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Zachary Donaldson
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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")
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_giro-d39italia-2024-124-first-week-best-of.webp "♀️ The Best moments and emotions from Giro d'Italia 2024 first week! <br/><br/>Immerse yourself in race with our Playlist:<br/>✅ Strade Bianche Crédit Agricole 2024<br/>✅ Tirreno Adriatico Crédit Agricole 2024<br/>✅ Milano-Torino presented by Crédit Agricole 2024<br/>✅ Milano-Sanremo presented by Crédit Agricole 2024<br/>✅ Il Giro d’Abruzzo Crédit Agricole<br/>✅ Giro d’Italia<br/>✅ Giro Next Gen 2024<br/>✅ Giro d'Italia Women<br/>✅ GranPiemonte presented by Crédit Agricole 2024<br/>✅ Il Lombardia presented by Crédit Agricole 2024<br/><br/>Follow our channels to stay updated onGiro d’Italia 2024and interact with other cycling enthusiasts:<br/><br/> Facebook: https://www.facebook.com/giroditalia<br/> Twitter: https://twitter.com/giroditalia<br/> Instagram: https://www.instagram.com/giroditalia/<br/><br/>Enjoy the magic of the major cycling <br/>https://www.giroditalia.it/en/<br/><br/>To license video content click here: https://imgvideoarchive.com/client/rcs_italian_cycling_archive")
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_giro-e-2024-124-stage-9-best-of.webp "♀️ Don't miss the excitement of Giro-E Enel 2024: stage 9!<br/><br/>Immerse yourself in race with our Playlist:<br/>✅ Strade Bianche Crédit Agricole 2024<br/>✅ Tirreno Adriatico Crédit Agricole 2024<br/>✅ Milano-Torino presented by Crédit Agricole 2024<br/>✅ Milano-Sanremo presented by Crédit Agricole 2024<br/>✅ Il Giro d’Abruzzo Crédit Agricole<br/>✅ Giro d’Italia<br/>✅ Giro Next Gen 2024<br/>✅ Giro d'Italia Women<br/>✅ GranPiemonte presented by Crédit Agricole 2024<br/>✅ Il Lombardia presented by Crédit Agricole 2024<br/><br/>Follow our channels to stay updated onGiro d’Italia 2024and interact with other cycling enthusiasts:<br/><br/> Facebook: https://www.facebook.com/giroditalia<br/> Twitter: https://twitter.com/giroditalia<br/> Instagram: https://www.instagram.com/giroditalia/<br/><br/>Enjoy the magic of the major cycling <br/>https://www.giroditalia.it/en/<br/><br/>To license video content click here: https://imgvideoarchive.com/client/rcs_italian_cycling_archive")
_turning-red-credits-disney-plus-version.webp "Ethan Thomas")
_turning-red-ending-scene-1080p.webp "CJ Rebirth")
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