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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 👁 75.9M
The AFC Hub
Myanmar vs Yemen: AFC U19 Championship 2014 (Group Stage)
⏲ 1 minute 32 seconds 👁 24.6K
The AFC Hub
UAE vs Myanmar: AFC U19 Championship 2014 (Quarter Final)
⏲ 1 minute 48 seconds 👁 81.3K
An unusually strong solar storm hitting Earth produced stunning displays of color in the skies across the Northern Hemisphere early Saturday.
Solar Storm Hits Earth, Resulting in Colorful Light Shows Across Northern Hemisphere
⏲ 1:23 👁 39.4M
The AFC Hub
Thailand vs Myanmar: AFC U19 Championship 2014 (Group Stage)
⏲ 2 minutes 9 seconds 👁 79.7K
Ryan Shine
Myanmar U19 3 - 0 Thailand U19 Full HD Highlights
⏲ 6 minutes 1 second 👁 9.1K
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~
Federation Cup 2024: Neeraj Chopra ने जीता Gold Medal, Kalinga Stadium में किया कमाल | #shorts
⏲ 0:55 👁 14.5M
Myanmar Football News Channel
ကမ္ဘာ့ဖလားဝင်ခဲ့တဲ့ပွဲလေး😍Myanmar U19 1 Vs 0 UAE
⏲ 5 minutes 42 seconds 👁 2.3K
The AFC Hub
Myanmar vs Qatar: AFC U19 Championship 2014 (Semi Final)
⏲ 1 minute 54 seconds 👁 53.9K
This is the shocking moment a fighter jet bounced off a runway before the pilot ejected and died.Squadron leader Asim Jawad, 32, appeared to be attempting Top Gun style three aileron rolls at low altitude when the fuselage of the Yakovlev Yak-130 scraped along the tarmac. CCTV shows smoke and sparks erupting from the Russian-made jet before Asim pulled up and appeared to be circling the runway in Chattogram, Bangladesh, on May 9.However, the footage shows a sudden explosion before Bangladesh Air Force pilot Asim and his co-pilot Wing Commander Sohan Hasan Khan both ejected.Local media reported that the two pilots both landed in the Karnaphuli River before being rescued by members of the air force, navy and local fishermen.Asim later died in hospital while Sohan remains in critical condition at the Banouja Isa Khan Hospital in Patenga. The aircraft was later recovered from the water.The government's Inter-Services Public Relations (ISPR) said in a statement that the training jet had 'crashed due to a mechanical failure'.They claimed the pilots manoeuvred the aircraft away from the densely populated area near the airport to the sparsely populated area where they crashed.However, CCTV footage of the incident appears to show the crash was caused by the high-risk stunt.A source said: 'The Bangladesh Air Force claimed the crashed YAK 130 fighter jet encountered mechanical failure, resulting in a catastrophic crash in the Patenga area of Chittagong. However, recently obtained CCTV footage from the runway area contradicts this claim by BAF, displaying a chilling sequence where the aircraft attempts to perform three consecutive aileron rolls at a perilously low altitude, nearly colliding with the runway in the process.'The footage reveals the jet scraping the runway at high speed, causing significant damage to the fuselage and igniting a fire. At the 19-second mark, a slowed-down analysis shows fragments of the aircraft detaching as it rebounds and gets airborne.'In the critical moments that followed, as captured in the video, the engine became engulfed in flames, emitting black smoke. The two pilots, demonstrating exceptional skill under pressure, managed to eject from the flaming jet. The ejection, a procedure known to exert enormous g-force on the body, often results in temporary loss of consciousness.'
Pilot dies after attempting high-risk ‘Top Gun’ stunt in fighter jet
⏲ 2:59 👁 29.2M
Olidenko
Myanmar qualified for the World Cup U-20 (Live from the Stadium)
⏲ 5 minutes 2 seconds 👁 20.3K
theafcdotcom
Thailand vs Myanmar : AFC U-19 Championship Myanmar 2014
⏲ 2 minutes 9 seconds 👁 2.3K
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