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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")
_live-sexy-stage-dance-2017.webp "Saroj Day")
Live Sexy Stage Dance 2017 -- नई जवान छोरी ने किया पबà¥à¤²à¤¿à¤
⏲ 4 minutes 4 seconds 👁 2.6K
_reema-lagoo.webp "Chung Minh")
⏲ 51 seconds 👁 6
_.webp "천년고찰 Ãâ„¢â€Ã¬â€”„사, 마주Õœ ì„ÂÑ 솠여ìžÂ와 ì„Â등 솠남잠n무릎 꿇고올린 Õœ ìžâ€Ã¬ÂËœ ì°¨(茶)ì— ëâ€")
_.webp "Rajan suker")
⏲ 5 minutes 47 seconds 👁 30
_.webp "sanusunil98")
_usap-tayo-pauleenlunasotto-a-day-in-the-life-of-a-mom-of-two.webp "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")
_video-ndtv-c.webp "tollywood vs bollywood")
⏲ 5 minutes 13 seconds 👁 4.3K
_videors-com-jbldj.webp "DESI COMEDY")
⏲ 53 seconds 👁 261
_slovak-prime-minister-fico-shot-and-taken-to-hospital-after-government-meeting.webp "Slovakia's populist PM Robert Fico has been injured in a shooting and admitted to hospital, according to media reports.")
_.webp "Chu Soc")
⏲ 2 minutes 50 seconds 👁 776
_.webp "Joy Halder")
⏲ 31 seconds 👁 18.5K
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