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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")
_average-penis-sizes-with-best-sex-positions-124-quickies.webp "AskMen")
_pornstars-reveal-their-favorite-sex-positions-at-avn.webp "CAM4")
_leeds-must-figure-out-archie-grays-best-position.webp "The Yorkshire Evening Post’s Lee Sobot analyses where Archie Gray should play for the Whites.")
_top-5-anal-porn-stars-part-2.webp "Adult Hub")
_if-men-were-100-honest-before-s-e-x.webp "THE DATING CHANNEL")
_singapore-swears-in-its-first-new-pm-in-two-decades.webp "Singapore's Lawrence Wong was sworn in on Wednesday (May 15) as its first new premier in 20 years and only its fourth leader since independence. <br/><br/>51-year-old Wong will retain his current position as finance minister and takes charge of a country led for two decades by Lee Hsien Loong, the 72-year-old son of Lee Kuan Yew, the founder of modern Singapore who stayed in politics until his death in 2015. <br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline")
_top-10-most-flawless-prnstars-2022.webp "DidSomeDigging")
_how-your-masturbation-technique-might-be-ruining-your-sex-life.webp "Rena Malik, M.D.")
_mohammad-hafeez-advised-babar-azam-to-play-at-number-3-mohammad-rizwan39s-position-was-also-told.webp "Mohammad Hafeez Advised Babar Azam To play At Number 3. Mohammad Rizwan's Position Was Also Told")
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_mia-malkova-shares-her-most-extreme-scenes.webp "Misfits Clips")
_pubic-bone-treatment-shorts.webp "Dr. Ali Elahi")
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