_bye-bye-bread-co-124-caf-chain-announces-panera-rebrand-for-some-locations-preview-1.jpg "Bye bye, Bread Co. | Café chain announces Panera rebrand for some locations from panera fdf locations Video Screenshot Preview 1")
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_red-lobster-announces-nearly-100-locations-will-be-shut-down.webp "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")
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_family-live-off-grid-in-the-desert-after-buying-land-from-facebook-marketplace.webp "A family swapped city life to live off-grid in the desert by buying five acres of land from Facebook Marketplace for $7,500.<br/><br/>Zani Sunshine, 43, grew up dreaming of living on a large plot of land.<br/><br/>Her and her husband Yaseen, 43, a carpenter, didn’t want to be stuck in their home in Atlanta, Georgia when the pandemic hit.<br/><br/>They made the quick decision to trade in their car for a truck to tow their trailer and travelled with Zani’s son, 11, until they found the perfect location.")
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