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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")
_military-conscription-a-nightmare-for-transgender-thais.webp "The Star")
_dramatic-thailand-military-draft-why-young-men-afraid-of-conscription.webp "Quirky World")
⏲ 6 minutes 30 seconds 👁 19.3K
_former-military-lawyer-sentenced-to-5yrs-8-months-in-jail.webp "Former military lawyer David McBride has been sentenced to five years and eight months jail in the ACT Supreme Court for sharing classified military documents with journalists.")
_thai-transgender-woman-exempt-themselves-from-military.webp "Bingyst")
_military-daft-in-northern-part-of-thailand.webp "Spider Channel")
_sneak-peek-at-the-series-finale-of-cbs-so-help-me-todd.webp "Get ready for a glimpse into the series finale of the CBS comedy-drama sensation, So Help Me Todd Season 2 Episode 10. Featuring a stellar cast including Marcia Gay Harden, Skylar Astin and more. Watch the full Season 2 on Paramount+!<br/><br/>So Help Me Todd Cast:<br/><br/>Marcia Gay Harden, Skylar Astin, Madeline Wise, Inga Schlingmann, Andrea Brooks and Tristen J. Winger<br/><br/>Stream So Help Me Todd Season 2 now on Paramount+!")
_transgender-conscription-risks-in-thailand.webp "CNN"){kind=spacer}
_the-usa-sent-the-most-powerful-weapons-to-kyiv-military-summary-and-analysis-for-2024-05-15.webp "Military Summary")
⏲ 10 minutes 3 seconds 👁 28.2K
_king-charles-hands-military-role-to-william.webp "King Charles has handed over the role of Colonel-in-Chief of the Army Air Corps to Prince William in a ceremony in Hampshire. It comes just two weeks after the King returned to public duties following his cancer diagnosis.Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn")
_h-e-president-joseph-nyuma-boakai-speaks-to-the-media-upon-his-returns-to-liberia-from-the-u-s.webp "SPOON TV LIVE")
⏲ 4 minutes 24 seconds 👁 1.4K
_southsudan.webp "Pornumyimwhan By พ่อหนุ่มยิ้มหวาน พาทัวร์")
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