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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")
_teachers-navel-touch-by-a-student.webp "Britney spears")
_saajan-re-saajan-kehta-hai-saawan-behki-huii-hain-hawayein-124-dulaara-124-kumar-shanu-alka-yagnik.webp "90s Hindi Songs")
⏲ 5 minutes 53 seconds 👁 811.4K
_cannes-2024-know-date-time-venue-indian-celebrity-lineups-all-the-details-about-film-festival.webp "The 77th edition of the Cannes Film Festival will take place from May 14 to May 25 at the French Riviera. This year, the prestigious film festival is jam-packed with premieres, star-studded press conferences, and lavish parties. \")
⏲ 1:38 👁 11.9M
_thamanna-bhatia-hot-red-saree-navel.webp "GIRLS on FIRE")
_hot-girl-dancing-in-red-sari-124-bollywood-dance-124-beautiful-girl-dancing.webp "FUNZON")
⏲ 1 minute 20 seconds 👁 416.9K
_joey-graziadei-amp-kelsey-anderson-share-their-thoughts-on-jen-being-the-next-bachelorette-124-thr-video.webp "Joey Graziadei & Kelsey Anderson chat with THR at the 'IF' premiere and say it feels like a \")
Joey Graziadei & Kelsey Anderson Share Their Thoughts on Jen Being The Next Bachelorette | THR Video
⏲ 1:57 👁 10.7M
_kajol-devgan-hot-transparent-red-saree-edit-mix-124-kajol-hot-at-function-or-event-latest-edit-124.webp "Mallu Short Clips")
⏲ 1 minute 7 seconds 👁 233.1K
_nivi-drape-124-how-to-wear-saree-for-beginners-124-easy-saree-draping-tutorial-124-tia-bhuva.webp "Tia Bhuva")
⏲ 7 minutes 52 seconds 👁 3.2M
_bafta-russell-t-davies-would-like-to-remake-christopher-eccleston-drama-39second-coming39.webp "The Doctor Who showrunner says he's already got ideas for his next project, outside of the Tardis. Report by Nelsonj. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn")
⏲ 3:5 👁 17.2M
_baapre-baap-soo-boom-boom-kajol-looks-boom-boom-in-desi-saree-look-with-ajay-devgn-at-sid-kiara.webp "filmy fame")
Baapre!! Baap SOO BOOM BOOM 😱🍑 Kajol Looks BOOM BOOM In Desi Saree Look With Ajay Devgn At Sid Kiara
⏲ 1 minute 7 seconds 👁 437.3K
_yo-yo-honey-singh-dil-chori-video-simar-kaur-ishers-124-hans-raj-hans-124-sonu-ke-titu-ki-sweety.webp "T-Series")
⏲ 3 minutes 32 seconds 👁 287.9M
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