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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 👁 76M

TheSilenceofthesoul

Jan Garbarek - Red Wind

⏲ 3 minutes 46 seconds 👁 15.5K

jhem28

dancing jan red

⏲ 2 minutes 10 seconds 👁 45

A look at Liverpool’s next manager in charge as the emergence of Arne Slot as the front runner to take charge at Anfield took the footballing world by surprise. The aims for the new boss are set to ensure more success at the club but the job will not be easy.

Liverpool have reached ‘Europe’s elite’ in Jurgen Klopp era: How difficult is it to replace him?

⏲ 3:0 👁 17.1M

Jan Blomqvist

Fundraiser: Jan Blomqvist live at Pink Lake, Ukraine – 2021

⏲ 1 hour 10 minutes 16 seconds 👁 1.2M

Werner Kaiser

Jan Garbarek Red Wind

⏲ 3 minutes 54 seconds 👁 1.3K

कान्स फिल्म फेस्टिवल 2024 की शुरुआत हो चुकी है. हर बार तरह इस बार भी बॉलीवुड एक्ट्रेस और बच्चन परिवार की बहू ऐश्वर्या राय रेड कार्पेट पर जलवा बिखेरने के लिए तैयार हैं. बुधवार देर रात को ऐश्वर्या राय अपने लाडली आराध्या बच्चन के साथ कान्स के लिए रवाना हुईं. एयरपोर्ट पर पैपराजी ने उन्हें स्पॉट किया, लेकिन उन्हें जिस हाल में देखा उसने फैंस की चिंता को बढ़ा दिया. ऐश्वर्या राय इस कान्स फिल्म फेस्टिवल हर बार की तरह हिस्सा लेने वाली हैं. ऐश्वर्या हाथ में प्लाटर लगाए एयरपोर्ट पर बेटी आराध्या के साथ स्पॉट हुईं. ऐश्वर्या को इस हाल में देख फैंस परेशान हो गए. अब हर कोई ये जानने के लिए बेकरार है कि आखिर एक्ट्रेस के हाथ में ये चोट लगी कैसे… <br/> <br/>Cannes Film Festival 2024 has started. Like every time, this time too Bollywood actress and daughter-in-law of Bachchan family, Aishwarya Rai is ready to dazzle on the red carpet. Late on Wednesday night, Aishwarya Rai left for Cannes with her darling Aaradhya Bachchan. The paparazzi spotted him at the airport, but the condition in which he was seen increased the concern of the fans. Aishwarya Rai is going to participate in this Cannes Film Festival like every time. Aishwarya was spotted with daughter Aaradhya at the airport with a platter in her hand. Fans got upset seeing Aishwarya in this condition. Now everyone is eager to know how the actress got this injury on her hand… <br/> <br/>#aishwaryaraifracturehand #aishwaryaraibrokenhand #aishwaryaraicannes2024 #cannesaishwaryaredcarpet2024 #aishwaryanewstoday #bollywoodnews #entertainmentnews <br/>~HT.99~PR.111~ED.120~

Cannes 2024: Aishwarya Rai Bachchan Broken Hand के साथ Airport Spot Video, Public Reaction | Boldsky

⏲ 3:10 👁 8.6M

jhem28

⏲ 1 minute 41 seconds 👁 43

JAAP van Alphen

Anonce video of the super Jan Bullens Red Bullens pigeons=super marathon.

⏲ 1 minute 26 seconds 👁 3.1K

As the curtain is closing on Jimmy Anderson’s marvellous international cricket career, following the announcement, lets take a look at what the bowler went on to achieve for his country and what legacy he leaves behind as he’s ready to say goodbye.

England cricket great Jimmy Anderson set to call time on illustrious career this summer

⏲ 1:0 👁 13.7M

Jan Johansson Acoustic Music

Jan Johansson Presents - Bill Monroe & Red Rector

⏲ 3 minutes 22 seconds 👁 3.7K

Jan Cartoon TV

JAN Cartoon New Episode 2020 Right Shoes , Left Shoes Kids SEE TV

⏲ 9 minutes 2 seconds 👁 5.6K

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