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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")
_saiyaan-ji-yo-yo-honey-singh-neha-kakkar124nushrratt-bharuccha124-lil-g-hommie-d124-mihir-g124bhushan-k.webp "T-Series")
⏲ 3 minutes 40 seconds 👁 292M
_one-bottle-down-124-honey-singh-124-3d-bass-boosted-punjabi-songs-124-3d-audio-124-3d-punjabi-songs-124-2019.webp "3D Music Punjabi")
⏲ 3 minutes 26 seconds 👁 1.1M
_birthday-greetings-bottle-of-wine-we39ve-been-to-celebrate-the-beatles-storys-34th-anniversary.webp "Will you still need me, will you still feed me, when I’m 34?")
⏲ 2:0 👁 6.9M
_one-bottle-down-extreme-boosted-bass.webp "Extreme Boosted")
_alcoholic-full-video-hd-124-the-shaukeens-124-yo-yo-honey-singh-124-akshay-kumar-amp-lisa-haydon.webp "Zee Music Company")
⏲ 4 minutes 10 seconds 👁 1.6M
_london-is-going-down-it-never-used-to-be-like-this-what-makes-the-capital-so-expensive.webp "We speak to the people of London about why London is so expensive, from pints to properties.")
⏲ 2:0 👁 6.5M
_achko-machko-yo-yo-honey-singh-brand-new-song-2016.webp "Mafia Mundeer Records")
_vigdiyan-heeran-full-video-124-honey-3-0-124-yo-yo-honey-singh-amp-urvashi-rautela-124-zee-music-originals.webp "Zee Music Company")
Vigdiyan Heeran - Full Video | Honey 3.0 | Yo Yo Honey Singh & Urvashi Rautela | Zee Music Originals
⏲ 4 minutes 👁 20.5M
_keith-stewart-breaks-down-scottie-scheffler39s-arrest-early-friday.webp "Keith Stewart Breaks Down Scottie Scheffler's Arrest Early Friday from am one bottle down by yo honey singh mp3")
_39one-bottle-down39-full-song-audio-124-yo-yo-honey-singh-124-t-series.webp "T-Series")
_one-bottle-downslowedreverb-124-yo-yo-honey-singh.webp "SΛM ѕтυ∂ισѕ")
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