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_red-lobster-announces-nearly-100-locations-will-be-shut-down.webp "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")
_ssc-2024-124-ssc-result-dekhbo-kivabe-2024.webp "Always update")
_ssc-2024-124-ssc-2024-result-kobe-dibe.webp "Always update")
_ls-polls-2024-rahul-gandhi-faces-bjp-defector-in-rae-bareli-124-locals-share-their-opinions-124-voxpop.webp "May 20th is the scheduled date of the Fifth Phase of the Lok Sabha Elections. And one of the seats in this crucial contest where voting will take place is the Raebareli Constituency. The Congress, on May 3, announced Rahul as a candidate from Raebareli and loyalist KL Sharma from Amethi, keeping Priyanka as well as Vadra out of the electoral contest. <br/> <br/>Rahul Gandhi is a sitting MP in Kerala's Wayanad, where he is seeking a fresh term alongside Rae Bareli. Rahul represented Amethi from 2004 until 2019. He will face Congress defector and three-time MLC Dinesh Pratap Singh of BJP in Rae Bareli.<br/> <br/>With Rae Bareli going for election,Oneindia Team talks to the locals and gauge the political pulse.<br/> <br/> <br/> <br/>#LokSabhaElections #Raebareli #RaebareliElection #RahulGandhi #VoxPop #Lucknow #RajnathSingh #PMModi #BJPnews #BJP #Congress #INDIAAlliance #Politics #Oneindia #OneindiaNews <br/>~HT.178~PR.282~GR.124~")
⏲ 4:51 👁 25.9M
_ssc-124-ssc-exam-result-2019-all-result-2019.webp "TechWare")
⏲ 10 minutes 45 seconds 👁 1.6K
_ap-ssc-results-2019-live-124-ap-board-announce-class-10-results-live-124-ntv-live.webp "NTV Telugu")
⏲ 1 hour 4 minutes 6 seconds 👁 10.4K
_solar-storm-hits-earth-resulting-in-colorful-light-shows-across-northern-hemisphere.webp "An unusually strong solar storm hitting Earth produced stunning displays of color in the skies across the Northern Hemisphere early Saturday.")
_ssc-2024-124-ssc-result-kivabe-dekhbo-2024.webp "Always update")
⏲ 5 minutes 17 seconds 👁 261.6K
_ssc-result-124-ssc-result-song-124-bangla-new-song-2019-124-robinerry-124-official-video.webp "Robinerry")
⏲ 2 minutes 41 seconds 👁 2.8M
_federation-cup-2024-neeraj-chopra-gold-medal-kalinga-stadium-124-shorts.webp "Federation Cup 2024: Neeraj Chopra ने Kalinga Stadium में Javelin Throw finals Event में Gold Medal जीत लिया है। <br/> <br/>#neerajchopra #javelinthrowfinal #federationcup2024 #neerajchoprawinsgold #olympics2024 #shorts #ytshorts #parisolympics2024 #javelinthrow #goldmedal #neerajwinsgold #athletics #sai <br/> <br/><br/> <br/>Neeraj Chopra, Federation Cup, Federation Cup 2024, Neeraj Chopra wins Gold medal, Neeraj Chopra in Federation Cup 2024, Neeraj Chopra, Javelin Throw, Javelin Throw finals, Neeraj Chopra in Paris Olympics 2024, Paris Olympics 2024, Javelin Throw final results, Sai, AIF, Federation Cup 2024 Javelin throw results, नीरज चोपड़ा, नीरज चोपड़ा ने जीता गोल्ड मेडल, Oneindia Hindi, Oneindia Hindi News, वनइंडिया हिंदी, वनइंडिया हिंदी न्यूज़<br/>~HT.178~ED.300~ED.107~GR.124~")
⏲ 0:55 👁 14.5M
_live-election-result-2019-124-dillitak.webp "Dilli Tak")
⏲ 11 hours 55 minutes 4 seconds 👁 5.1M
_124-dbc-news.webp "DBC NEWS")
⏲ 2 minutes 15 seconds 👁 14.7K
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