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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

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Conference on Resolution of Intractable Conflict

How influence operates in the online information space with Dylan Weber

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The Best LinkedIn Lead Gen Strategy in 2024

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Soul Land 2【斗罗大陆2绝世唐门】Douluo Dalu II: Jueshi Tangmen | Soul Land 2: The Unrivaled Tang Sect | Soul Land 2: Peerless Tang Sect<br/>Type: ONA<br/>Episodes: 52<br/>Status: Currently Airing<br/>Aired: Jun 24, 2023 to ?<br/>Producers: Tencent Penguin Pictures, Xuanshi Tangmen<br/>Licensors: None found, add some<br/>Studios: Sparkly Key Animation Studio<br/>Source: Web novel<br/>Genres: Action, Adventure, Fantasy<br/>Theme: Martial Arts<br/>Duration: 20 min. per ep.<br/>Rating: PG-13 - Teens 13 or older.

(Multi Sub) EP 49Soul Land 2【斗罗大陆Ⅱ绝世唐门】Douluo Dalu II: Jueshi Tangmen 第49集

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Get the most of out of your LinkedIn profile

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Career Thought Leaders

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NBC's Law & Order: Organized Crime Tackles Family Ties in New Episode

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Creating A LinkedIn Profile

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Social Media Examiner

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Ullu Originals Red Light Part 1 recently shared a gripping trailer that captivates viewers with its edgy plot. Ahead of its release this week, the makers have shared a glimpse into the main characters and the storyline that takes you inside a brothel. Read on to know more about the plot and the trailer for Red Light.<br/><br/>Red Light Part 1 OTT release<br/>Red Light is a two-part series that will release Part 1 on May 7. Apart from the Ullu app, viewers can also stream it with OTTplay Premium subscription. This Ullu Original series is also packed with entertainment and bold scenes, just like the other originals on the streaming platform, including Devil and Corporate. Fans can expect Part 2 to release within a week of Part 1’s premiere. Recently, the makers dropped a riveting trailer that highlights the premise of Red Light and traces its story with mysterious characters.

Wife First Night With Husband Romantic | Ullu Web Series | Ullu New Web Series #ullu

⏲ 16:16 👁 5.5M

Delaware ShoutOut - LinkedIn Strategies

How the Pros Create LINKEDIN POLLS + Engaging Poll Ideas

⏲ 9 minutes 45 seconds 👁 1.1K

Madame Butterfly

🔮🎴🦋Libra~ the cupboards will no longer be bare! Financial abundance, the spotlight & a new soulmate😎

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