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Red Lobster Announces, Nearly 100 Locations , Will Be Shut Down.<br/>NBC reports that approximately 99 Red Lobster locations <br/>will be auctioned off as the seafood chain faces <br/>questions regarding the company's long-term future.<br/>Founder and CEO of the liquidation firm TAGeX Brands, <br/>Neal Sherman, said he would lead the closure of over <br/>50 locations in a May 13 LinkedIn post.<br/>Sherman said equipment from the <br/>locations will be auctioned off.<br/>Locations will reportedly be closed across <br/>the United States, including Denver, <br/>Indianapolis, California and New York.<br/>On May 14, Restaurant Business Magazine reported <br/>a total of 99 locations would close, representing <br/>about 15% of the company's 700 locations. .<br/>NBC reports that the largest seafood <br/>restaurant in the U.S. has struggled with debt, <br/>unfavorable leases and executive turnover.<br/>The chain's troubles also stem from ill-advised <br/>strategies like an all-you-can-eat-shrimp promotion <br/>in 2023 that resulted in a significant loss.<br/>Earlier in 2024, the chain's largest investor, <br/>Thai Union, announced that it would <br/>seek to exit its position. .<br/>The combination of Covid-19 pandemic, <br/>sustained industry headwinds, higher <br/>interest rates and rising material and <br/>labor costs have impacted Red Lobster, <br/>resulting in prolonged negative <br/>financial contributions to <br/>Thai Union and its shareholders, Thiraphong Chansiri, Thai Union Group’s CEO, via NBC.<br/>After detailed analysis, we have <br/>determined that Red Lobster’s <br/>ongoing financial requirements <br/>no longer align with our capital <br/>allocation priorities and <br/>therefore are pursuing an exit <br/>of our minority investment, Thiraphong Chansiri, Thai Union Group’s CEO, via NBC

Red Lobster Announces Nearly 100 Locations Will Be Shut Down

⏲ 1:31 👁 70.1M

Eva Bravo Play

Ева учит и собирается показать поведение детей

⏲ 11 minutes 35 seconds 👁 277.2M

Dash

I Built a SECRET UNDERWATER House to Hide From a MONSTER!

⏲ 46 minutes 31 seconds 👁 20.8K

The 35-year-old actress and former Eat Bulaga! host enjoys a quieter part of the limelight for now because her time and focus are on her family. In this episode of Usap Tayo, #PauleenLunaSotto shares her journey through motherhood, now as a mother of two. #usaptayo #SmartParentingxPauleenLunaSotto #Motherhood

Usap Tayo: #PauleenLunaSotto: A Day in the Life of a Mom of Two

⏲ 5:5 👁 114M

shfa2 - شفا

شفا أمتع القصص الغامضة !Top video about funny joke and Shfa

⏲ 23 minutes 46 seconds 👁 6.7M

BonBon ASMR

Saturday Morning Jazz - Smooth Jazz Music & Relaxing Serenade Bossa Nova instrumental for Good Mood

⏲ 1 hour 8 minutes 14 seconds 👁 4.9K

[ Super Hot Drama ] Baby Just Say Yes;spoiled by my billionaire husband,billionaire romance,#billionaire,shop like a billionaire,beauty and the billionaire full movie,#action movie,#action movie 2023,#action movie full,#action movie new,#action movies,#movie free,#movie full,#movie on netflix,#movie you,#movies 2023,#movies full,#drama,#hot,#trending,#film hot,#film,#drama film,#drama korean,#drama china,#drama turkey,#movie,#movie hot,#dailymotion,#movie 2023,#2023,#movie 2024,#2024,#Ahsoka TV series,#YouTube,#us,#uk,#songs,#skidibi toilet,#sml,##spider-man,#sam and colby,#sleeping music for deep sleeping,#sidemen,#snl,#sssniperwofl,#salish matter,#spy ninjas,#movies,#videos,#lofilm,#lofilm eng sub,#lofilm movie,#love at first sight,#skibidi toilet,#spider-man,#sssniperwolf,#ssundee,#LOVE AT THE FIRST SIGHT #drama,#chinese drama,#cdrama,#drama short film,#short film,#mym short films,#short films,#uk short films,#crime drama short film,#short film drama,#gang short film uk,#short of the week,#uk short film,#london short film,#gang short film,#amani short film,#drama short film gang,#shorts,#short movie,#love At First Sight,#Married At First Sight

[ Super Hot Drama ] Baby, Just Say Yes

⏲ 1:38:52 👁 79M

AlArabiya العربية

تفاصيل جديدة ومثيرة حول العثور على شاب اختفى 30 عاما في حفرة بمنزل جاره

⏲ 3 minutes 20 seconds 👁 15.9K

Draw Dolls

Easy hand drawing step by step - how to draw a May

⏲ 1 minute 38 seconds 👁 67.3M

We visited Curo Restaurant in La Union to taste some of the food they offer. Located in Curbside Villa, Urbiztondo, this restaurant brings luxury to the local food scene.<br/><br/>Some of what we were able to try are the BBQ chicken salad, a perfect blend of smoky flavors and fresh ingredients. Spam chips, which offer a delightful crunch with every bite, and their special croquettes, lovingly named, Curbside Curo-quettes.<br/><br/>But we can never forget the USDA Angus Ribeye, which was easily the star of the show.<br/><br/>Join us and discover why our restaurant is a must-visit destination in Urbiztondo, La Union.

Luxury Dining Near The Beach: Curo Restaurant Taste Test | Flavor Profiles

⏲ 3:55 👁 254.5M

Vlad et Nikita

Vlad et Maman s'amusent à l’espace de jeux pour enfants

⏲ 5 minutes 1 second 👁 16.4M

ChuChu TV Nursery Rhymes u0026 Kids Songs

Phonics Song with TWO Words - A For Apple - ABC Alphabet Songs with Sounds for Children

⏲ 4 minutes 6 seconds 👁 2.9B

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