Fred Kerley. 🥇 On a night of spectacle and drama in the Stade de France, the American produced the race of his life to win the Paris 2024 men’s 100m title in the closest of photo finishes.🗼 | Olympics

• It’s official: Noah Lyles, born in Gainesville, Florida, USA, is the fastest man in the world.⚡🌍

• The reigning world champion dipped at the line in 9.784 to pip Jamaica’s Kishane Thompson (9.789) to the gold medal by just five-thousandths of a second, as the USA’s Fred Kerley claimed bronze in 9.81.

• That title belonged to Thompson, whose time of 9.77 seconds at the Jamaican trials was 0.04 faster than Lyles had ever run. 😮‍💨🥵 But Lyles showed supreme speed and the pure determination of a champion to claim a spectacular victory.

FEATURED PARTNER

Image Credit: NAT20

NAT20 | Join the Group

NAT20 has a private group on LinkedIn, you can go check it out:

• Only members can see posts in this group.

• It is FREE to join, all you have to do is sign-up for their emails and attend socials when you can.

• Socials have included trips to the Challenger Center, on-site tours of tech companies, visits to the National Mag Lab and local breweries.

• Networking for social introverts. We got you!

Industry: IT Services and IT Consulting, Software Development, and Financial Services.

We joyfully announced the weekly winners during our live sessions, sparking an electrifying atmosphere for everyone involved! This is the perfect opportunity to catch up on our latest live event, where we explored the insights from Morning Brew founders Alex Lieberman and Austin Rief.

We’d be thrilled to have you join us again next Wednesday for an engaging live session on LinkedIn, Facebook, or YouTube, brought to you by JH Creative channels!

We would love to hear from you! - Julia & Ali (editors@cityclips.net)