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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")
_rater-rajani-gandha-124-124-bengali-movie-124-full-hd-124-uttam-kumar-aparna-sen.webp "Uttam Kumar Movies")
⏲ 1 hour 40 minutes 28 seconds 👁 334.1K
_rater-rajani-gandha-124-124-bengali-movie-124-full-hd-124-uttam-kumar-aparna-sen.webp "Mini Movie")
⏲ 46 minutes 29 seconds 👁 69K
_what-are-the-best-mortgages-and-savings-offers-available-now-an-expert-explains.webp "Robyn Demming from Raisin UK discusses the best deals for savers and borrowers.")
_18-rater-rajanigandha-2016-babu-studio.webp "Babu Studio বাংলা")
_rater-rajani-gandha-bengali-full-movie-124-part-1-124-uttam-kumar-124-aparna-sen.webp "Uttam Kumar Movies")
⏲ 54 minutes 43 seconds 👁 7K
_australian-treasurer-jim-chalmers-previews-responsible-2024-budget.webp "The federal treasurer has said the 2024 budget will have ‘substantial’ but ‘responsible’ cost-of-living relief while tackling inflation.")
_bengali-hot-movie-rater-rajanigandha-part-3.webp "Entertainment Music")
_rater-rajani-gandha-bengali-full-movie-124-part-2-124-uttam-kumar-124-aparna-sen.webp "Uttam Kumar Movies")
⏲ 45 minutes 21 seconds 👁 4.7K
_us-inflation-falls-as-expected-in-april-bolsters-fed-rate-cut-bets.webp "U.S. inflation data for April came in broadly in line with analyst estimates Wednesday, breaking a concerning three-month streak of higher-than-expected readings and reigniting hopes for a return to the Federal Reserve’s 2% inflation target. Last month, the Consumer Price Index (CPI) showed a year-over-year increase of 3.4%.")
_thikana-124-124-debasree-roy-124-moon-moon-sen-124-arjun-chakraborty-124-sanghamitra-124-tollywood-movies.webp "TOLLYWOOD BANGLA MOVIES")
THIKANA | ঠিকানা | DEBASREE ROY | MOON MOON SEN | ARJUN CHAKRABORTY | SANGHAMITRA | TOLLYWOOD MOVIES
⏲ 2 hours 7 minutes 14 seconds 👁 1.2M
_124-ekhane-pinjar-124-uttam-kumar-124-aparna-sen-124-dilip-mukherjee-124-restored-hd-124-subtitled.webp "Bengali Movies - Channel B Entertainment")
⏲ 2 hours 33 minutes 30 seconds 👁 1.4M
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