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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")
_sister-deep-cleavage.webp "fullypak new")
_beautiful-cleavage-124-tiktok-boom-boom-challenge-compilation-124-no-bra-124viral-mania.webp "ViralMania")
⏲ 1 minute 19 seconds 👁 96.5K
_shock-rocker-and-music-legend-ignatius-jones-sits-down-with-donnie-sutherland.webp "Archival footage of Ignatius Jones being interviewed on an episode of Sounds with Donnie Sutherland that originally aired 20th December 1980.")
_hot-teacher-cleavage-show-adult-meme-124-madam-ji-cloth-slip-dank-indian-meme-adult-vision.webp "ADULT VISION")
⏲ 37 seconds 👁 24.3K
_girl-is-bathing-on-river-side-wear-pink-dress-with-deep-cleavage.webp "Chilis")
_lorry-driver-smashes-into-broken-down-horsebox-killing-horse.webp "Dramatic dashcam footage shows the moment a lorry driver smashed into a broken-down horsebox, killing a horse.")
_debralee-scott-exposes-her-breasts-on-9234password-plus9234-game-show-from-1979.webp "joycollector")
⏲ 1 minute 26 seconds 👁 8.5M
_hottest-cleavage-show-actress-hot-cleavage.webp "Clips Bucket")
_why-do-you-think-americans-are-so-down-on-president-biden-doocy-grills-kjp-on-poor-polling.webp "During a White House press briefing on Tuesday, Press Secretary Karine Jean-Pierre was asked about Biden’s poll numbers.<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com")
⏲ 4:26 👁 5.1M
_mallu-auty-lakshmi-gopalswamy-cleavage-show-124-hot.webp "TheCinesick")
_foxnews-julie-banderas-told-to-cover-up-her-breasts.webp "Dr. Detroit")
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