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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

Red Lobster Announces Nearly 100 Locations Will Be Shut Down

⏲ 1:31 👁 102.8M

Marbles The Brain Store

Tour the States - Official Music Video

⏲ 4 minutes 9 seconds 👁 25.7M

KLT

50 States Song - USA States and Capitals Song | Geography Explained by KidsLearningTube

⏲ 4 minutes 58 seconds 👁 21M

Footage of a United States U-2 spy plane that captured imagery of the Chinese surveillance balloon that flew over the continental United States which was later shot down over the Atlantic Ocean.<br/><br/>Credit: Space.com | photos courtesy: US Department of Defense /Petty Officer 1st Class Tyler Thompson | edited by Steve Spaleta<br/>Music: Shifting Angles by Experia / courtesy of Epidemic Sound

U-2 Spy Plane Captured Stunning Image Of Chinese Surveillance Balloon

⏲ 0:57 👁 18.2M

WB Kids

Animaniacs SING-ALONG 🎤 | Wakko’s America | WB Kids

⏲ 2 minutes 41 seconds 👁 5.9M

Patty Shukla - Topic

50 States of America

⏲ 1 minute 53 seconds 👁 45K

Joe Biden has announced that he is willing to debate Donald Trump twice before the 5 November US election.<br/><br/>Taking to social media, the president said that he beat Mr Trump both times as the pair went head-to-head in 2020, before laying down a challenge for his Republican rival.<br/><br/>“He’s acting like he wants to debate me again. Well, make my day, pal,” Mr Biden said.<br/><br/>The president’s move shows he is willing to take some calculated risks to boost his opinion poll numbers in a race in which he is trailing Mr Trump in key battleground states, as voters remain concerned about his age and his handling of the economy.

Biden sends challenge to Trump as he accepts invitation to debate Republican rival

⏲ 0:27 👁 87.8M

Patty Shukla Kids TV - Children's songs

Fifty States Song Alphabetical Order (Official Video) Fifty States of America Map | Patriotic Song

⏲ 2 minutes 8 seconds 👁 3.7M

Jennifer Quinones

Fifty Nifty United States with Lyrics

⏲ 2 minutes 18 seconds 👁 659.2K

OnlyFans model flashes Dublin-New York portal leading to temporary shutdown

⏲ 0:50 👁 20.2M

Dennis Greenwood

Fifty Nifty United States vocals

⏲ 3 minutes 16 seconds 👁 6M

JEOGRAPHY Songs

50 States Song with Lyrics | Alphabetically-Ordered States & Capitals of the USA

⏲ 6 minutes 25 seconds 👁 988K

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