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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 👁 116.5M
Jason Stovall
Guadalajara Mexican Restaurant Redding CA | (530) 223-2540 | Cinco de Mayo Celebration 2012
⏲ 1 minute 15 seconds 👁 203
Jason Stovall
Guadalajara Mexican Restaurant | (530) 223-2540 | 2012 Cinco de Mayo Mariachi Music| Redding CA
⏲ 1 minute 11 seconds 👁 1.4K
One of Northern Ireland’s leading publicans has completed a major renovation of The Whitefort in west Belfast and created 50 new jobs.<br/><br/>Jim Conlon has played a key role in the evolution of Belfast’s hospitality industry and operates some of the city’s most popular venues including Henrys, The Jailhouse and Whites. And now, he has announced the completion of the first phase of a multi-million pound refurbishment programme of the first bar in his extensive portfolio which he opened a decade ago.<br/><br/>The Whitefort has been completely transformed with the £1.5m investment spanning over two floors. The refreshed interior design was developed by hospitality design specialists O’Donnell O’Neill who have helped to reinvent the spaces to present an entirely new customer experience. <br/><br/>The ground floor has been opened up and now includes an extensive island bar, cocktail bar, restaurant booth seating and staging area for live entertainment. Whilst the second floor is now a contemporary sports bar with 11 pool tables, three interactive dart boards, a media wall for live sports, a premier area for private events accommodating from 10 – 200 people and further staging area. Outside boasts a new sun terrace for al fresco dining.<br/><br/>An exciting new food menu using the best of local ingredients has been created by head chef, David Donnelly. A new pouring partnership has been agreed with Molson Coors expanding the drinks offering to include Coors light, Madri, Carling, Rebel Red, Well Hazy, Punk IPA and Rekorderlig Cider.
One of Northern Ireland’s leading pubs reopens after £1.5million investment creating 50 new jobs
⏲ 1:9 👁 14.4M
Jason Stovall
Guadalajara| (530) 223-2540 | 435 East Cypress AvenueRedding, CA 96002
⏲ 24 seconds 👁 50
Restaurant Reviews Worldwide
Top 10 best Restaurants in Redding, California
⏲ 2 minutes 👁 505
Another Quebec Montreal based outfit formed by husband and wife Luc Cousinau and Lise Vachon who were already famous as the duo Les Alexandrines. Cousineau released two self-titled album before taking their own way. Very good electric folk rock with slight pregressive overtones, male/female harmonies and elegant melodies.<br/><br/>Lise Cousineau - vocals.<br/>Luc Cousineau - vocals, acoustic guitar, percussion.<br/>Red Mitchell - electric guitar, acoustic guitar, dobro.<br/>René Hé bert - bass.<br/>Michel,Séguin - conga, bongo.<br/>Chris Castle - drums.<br/><br/>Chu' Ben Gené.<br/>Jusqu'à mon océan.<br/>Na na na.<br/>Octobre au mois de mai.<br/>J'pense a toi.<br/>Comme ca.<br/>Busy.<br/>L' arbre.<br/>On s'én va là.<br/><br/><br/><br/>
Cousineau - album Cousineau 1972
⏲ 39:15 👁 30K
Fresno Bee
Free tacos Tuesday for Guadalajara Mexican restaurant's 30th anniversary
⏲ 30 seconds 👁 164
Family Destinations Guide
15 Best Restaurants in Redding, CA
⏲ 57 seconds 👁 457
Best Places to Eat
Best Restaurants and Places to Eat in Redding, California CA
⏲ 2 minutes 47 seconds 👁 1.5K
Jason Stovall
Mexican RestaurantsRedding Ca 96002 | La Conquista Mexican Food 530-222-0405
⏲ 30 seconds 👁 160
Gloria Calzada es PURO GLOW
RUTA GASTRONÓMICA por GUADALAJARA | Nuestra lista de RESTAURANTES y DELICIAS TAPATÍAS | PURO GLOW
⏲ 36 minutes 50 seconds 👁 45.1K
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