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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 👁 116.3M
Dr. Kavita Mantry
সেক্সের পর প্রস্রাব করা উচিত ? | Is Peeing after Sex OK ?
⏲ 45 seconds 👁 16.7K
HMM Belal Hossain
স্বপ্নে পেশাব করতে দেখলে কি হয় | স্বপ্নের ব্যাখ্যা | shopne peshab Korte dekhle ki hoy |
⏲ 2 minutes 33 seconds 👁 20.9K
A 6.4% gain in U.S. home prices. This according to the latest S&P CoreLogic Case-Shiller Home Price Index. This and mortgage rates soaring at 7.09%, although down from 7.22% may have some homebuyers discouraged.Veuer's Elizabeth Keatinge has more.
Real Estate Prices are Rising
⏲ 1:10 👁 33.6M
Dr. Sofiqul Islam
আপনার সন্তানের দিনে কতবার হিসু স্বাভাবিক!Dr.sofiqul Islam
⏲ 1 minute 40 seconds 👁 36.7K
RRR Bangla Health Tips
গর্ভাবস্থায় ঘন ঘন প্রস্রাব এর কারণ, করণীয় এবং সতর্কতা। Urinal Pressure During Pregnancy
⏲ 7 minutes 1 second 👁 177.9K
Credit Card Delinquencies , Are on the Rise.<br/>New York Federal Reserve data that was published on May 15 shows that credit card delinquencies kept rising from January to March, Fox Business reports. .<br/>In Q1 2024, delinquencies reached <br/>8.9% at an annualized rate.<br/>America hasn't seen this high of a <br/>percentage of serious credit card <br/>delinquencies since 2012, Fox News reports. .<br/>In the first quarter of 2024, credit <br/>card and auto loan transition rates <br/>into serious delinquency continued <br/>to rise across all age groups, Joelle Scally, regional economic principal within the Household and <br/>Public Policy Research Division at the New York Fed, via Fox Business.<br/>An increasing number of borrowers <br/>missed credit card payments, <br/>revealing worsening financial <br/>distress among some households, Joelle Scally, regional economic principal within the Household and <br/>Public Policy Research Division at the New York Fed, via Fox Business.<br/>Researchers aren't sure why delinquencies <br/>are so high since the unemployment rate <br/>is low, but they have a few theories.<br/>One of those theories is that consumers drained savings throughout the pandemic <br/>but continue to spend at high levels.<br/>Another theory is that some Americans switched to jobs with lower salaries.<br/>Additionally, credit card eligibility may have been expanded for many whose student debt wasn't being reported to credit bureaus amid the pandemic.<br/>These are all kinds of complex issues. <br/>We don't exactly know what's behind the <br/>increase of these delinquency rates. But it's <br/>definitely something that we're tracking, New York Fed researchers, via Fox Business.<br/>The average annual percentage rate for <br/>credit cards hit a record of 20.72% recently.
Credit Card Delinquencies Are on the Rise
⏲ 1:31 👁 33M
Health Inside | বাংলা
প্রস্রাবের সঙ্গে রক্তপাত হওয়ার কারণ কি | Blood in urine or Haematuria Causes & Treatment
⏲ 4 minutes 49 seconds 👁 110.1K
SMART MOM u0026 BABY CARE
গর্ভাবস্থায় বারবার প্রস্রাব ( Urine )পেলে গর্ভের বেবির উপর কি প্রভাব পড়ে?
⏲ 2 minutes 53 seconds 👁 25.2K
Malaysia's gross domestic product (GDP) grew at a rate of 4.2% in the first quarter of 2024, an increase from 2.9% growth in the preceding quarter as the economy was bolstered by strong private expenditure and a positive turnaround in exports.<br/><br/>During the press conference of the first quarter 2024 gross domestic product figures on Friday (May 17), Chief Statistician Malaysia Datuk Sri Dr. Mohd Uzir Mahidin reported that the growth was higher than the 3.9% year-on-year increase put forward in an advance estimate by the National Statistics Department as well as in a Bloomberg survey of economists.<br/><br/>Read more at https://tinyurl.com/4dbj8svx<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline
Malaysia's economy grows 4.2% in 1Q, beating expectations
⏲ 3:6 👁 2.8M
Kamon World
গর্ভাবস্থায় ঘন ঘন প্রস্রাব কেন হয় ও এর জন্য কি করা উচিত জানুন | gorvobotir ghono ghono posrab.
⏲ 4 minutes 15 seconds 👁 17.4K
পারমিতার প্রতিদিন।Paromitar Protidin
আমি কেন বাচ্চাকে রাতে গোসল করাই।।5 tips for Baby Bath #babybath
⏲ 5 minutes 50 seconds 👁 17.6K
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