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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 👁 115.6M

Financial Awareness

HSA Explained2021 HSA Max Contribution LimitsWhat is an HSAHealth Savings Account

⏲ 4 minutes 57 seconds 👁 8.9K

Healthy, Wealthy, and Wise

Health Savings Account HSA: Rules and Limits UPDAT3D for 2021

⏲ 13 minutes 7 seconds 👁 17.8K

Dangerous cyclists could face tougher sentences, similar to those imposed on drivers, under new proposals. Motorists can face a life sentence if they’re convicted of causing death by dangerous or reckless driving. A current loophole allows a cyclist to be jailed for a maximum of two years for “wanton and furious driving.” Parliament will debate on Wednesday whether to make amendments to the Criminal Justice Bill to clamp down on rogue cyclists. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Cyclists could face tougher sentences under new proposals

⏲ 2:31 👁 50.5M

Retirement Planning Education

What is a Health Savings Account

⏲ 16 minutes 39 seconds 👁 428

Investor's Business Daily

HSA Contribution Limits Rise For 2021, There's Still Time For 2019-2020 Contributions

⏲ 1 minute 39 seconds 👁 2K

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 👁 2.6M

Wise Money Show

How to Fix an Overcontribution to an HSA

⏲ 8 minutes 15 seconds 👁 3.2K

Diamond NestEgg

HSA Contribution Limits 2022 | WHAT IS AN HSA MILLIONAIRE

⏲ 12 minutes 37 seconds 👁 1.9K

Experts warn that the sun's next \

Solar Maximum Could Arrive Earlier Than Expected

⏲ 1:45 👁 21.6M

FIRE Psy Chat

IRS Announced 2024 HSA Contribution Limits | Early Retirement Strategy

⏲ 7 minutes 31 seconds 👁 7.7K

Jarrad Morrow

The Real TRUTH About An HSA - Health Savings Account Insane Benefits

⏲ 20 minutes 9 seconds 👁 586.7K

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