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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 👁 76.1M
ESC Europe
Junior Eurovision 2019 - Official Results
⏲ 3 minutes 28 seconds 👁 9.8K
Alan Torres
[RESULTS] YOUR JUNIOR EUROVISION 2019 | 1200 VOTES | +69000 POINTS | JESC 2019
⏲ 6 minutes 59 seconds 👁 10.4K
May 20th is the scheduled date of the Fifth Phase of the Lok Sabha Elections. And one of the seats in this crucial contest where voting will take place is the Raebareli Constituency. The Congress, on May 3, announced Rahul as a candidate from Raebareli and loyalist KL Sharma from Amethi, keeping Priyanka as well as Vadra out of the electoral contest. <br/> <br/>Rahul Gandhi is a sitting MP in Kerala's Wayanad, where he is seeking a fresh term alongside Rae Bareli. Rahul represented Amethi from 2004 until 2019. He will face Congress defector and three-time MLC Dinesh Pratap Singh of BJP in Rae Bareli.<br/> <br/>With Rae Bareli going for election,Oneindia Team talks to the locals and gauge the political pulse.<br/> <br/> <br/> <br/>#LokSabhaElections #Raebareli #RaebareliElection #RahulGandhi #VoxPop #Lucknow #RajnathSingh #PMModi #BJPnews #BJP #Congress #INDIAAlliance #Politics #Oneindia #OneindiaNews <br/>~HT.178~PR.282~GR.124~
LS Polls 2024: Rahul Gandhi Faces BJP Defector in Rae Bareli | Locals Share their Opinions | Voxpop
⏲ 4:51 👁 25.9M
Misja Eurowizja
Junior Eurovision 2019 | JURY RESULTS
⏲ 1 minute 52 seconds 👁 2.7K
Junior Eurovision Song Contest
#JESCWatchParty - Junior Eurovision 2019 (with comments from the 2020 stars)
⏲ 2 hours 27 minutes 55 seconds 👁 96.2K
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 👁 39.6M
Maxxy Rainbow ESC
Junior Eurovision 2019: Voting Results + Winner REACTION
⏲ 22 minutes 29 seconds 👁 31.2K
Alan Torres
OFFICIAL RESULTS | EUROVISION SONG CONTEST 2024 | ALL 37 COUNTRIES | ESC 2024
⏲ 8 minutes 30 seconds 👁 26K
On this week’s show, The YP’s Stuart Rayner and Leon Wobschall join host Mark Singleton to reflect on the latest few days of the Yorkshire football scene. <br/><br/>They start in the Championship and Huddersfield Town where, soon after Andrew Breitenreiter’s passing through the exit door following the Terriers’ relegation to League One, former Barnsley boss Michael Duff was heading in the other way to replace him. <br/><br/>They also consider the positives Sheffield United can take into the summer and the big job that lies ahead for boss Chris Wilder following an extremely tough Premier League campaign which – some time ago – resulted in their instant return to The Championship. <br/><br/>Ahead of Thursday night’s Championship play-off semi-final second leg at Elland Road between Leeds United and Norwich City, our panel look at the Whites’ chances of making it through to Wembley. <br/><br/>Lastly, we salute the remarkable run to the League Two play-offs made by Doncaster Rovers before their promotion hopes were dashed when losing their semi-final encounter against Crewe Alexandra on a penalty shoot-out.
Huddersfield Town and Michael Duff, the summer ahead for Sheffield United, Leeds United's play-off hoodoo and Doncaster Rovers see promotion dream ended - The YP FootballTalk Podcast
⏲ 48:4 👁 14.7M
ESC Giorgio
Eurovision 2024: Results with 2013-2015 System
⏲ 3 minutes 25 seconds 👁 11K
ESC Giorgio
All Artists by Instagram Followers AFTER Eurovision 2024
⏲ 5 minutes 37 seconds 👁 11.6K
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