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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 👁 117.5M
JYOTI CREATIONS
top 20 patiyala salvar suit color combination ideas ||#shorts #stylishandtrendysalvarsuitideas
⏲ 1 minute 👁 172.4K
Shamaz style
Long shrug dress design 2022 party wear dresses for girls #new
⏲ 21 seconds 👁 379.5K
A true ‘voiture à vivre’, Renault 16 was designed to stand apart from the competition. Launched in 1965, it premiered a new body style, with hatchback access to the boot. More versatile than any of its contemporaries, Renault 16 included a bench seat adjustable for a 'holiday travel' position. It met the needs of families looking for a car that suited their lifestyles, while keeping pace with rapid social change.<br/><br/>Since then, Renault has continued to innovate with family cars that caught the mood of their times. This was true in the 1980s with Espace, a car that started a revolution with its groundbreaking one-box design and modular layout. In the 1990s, Renault did it again with Scénic, the first compact MPV. Designed to resemble a cocoon, Scénic featured an interior dedicated to passenger well-being.<br/><br/>Symbioz shares this same DNA. Able to adapt its boot and passenger compartment to family needs, with useful technologies delivering human added value and compact dimensions that are also ideal for city driving, it joins a long line of versatile ‘voitures à vivre’, reflecting its times. Showcasing Renault's new design language, Symbioz follows on from the recent Scénic E-Tech electric and New Captur.
Renault Symbioz Interior Design in Iconic Bleu Mercure
⏲ 2:30 👁 3.8M
Maryam Life Diary
Limelight Sale 40% OFF Today New Designs in Sale
⏲ 10 minutes 19 seconds 👁 225
Fashion NEXT
30 TYPES OF SALWAR SUIT WITH PICTURES AND NAME | Name of Salwar Kameez @Fashion NEXT
⏲ 3 minutes 1 second 👁 323.3K
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HINDS: WHO IS CHAINING UP THESE YOUTHS?
⏲ 2:30 👁 480K
Fashreet
Most Trending Afgani Salwar suit Design Ideas For Girls 2024
⏲ 3 minutes 6 seconds 👁 315.4K
Divya ke style tips
2024 मे ये 3 सूट रहेंगे Trend मेTrendy suit designNew suits के डिजाइन #fashion #trend
⏲ 2 minutes 55 seconds 👁 460K
With the all-new Mercedes-Benz G 580 with EQ Technology, the brand with the three-pointed star presents the first fully electric variant of its off-road icon. It symbolises the fusion of tradition and progress like no other. The all-new electric G-Class remains true to the model’s character, retaining its angular silhouette including all iconic elements. Like the conventionally powered variants, its body is built on a ladder frame. The development team has modified and reinforced this to integrate the electric drive. Also retained is the combination of independent front suspension with double wishbones and newly developed rigid rear axle. The high-voltage lithium-ion battery integrated into the ladder frame ensures a low centre of gravity. With its usable capacity of 116 kWh, it provides sufficient energy for ranges of up to 473 kilometres according to WLTP.<br/>The four individually controlled electric motors located near the wheels develop a maximum total output of 432 kW. Together with the selectable LOW RANGE off-road gear reduction, they enable unique driving characteristics and exclusive functions. This allows G-TURN to turn the vehicle almost on the spot on loose or unpaved surfaces. The G-STEERING function can deliver a significantly smaller turning circle when driving off-road. The three-speed intelligent off-road crawl function is like cruise control for off-roading – maintaining optimum propulsion while the driver focuses on navigating the terrain.<br/>Like the tried-and-tested variants, the all-new Mercedes-Benz G 580 with EQ Technology has a gradeability of up to 100% on suitable surfaces. The vehicle remains stable on sideways slopes of up to 35 degrees. With a maximum fording depth of 850 millimetres, the electric G‑Class outperforms its conventionally powered counterparts by 150 millimetres. The LOW RANGE off-road gearing increases propulsion with a special reduction ratio. The all-new model generates the function of conventional differential locks virtually using intelligent torque vectoring. G-ROAR brings a unique sound experience to the all-new electric G-Class. In addition to a characteristic, G-Class-specific driving sound, it includes one “aura” sound and a variety of “event” sounds.
Mercedes-Benz G580 with EQ Technology, EDITION ONE Interior Design
⏲ 1:35 👁 465K
Since their launch, Mercedes‑Benz has continuously developed the EQS and its siblings. Independent of model updates and faster than ever before, innovations have been incorporated into the series for the EQS, EQE, EQS SUV and EQE SUV. The company has responded to market and customer feedback more quickly than ever before with numerous product upgrades. For the current change year 2024, the EQS is now receiving an extremely extensive update package. The electric flagship comes with up to 82 kilometres more range, a new radiator cover with chrome applications and an upright Mercedes star on the front hood as well as even more comfort in the rear.<br/>The EQS was already one of the electric cars with the longest range. In the future, customers will be able to cover even more kilometres without stopping to charge. Thanks to an increased battery capacity from 108.4 to 118 kWh, the maximum range of the EQS 450 4MATIC, for example, increases from 717 to 799 kilometres. This means an increase in range of more than 11 percent. With a range of 683‑822 kilometres, the EQS 450+even exceeds the 800-kilometre mark.
The new Mercedes-Benz EQS 580 4MATIC Interior Design in Obsidian black
⏲ 2:39 👁 4.8M
Online prescription service MediSecure has shut down its website and confirmed \
Cyber security chief believes large-scale MediSecure data breach is an isolated incident
⏲ 1:48 👁 425K
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