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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 👁 49.2M

Restaurant Menu Design in Adobe InDesign | FREE COURSE

⏲ 1 hour 26 minutes 2 seconds 👁 33.2K

Food Menu design using ms word | Ready to Print | How to make Restaurant Menu Card Design ms word

⏲ 19 minutes 32 seconds 👁 369.5K

We visited Curo Restaurant in La Union to taste some of the food they offer. Located in Curbside Villa, Urbiztondo, this restaurant brings luxury to the local food scene.<br/><br/>Some of what we were able to try are the BBQ chicken salad, a perfect blend of smoky flavors and fresh ingredients. Spam chips, which offer a delightful crunch with every bite, and their special croquettes, lovingly named, Curbside Curo-quettes.<br/><br/>But we can never forget the USDA Angus Ribeye, which was easily the star of the show.<br/><br/>Join us and discover why our restaurant is a must-visit destination in Urbiztondo, La Union.

Luxury Dining Near The Beach: Curo Restaurant Taste Test | Flavor Profiles

⏲ 3:55 👁 228.9M

Johnny FD

THE BEST Greek Food in Athens! 🇬🇷

⏲ 22 minutes 39 seconds 👁 2.6K

Horizontal Digital Menu Board (FAST and EASY Restaurant Menu with Canva)

⏲ 9 minutes 24 seconds 👁 59.1K

CCTV shows customer running from Italian restaurant Posillipo in Canterbury after £65 meal

CCTV shows customer running from Canterbury restaurant after £65 meal

⏲ 0:57 👁 76.8M

How to design a menu for your restaurant – Use free templates or start from scratch

⏲ 12 minutes 2 seconds 👁 9.9K

10 Best Restaurant Menu Design Templates

⏲ 5 minutes 21 seconds 👁 2.3K

Jessica Alves is back and ready to go on her first blind date as a woman. Transgender woman Jessica has been living as a woman for 3 years and has found dating really difficult. Her previous dates have been really awkward because men didn't want to be seen with her in public and preferred to be hidden away in the corner at restaurants. Jessica hopes to meet a man who will accept her for who she is. Will her date Shojon live up to that expectation? Will the two hit it off?

I'm Trans - And This Is My First Date As A Woman | LOVE DON'T JUDGE

⏲ 8:33 👁 25.7M

Wilson K Lee - How To Open A Restaurant / Fu0026B Shop

6 Restaurant Menu Design Hacks To Increase Revenue - 2.6.2 Profitable Restaurant Owner's Academy

⏲ 9 minutes 6 seconds 👁 15.4K

1Food Menu - Digital Food Menus

How to Create a Restaurant Menu Online for FREE!

⏲ 2 minutes 29 seconds 👁 5.2K

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