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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")
_outcome-based-education-for-engineering-education-towards-sustainable-development.webp "Research Circle")
⏲ 1 hour 19 minutes 38 seconds 👁 55
_basic-internet-browsing-learning-bangla-tutorial-lesson-6.webp "Gazi Tech School")
_drake-vs-kendrick-lamar-rap-battle-debate-where-does-drake-go-from-here-124-billboard-unfiltered.webp "In the first episode of 'Billboard Unfiltered,' Billboard staffers Damien Scott, Carl Lamarre and Trevor Anderson discuss the Drake and Kendrick Lamar feud that has taken the hip-hop world by storm, J. Cole's exit from the drama, Tommy Richman's debut on the Hot 100 and more!")
⏲ 28:3 👁 15.8M
_outcome-based-education-obe-explained.webp "Gurong Pinoy")
_co-po-mapping.webp "Kiran Vlogs")
_hull-city-owner-acun-ilicali-reveals-real-reason-behind-liam-roseniors-exit.webp "Hull City owner Acun Ilicali reveals real reason behind Liam Rosenior's exitSource: BBC Humberside")
_lecture-01-of-15-outcome-based-education-obe-trainer-bhaskar-basic-concepts-of-obe.webp "Trainer Bhaskar")
⏲ 7 minutes 42 seconds 👁 12.2K
_ictiee-2017-papers-continuous-quality-improvement-through-obe.webp "IUCEE Webinars Atmiya Library u0026 Learning Centre Rajkot")
_will-cote-de-pablo-return-to-39ncis39-before-the-tony-and-ziva-spinoff-what-michael-weatherly-says.webp "Back in 2013, Cote De Pablo exited \")
⏲ 1:14 👁 2.2M
_engineering-graduation-projects.webp "Nile University")
_program-evaluation-rubrics-for-pevs-124-obe-system-124-124-part-5.webp "Technogineer")
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