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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")
_vanitha-magazine-jamshina-zaku.webp "Jamshina Zaku")
_actors-first-vanitha-cover-pages-old.webp "Catch Frames")
⏲ 1 minute 35 seconds 👁 666
_meghan-pays-tribute-to-princess-diana-by-wearing-sentimental-gift-during-nigeria-visit.webp "She wore the delicate diamond cross on a gold chain, which used to belong to Princess Diana, to a reception for military families in Abuja. Prince Harry recently gave the necklace to his wife as a gift, according to People magazine. It's not the first time during the non-official tour that Meghan has given a nod to her late mother-in-law. Earlier in the trip, she wore a gold collar necklace which looked similar to one Diana wore in Nigeria over 30 years ago.")
⏲ 1:26 👁 11.2M
_-124-how-to-get-free-magazine-124-how-to-get-free-malayalam-magazine.webp "Nikhil Iringannur")
⏲ 1 minute 57 seconds 👁 25.5K
_-124-shobhana-124-vanitha-film-awards-2024.webp "VANITHA")
⏲ 33 seconds 👁 9.3K
_american-businessman-warren-buffett39s-advice-on-investments.webp "Warren Buffett, the chairman of Berkshire Hathaway (BRK.A), is the most successful investor of our time. His daughter, Susan, worked as my assistant when I was the publisher of a magazine 40 years ago. Just before she got married, Susie told me she worried that her fiancé’s parents had bought a couple of shares of Berkshire stock — and what if it tanked? At the time, the price was about $1,000 a share. Today, it’s $507,000 a share. I hope the in-laws hung on.")
_.webp "VANITHA")
_-124alanscottvfa24124vanitha.webp "VANITHA")
വനിത ഫിലിം അവാര്ഡ്സില് എന്റെ ദൗത്യം..സസ്പെന്സ് വെളിപ്പെടുത്തി നാദിര്ഷ...|AlanScottVFA24|Vanitha
⏲ 41 seconds 👁 3.4K
_blackberry-smoke-living-in-the-song-live-124-louder.webp "Blackberry Smoke filmed exclusively for Classic Rock magazine.")
_kani-kusruti-divya-prabha-124-all-we-imagine-as-light-124-cannes.webp "truecopythink")
⏲ 41 minutes 18 seconds 👁 4.3K
_vanitha-shocking-response-to-suchithra-allegation.webp "Vijiith View")
சுசித்ரா அதிரடி கைது? வனிதா சுசித்ராவுக்கு பதிலடி🔥 Vanitha Shocking Response To Suchithra Allegation
⏲ 10 minutes 38 seconds 👁 9.1K
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