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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 👁 116M
Hamza Ouaziz
Linkedin Logo Animation
⏲ 21 seconds 👁 6.4K
NetCast on WebTech Zone
How to Add Company Logo to Linkedin?
⏲ 3 minutes 16 seconds 👁 12.1K
EarthX Website: https://earthxmedia.com/ <br/><br/>A giant sunshade in orbit to cool the planet - science fiction or reality? The truth might just be stranger than fiction as scientists look towards the cosmos to combat global warming. Space systems engineer, Dr. Mitchell Kirshner, explains what the sun shielding process could look like.<br/><br/>About EarthxNews:<br/><br/>A weekly program dedicated to covering the stories that shape the planet. Featuring the latest updates in energy, environment, tech, climate, and more. <br/><br/>EarthX<br/>Love Our Planet. <br/>The Official Network of Earth Day.<br/><br/>About Us: <br/><br/>At EarthX, we believe our planet is a pretty special place. The people, landscapes, and critters are likely unique to the entire universe, so we consider ourselves lucky to be here. We are committed to protecting the environment by inspiring conservation and sustainability, and our programming along with our range of expert hosts support this mission. We’re glad you’re with us. <br/><br/>EarthX is a media company dedicated to inspiring people to care about the planet. We take an omni channel approach to reach audiences of every age through its robust 24/7 linear channel distributed across cable and FAST outlets, along with dynamic, solution oriented short form content on social and digital platforms. EarthX is home to original series, documentaries and snackable content that offer sustainable solutions to environmental challenges. EarthX is the only network that delivers entertaining and inspiring topics that impact and inspire our lives on climate and sustainability. <br/><br/>EarthX Website: https://earthxmedia.com/ <br/><br/>Follow Us: <br/>Instagram: https://www.instagram.com/earthxtv/ <br/>LinkedIn: https://www.linkedin.com/company/earthxtv <br/>Facebook: https://www.facebook.com/earthxtv <br/><br/>How to watch:  <br/><br/>United States:<br/>Spectrum <br/>AT&T U-verse (1267) <br/>DIRECTV (267) <br/>Philo <br/>FuboTV <br/>Plex <br/><br/>United Kingdom & Ireland:<br/>Sky (180) <br/>Freeview (79)<br/><br/>Europe: M7 <br/><br/>Mexico: Claro & Totalplay <br/><br/>#EarthDay #Environment #Sustainability #Eco-friendly #Conservation #EarthxTV #EarthX
Sunshade in Space - Science Fiction or Reality? | EarthxNews | EarthX
⏲ 5:28 👁 5.1M
Abhay Zambare
How To Insert Linkedin Logo (Icon) In Word
⏲ 1 minute 51 seconds 👁 27K
Design Made Simple
How To Make A Logo Background Transparent | No Software Required!
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In this edition, we look at what lawmakers' extracurricular activities mean for their core role.
Brussels, my love? MEPs' side jobs: how can the EU be more transparent?
⏲ 32:9 👁 1.7M
Upfront Creations
Linkedin Icon - Logo Animated | Green Screen | Free Download | 4K 60 FPS!
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Linkedin with Louise
How to Remove Frame from your LinkedIn Profile
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Azmi Hassan of Akademi Nusantara believes PAS’s claim is justified due to its stronger parliamentary presence, compared to Bersatu.<br/><br/>Read More: https://www.freemalaysiatoday.com/category/nation/2024/05/18/pas-showing-it-should-lead-pn-say-analyst/<br/><br/>Laporan Lanjut: https://www.freemalaysiatoday.com/category/bahasa/tempatan/2024/05/18/bangkit-soal-halal-dan-haram-tak-jadikan-pas-ekstrem-kata-tuan-ibrahim/<br/><br/>Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.<br/><br/>Subscribe to our channel - http://bit.ly/2Qo08ry<br/>------------------------------------------------------------------------------------------------------------------------------------------------------<br/>Check us out at https://www.freemalaysiatoday.com<br/>Follow FMT on Facebook: https://bit.ly/49JJoo5<br/>Follow FMT on Dailymotion: https://bit.ly/2WGITHM<br/>Follow FMT on X: https://bit.ly/48zARSW <br/>Follow FMT on Instagram: https://bit.ly/48Cq76h<br/>Follow FMT on TikTok : https://bit.ly/3uKuQFp<br/>Follow FMT Berita on TikTok: https://bit.ly/48vpnQG <br/>Follow FMT Telegram - https://bit.ly/42VyzMX<br/>Follow FMT LinkedIn - https://bit.ly/42YytEb<br/>Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj<br/>Follow FMT on WhatsApp: https://bit.ly/49GMbxW <br/>------------------------------------------------------------------------------------------------------------------------------------------------------<br/>Download FMT News App:<br/>Google Play – http://bit.ly/2YSuV46<br/>App Store – https://apple.co/2HNH7gZ<br/>Huawei AppGallery - https://bit.ly/2D2OpNP<br/><br/>#FMTNews #PAS #PerikatanNasional #Bersatu #KualaKubuBaharu #AzmiHassan #TuanIbrahimTuanMan #MazlanAli
PAS showing it should lead PN, says analyst
⏲ 1:6 👁 1.4M
Greg Langstaff
How to Create the Perfect LinkedIn Banner in 1 Minute (example)
⏲ 3 minutes 31 seconds 👁 11.3K
TheProfile.Company
How to Add Your Company Logo to Your LinkedIn Profile
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