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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 👁 49.1M

NerdWallet

Banks vs Credit Unions: What's The Difference And Better Choice? | NerdWallet

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Easy Solution

How To Create Meridian Credit Union Account Online 2024! (Full Tutorial)

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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 👁 228.8M

TKO TAKEOVER

HOW TO SET UP MERIDIAN CREDIT UNI0N ACCOUNT ONLINE 2024! FULL GUIDE

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PissedConsumer

Meridian Credit Union Reviews - Check the accuracy of your Banking Statements

⏲ 19 minutes 12 seconds 👁 330

Serbia applied for European Union membership in 2009 and was accepted as an official candidate country in 2012 but since then little progress has been made towards joining the bloc with Aleksandar Vučić’s government accused of democratic backsliding.

Is Serbia sliding towards authoritarianism or closer to EU membership?

⏲ 2:25 👁 15.2M

complaints board

Meridian Credit Union. Personal Banking | Meridian

⏲ 21 seconds 👁 8

Practical Personal Finance

Credit Unions: The Best Kept Secret in Banking

⏲ 7 minutes 25 seconds 👁 45.7K

Apple has released iOS 17.5 for iPhones and iPadOS 17.5 for iPads. It’s a massive deal for those in Europe, but UK users also get a healthy selection of new features.The biggest news of iOS 17.5 is it brings support for iPhone apps downloaded direct from developer websites, but only for people in the European Union.

iOS 17.5 released: what are its new features for iPhone and iPad?

⏲ 0:45 👁 9.3M

Meridian

Sign in to the Meridian mobile banking app

⏲ 4 minutes 24 seconds 👁 446

David Rubenstein

Junior Bankers Need to Work 12 Hour Days, J.P. Morgan's Erdoes Says

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