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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")
_tahsan-kona-chhuye-dile-mon.webp "Radial by The Orchard")
_dilona-dilona-nilo-mon-dilona.webp "Release - Topic")
_hunter-rugby-merewether-coach-tony-munro.webp "Tony Munro on defensive effort to shut down Hamilton in rain")
_124-dilona-dilona-nilo-mon-dilona-124-bangla-baul-gaan-124-nagorik-tv.webp "Nagorik Music")
⏲ 7 minutes 42 seconds 👁 5.9M
_e-mon-ajkal-124-majnu-124-hiraan-124-srabanti-124-rishi-chanda-124-jonita-gandhi-124-rajib-124-svf.webp "SVF")
⏲ 4 minutes 9 seconds 👁 3.5M
_the-infamous-scene-in-rats-in-the-ranks-featuring-anthony-albanese.webp "Anthony Albanese was a long way from PM when as a party official he was sent to sort out an internal Labor Party dispute in the 1994 mayoral election at Leichhardt Council. Film-makers Bob Connolly and Robin Anderson captured the moment Albanese shut down their otherwise access-all-areas cameras")
_tomake-chuye-dilam-lyrical-video-124-124-lyrical-video-124-bastushaap-124-arijit-singh.webp "Amara Muzik Bengali")
⏲ 6 minutes 1 second 👁 8.8M
_exclusive-124-shunno-theke-full-hd-chuye-dile-mon-124-official-video-124-arifin-shuvo-amp-momo-124.webp "Asiatic Ddhoni-Chitra")
⏲ 2 minutes 57 seconds 👁 1.3M
_how-norway39s-svalbard-plans-to-phase-out-coal.webp "Svalbard will soon shut its last coal mine, as the Norwegian archipelago aims to end coal production and instead focus on renewable energy. But local miners are set to lose their jobs, meaning the transition won't be easy.")
_dilo-naa-dilo-naa-124-full-song-124-parsha-124-prottoy-khan-124-folk-station-124-eid-special-124-rtv-music.webp "Rtv Music")
⏲ 4 minutes 41 seconds 👁 812.1K
_sokhi-go-amar-mon-vala-naa-124-jk-majlish-feat-sultana-yeasmin-laila-124-igloo-folk-station-124-rtv-music.webp "Rtv Music")
Sokhi Go Amar Mon Vala Naa | Jk Majlish feat. Sultana Yeasmin Laila | Igloo Folk Station | Rtv Music
⏲ 6 minutes 25 seconds 👁 34.8M
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