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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")
_fred-hey-boss-amp-joel-introduction-124-fap-ceo-men-stream-124-gameplay-playthrough-part-1.webp "GamingGazer")
⏲ 10 minutes 27 seconds 👁 1.3K
_let39s-play-fap-ceo-124-gameplay-video-124-nutaku.webp "Nutaku Games")
_federal-bank-ceo-on-pan-india-growth-124-ndtv-profit.webp "#FederalBank CEO & MD Shyam Srinivasan wants to maintain its reputation of a 'boring bank.'<br/><br/><br/>Listen to his conversation with Vishwanath Nair.<br/><br/><br/>For the latest news and updates, visit: http://ndtvprofit.com")
_trevor-wallace-has-w-rizz.webp "David Alvareeezy")
_4-years-on-testosterone-voice-updat3-124-noahfinnce.webp "NOAHFINNCE")
_sneak-peek-at-the-series-finale-of-cbs-so-help-me-todd.webp "Get ready for a glimpse into the series finale of the CBS comedy-drama sensation, So Help Me Todd Season 2 Episode 10. Featuring a stellar cast including Marcia Gay Harden, Skylar Astin and more. Watch the full Season 2 on Paramount+!<br/><br/>So Help Me Todd Cast:<br/><br/>Marcia Gay Harden, Skylar Astin, Madeline Wise, Inga Schlingmann, Andrea Brooks and Tristen J. Winger<br/><br/>Stream So Help Me Todd Season 2 now on Paramount+!")
_chris-williamson-the-shocking-new-research-on-why-men-and-women-are-no-longer-compatible-124-e237.webp "The Diary Of A CEO")
⏲ 2 hours 7 minutes 20 seconds 👁 1.6M
_traumatizing-my-girlfriend-with-fap-ceo.webp "MxR Plays")
_new-ipad-pro-procreate.webp "New iPad Pro + Procreate - Procreate CEO James Cuda talks through all the cool things you can do on the new iPad Pro with the new Apple Pencil Pro in Procreate and Procreate Dreams.")
_ceos-during-pride-month.webp "Brandon Rogers")
_yall-dated-shorts.webp "DIVE Studios / 다이브 스튜디오")
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