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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 👁 77.1M

Super Simple Songs - Kids Songs

8 Little Planets | STEM Counting Song for Kids | Super Simple Songs

⏲ 32 minutes 32 seconds 👁 1.1M

Senpirates

Choose Your Blox Fruits From it's STEM Color BUT 1 is a Lie!

⏲ 18 minutes 47 seconds 👁 182.3K

INNOVATHON musim kedua memfokuskan kepada penghasilan tenaga kerja dan bakat masa depan yang mampu bergerak seiring dengan kemajuan dalam bidang sains, teknologi, kejuruteraan, dan matematik (STEM) serta penyelidikan dan pembangunan (R&D).

INNOVATHON musim kedua sasar tarik bakat muda, pupuk minat pada STEM

⏲ 3:17 👁 215K

Rawfully Healthy

6 Ways to 𝑩𝑶𝑶𝑺𝑻 Your Stem Cells & 𝙋𝙧𝙤𝙢𝙤𝙩𝙚 𝙃𝙚𝙖𝙡𝙞𝙣𝙜 After Age 40

⏲ 13 minutes 23 seconds 👁 83.3K

Vitazen Health

These 5 Dinners Regenerate Stem Cells & LIVE LONGER ‎️‍🔥 Dr. William Li

⏲ 19 minutes 41 seconds 👁 5.9K

Several Native American tribes in South Dakota have banned Governor Kristi Noem from their reservations due to her allegations that some tribal leaders are benefiting from drug cartel activity. Noem, an ally of former President Donald Trump, has focused on crime concerns stemming from the U.S.-Mexico border, despite South Dakota being hundreds of miles from the border. Tribal leaders deny the presence of cartels on their reservations and accuse Noem of ignorance and unwillingness to engage with the tribes. The controversy coincides with the rocky rollout of Noem's memoir in which Noem gave a disturbing account of shooting the family dog.

Several South Dakota Tribes Ban Governor Noem Over Cartel Allegations

⏲ 0:39 👁 165K

Daily TV Mass

Catholic Mass Today | Daily TV Mass, Thursday May 16, 2024

⏲ 29 minutes 5 seconds 👁 6.7K

Fun Science

EASY SCIENCE EXPERIMENTS TO DO AT HOME

⏲ 6 minutes 9 seconds 👁 19M

Venezuela, Loses Its Last Glacier, Amid Rising Global Temperatures.<br/>BBC reports that scientists have warned that Venezuela <br/>may be the first country to have lost all of its glaciers<br/>after the nation's last glacier was downgraded to an ice field.<br/>According to the International Cryosphere Climate <br/>Initiative (ICCI), Venezuela's last remaining glacier <br/>has now become \

Venezuela Loses Its Last Glacier Amid Rising Global Temperatures

⏲ 1:31 👁 24.4M

小城桔子

全家忙着打油菜，桔子做麻椒鸡和麻酱凉面，辣椒真多，公婆：太够味了

⏲ 16 minutes 16 seconds 👁 2.2K

BRANDMAN | No Labels Necessary

How This Artist Used The Song A Week Strategy to Blow Up on Spotify #169 ft. Blvk Svm

⏲ 47 minutes 46 seconds 👁 77

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