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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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ITJungles

iPhone iOS 14: How to Renew Lease for a Wifi Connection

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ITJungles

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Thousands more civilians have fled Russia's renewed ground offensive in Ukraine’s northeast that has targeted towns and villages with a barrage of artillery and mortar fire.

WATCH: Renewed Russian offensive forces thousands of civilians to flee Northeast Ukraine

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ITJungles

iPhone 12 12 Pro: How to Renew Lease of a Wifi Connection

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The Biebers posted a joint announcement of photos and videos featuring Hailey cradling her growing baby bump as Justin takes photos of her on Instagram, Thursday May 9th. In one of the clips it also appears that the couple renewed their wedding vows recently. The couple officially tied the knit in a NYC courthouse in 2018, then headed to South Carolina a year later for a 'Notebook' inspired ceremony.

Justin Bieber & Hailey Bieber Are Expecting Their First Child Together | Billboard News

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Yoman Millar

How to renew a WiFi lease on all IOS devices

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Gjeebs

13 Important Settings to Change in Your New Model Y

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India's External Affairs Minister, Dr. S Jaishankar, reaffirms India's claim over Pakistan-occupied Kashmir (PoK), emphasizing its integral status within India. Amid ongoing protests in the region, Jaishankar vows to end Pakistan's illegal occupation, sparking renewed tensions. Stay tuned for the latest developments.<br/> <br/>#NewDelhi #PoK #PoKProtests #SJaishankar #JaishankaronPoK #PakistanOccupiedKashmir #IndiaPakistanTensions #NewDelhi #Oneindia<br/>~PR.274~ED.155~GR.124~HT.96~

Jaishankar Asserts PoK Integral to India, Vows to End Illegal Occupation Amid Protests|Oneindia News

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GuideRealm

How To Fix iPhone Not Connecting To WiFi - Full Guide

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The Maple Experience

加拿大生活｜在兰里买独立屋，就附合法出租单位！

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