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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")
_tamil-christian-song.webp "Desil Nadar")
⏲ 4 minutes 39 seconds 👁 5.7K
_.webp "Chu Soc")
⏲ 3 minutes 37 seconds 👁 445
_luxury-dining-near-the-beach-curo-restaurant-taste-test-124-flavor-profiles.webp "We visited Curo Restaurant in La Union to taste some of the food they offer. Located in Curbside Villa, Urbiztondo, this restaurant brings luxury to the local food scene.<br/><br/>Some of what we were able to try are the BBQ chicken salad, a perfect blend of smoky flavors and fresh ingredients. Spam chips, which offer a delightful crunch with every bite, and their special croquettes, lovingly named, Curbside Curo-quettes.<br/><br/>But we can never forget the USDA Angus Ribeye, which was easily the star of the show.<br/><br/>Join us and discover why our restaurant is a must-visit destination in Urbiztondo, La Union.")
_.webp "arshazful")
⏲ 2 minutes 54 seconds 👁 27K
_.webp "Joy Halder")
⏲ 31 seconds 👁 18.5K
_poland-europes-defence-sentinel.webp "The Ukraine war and uncertainty about future US funding of NATO have rekindled fears about Europe's defence. Witness reporter Valerie Gauriat went to Poland to assess the potential for a spillover of the conflict into other parts of Europe, and to gaugeexpectations of EU and NATO allies.")
_.webp "Lan Dau")
⏲ 3 minutes 20 seconds 👁 233
_.webp "Kiphung Ton")
⏲ 3 minutes 11 seconds 👁 171
_usap-tayo-pauleenlunasotto-a-day-in-the-life-of-a-mom-of-two.webp "The 35-year-old actress and former Eat Bulaga! host enjoys a quieter part of the limelight for now because her time and focus are on her family. In this episode of Usap Tayo, #PauleenLunaSotto shares her journey through motherhood, now as a mother of two. #usaptayo #SmartParentingxPauleenLunaSotto #Motherhood")
_youtube1.webp "shergillsingh")
⏲ 2 minutes 7 seconds 👁 2.7K
_video-ndtv-c.webp "tollywood vs bollywood")
⏲ 5 minutes 13 seconds 👁 4.3K
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