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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 👁 111.6M

SearchALLPropertiesChannel

203 DONELSON LOOP, STAFFORD, VA Presented by Joyce Kerns.

⏲ 1 minute 51 seconds 👁 2

Celebrity WotNot

Jennifer Lopez Tells Off Photographer For Telling Her How To Pose

⏲ 26 seconds 👁 2.2M

The Roast of Tom Brady (also billed as The Greatest Roast of All Time: Tom Brady) is a celebrity roast special that aired on the streaming service platform Netflix.[1] Former American football quarterback Tom Brady of the New England Patriots and the Tampa Bay Buccaneers served as the night's roastee with many celebrities in attendance, in addition to comedians, former teammates and former Patriots Head Coach Bill Belichick. The show was hosted by Kevin Hart and \

The Roast of Tom Brady (2024)

⏲ 3:4:13 👁 55.9M

msv4040

House Prophet Joyce Kerns Hibbert \"A RIGHT ON TIME WORD\"

⏲ 18 minutes 31 seconds 👁 71

Facts Verse

The Controversial Scene that took 'The Beverly Hillbillies' off the Air

⏲ 8 minutes 49 seconds 👁 2.7M

The cast of 'Bridgerton' test who knows one another best in this episode of Vanity Fair Game Show. They filmed together, but how much do they actually know about each other? Which castmate would Nicola call to bail her out of jail? What part did Luke N. originally audition for in 'Bridgerton'? How long did Claudia live on a canal boat? What has Luke T. stolen from set?Bridgerton Season 3 Part 1 releases globally on Netflix on May 16, 2024 and Part 2 releases globally on Netflix on June 13, 2024. https://www.netflix.com/bridgertonDirector: Jameer PondDirector of Photography: Jack BelisleEditor: Richard TrammellTalent: Nicola Coughlan, Luke Newton, Luke Thomspon, Claudia JessieProducer: Madison CoffeyAssociate Producer: Amy HaskourProduction Manager: Andressa Palachi, James PipitoneProduction Coordinator: Elizabeth HymesTalent Booker: Meredith JudkinsCamera Operator: Christopher EustacheGaffer: David DjacoGrip: Mar AlfonsoAudio Engineer: Lily Van LeuwenProduction Assistant: Griffin Garnett, Lyla NeelyPost Production Supervisor: Christian OlguinPost Production Coordinator: Scout AlterSupervising Editor: Doug LarsenAssistant Editor: Billy Ward

'Bridgerton' Cast Test How Well They Know Each Other

⏲ 13:16 👁 34M

The Late Show with Stephen Colbert

Doris Kearns Goodwin Explains Trump's Credibility Gap

⏲ 6 minutes 7 seconds 👁 190.1K

NEIL SEAN'S DAILY NEWS HEADLINES

WHAT HAPPENED AFTER THIS PICTURE WAS TAKEN .. LATEST #royal #meghanandharry #meghanmarkle

⏲ 4 minutes 22 seconds 👁 48.1K

Meadow Bay Village has revealed its short term plans for Billing Aquadrome and has promised 'serious investment' in the long term.

Billing Aquadrome rejuvenation works underway

⏲ 2:36 👁 13M

The Movie Database

When the Vows Break aka Courting Justice 1995

⏲ 1 hour 26 minutes 34 seconds 👁 384.6K

Dreamy Sleep Melodies

Fall Asleep in Under 5 MINUTES • Cures for Anxiety Disorders, Depression • Stop Thinking Too Much

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