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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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Henderson Equipment

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Embark on an emotional journey with ABC's highly anticipated series finale, The Good Doctor Season 7 Episode 10. From the creative genius of Park Jae Bum, this captivating medical drama is set to resonate deeply. Join an exceptional ensemble cast, including Freddie Highmore, Christina Chang, Richard Schiff and more, as they deliver spellbinding performances. Don't miss the chance to be swept away by the compelling narrative of The Good Doctor Season 7, available for streaming now on ABC!<br/><br/>The Good Doctor Cast:<br/><br/>Freddie Highmore, Christina Chang, Richard Schiff, Will Yun Lee, Fiona Gubelmann, Paige Spara, Noah Galvin, Bria Samoné Henderson, Antonia Thomas, Hill Harper and Chuku Modu<br/><br/>Stream The Good Doctor Season 7 now on ABC and Hulu!

Heartfelt Farewell: ABC's The Good Doctor Series Finale

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NASA will use 30 ground recording stations to monitor the sound produced by the X-59 QueSST experimental aircraft. Learn more about the equipment they will be using here. <br/><br/>Credit: NASA

NASA To Monitor How The X59 Supersonic Plane Sounds

⏲ 2:23 👁 9.6M

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TRACTOR DEALERSHIP TOUR: Randall Brothers Farm Equipment

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Here's your sneak peek at the Disney+ Star Wars series The Acolyte Season 1, created by Leslye Headland.<br/><br/>The Acolyte Cast:<br/><br/>Amandla Stenberg, Lee Jung-jae, Manny Jacinto, Dafne Keen, Jodie Turner-Smith, Rebecca Henderson, Charlie Barnett, Dean-Charles Chapman, Carrie-Anne Moss and Margarita Levieva<br/><br/>Stream The Acolyte Season 1 June 4, 2024 on Disney+!

Sneak Peek at the New Star Wars Series The Acolyte

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CC Surplus Sales Videos

2006 Ex Government Deere 450J LT Forestry C&C Equipment

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Farming Fixing u0026 Fabricating

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