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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 👁 90.7M
Dads.Law: Protecting Rights for Oklahoma Dads
How to Deal with a Negative GAL Report
⏲ 6 minutes 11 seconds 👁 660
officialkranium
Kranium - Gal Policy (Soul Survivor Riddim)[Official Lyric Video]
⏲ 2 minutes 17 seconds 👁 29M
Police admit failings in tragic case of Leah Croucher from Milton Keynes<br/><br/>Milton Keynes prison officer who was a hero in the London Bridge terrorist attack encourages others to join the service<br/><br/>Depressing park on Milton Keynes estate is given while new lease of life in community project<br/><br/>Almost 75% of adults in Milton Keynes do not eat their five a day fruit and veg, research proves<br/><br/>\
Milton Keynes Citizen Morning Update 16 May, 2024
⏲ 2:44 👁 7.9M
FathersRightsu0026Resources
GAL's (Guardian ad Litems):How I made mine look stupid -- why won't you attack yours?
⏲ 14 minutes 53 seconds 👁 2.9K
Two Alpha Gals
Common Questions with Dr. Commins: Alpha-Gal Testing- False Negatives & False Positives
⏲ 2 minutes 16 seconds 👁 135
While Trader Joe’s has a diehard fan base, this registered dietitian isn’t quite sold. In this video, learn why Jess chooses not to shop at Trader Joe’s on a regular basis. Including everything from the difficult parking, crowded space, and even the lacking produce department, Jess explains her reasoning thoroughly. To learn more about Trader Joe’s and both the positives and negatives about getting your groceries there, watch the video.
Trader Joe’s has a Hater
⏲ 1:4 👁 38.6M
Naveed S. Husain, Esq.
Guardian Ad Litem (GAL)
⏲ 3 minutes 44 seconds 👁 457
O'Connor Family Law
Positively Family Law - G.A.L. (Guardian Ad Litem)
⏲ 37 minutes 22 seconds 👁 150
CGTN Europe interviewed Professor Jeffrey Sachs, a renowned American economist and public policy analyst.
US raises tariffs on Chinese EVs: \
⏲ 3:53 👁 18.2M
Viral Vision
\"Just Shut Up\" Gal Gadot LOSES IT On Rachel Zegler For Ruining Snow White Reboot
⏲ 9 minutes 17 seconds 👁 105.6K
Two Alpha Gals
Mental Health and Alpha-Gal Syndrome with Dr. Paige Freeman: Navigating Negative Feelings
⏲ 3 minutes 25 seconds 👁 175
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