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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")
_james-bond-island-in-thailand-the-man-with-the-golden-gun.webp "TomYamThailand")
_thailand-lottery-result-today-thailottery-result-live-thailottery-result-16-05-2024-aj-prize-bond1.webp "AJ prize bond channel")
_dame-judi-dench-urges-sensitive-people-who-need-trigger-warnings-to-39stay-away-from-the-theatre39.webp "Dame Judi Dench has claimed people who feel like they need trigger warnings at the theatre should avoid going at all.")
⏲ 1:49 👁 12.4M
_thai-lottry-first2nd-akra-formula-rotein-date-16-05-24-tanveer-masih-prize-bond.webp "tanveer masih prize bond.")
⏲ 7 minutes 38 seconds 👁 2.1K
_thailand-lottery-results-today-live-16-05-2024-may-shahid-bhai.webp "Prize Bond Shahid Bhai")
_xbox-will-eventually-release-all-of-their-games-onto-game-pass.webp "Xbox will eventually release all of its games onto Game Pass despite reports that some classic titles will not make it on there.")
_the-location-is-out-of-this-world-james-bond-island-is-a-famous-landmark-in-phang-nga-bay.webp "Thai walk 4K")
⏲ 31 minutes 7 seconds 👁 78.1K
_the-man-with-the-golden-gun-1974-james-bond-thailand-khao-phing-kan-phang-nga-thailand.webp "James Bond")
⏲ 41 seconds 👁 20.4K
_wandee-goodday-ep-1-english-sub.webp "Because of a broken heart and drunkenness, Dr. Wandee goes from darling to daring, entangling himself with Muay Thai fighter Yoyak Phadetseuk. A one-night stand somehow turns into a fan (boyfriends) with benefits relationship. Though it's only a fake relationship, feelings creep up that the two don't dare accept when they each have someone else lingering in their hearts. <br/>")
_full-day-james-bond-island-tour-in-phuket-thailand.webp "The Passport Couple")
_money-saving-tips-in-phuket-tourist-market-vs-bang-tao-local-night-market.webp "Thailand Tony No Nonsense Guide.")
⏲ 12 minutes 44 seconds 👁 247
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