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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")
_temporary-tattoo-124-magic-tattoo-lotus.webp "Temporal Tattoo Tales")
_permanent-mark-on-his-most-painful-tattoos-sak-yant-is-traditional-to-southeast-asia.webp "Zen Perry Project")
⏲ 21 seconds 👁 9.4K
_guardiola-on-brilliant-liverpool-and-chances-they-missed-to-be-in-title-race.webp "Guardiola on brilliant Liverpool and chances they missed to be in title race<br/><br/>CGA, Manchester, UK")
_getting-tattooed-by-a-monk-in-thailand-part-2-124-thailand-sakyant.webp "Finding Jules")
_getting-my-sak-yant-tattoo-chiangmai-thailand-buddhism-shorts.webp "Jonigram")
_near-perfect-sci-fi-movies-you-might-have-missed.webp "There are plenty of phenomenal but overlooked sci-fi flicks out there waiting to thrill you. So we've gone through and selected films with close to perfect scores on Rotten Tomatoes to help you plan your next outstanding sci-fi movie night.")
_thai-style-rib-tattoo-by-pepevicio-tattuba-tattoo-tattooartist-shorts-thaitattoo-thailand.webp "Tattuba")
⏲ 12 seconds 👁 2.7K
_temporary-tattoo-sword-and-flower.webp "Miss Tatoo")
_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/>")
_24.webp "Emily Srichala เอมิลี่ ศรีชะลา")
_temporary-tattoo-124-preparing-to-get-a-tattoo.webp "Temporal Tattoo Tales")
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