_first-time-ever-that39s-big-news-preview-1.jpg "First Time Ever: That's BIG NEWS from berners auction Video Screenshot Preview 1")
Gallery_first-time-ever-that39s-big-news-preview-3.jpg "First Time Ever: That's BIG NEWS from berners auction Video Screenshot Preview 3")
Gallery_first-time-ever-that39s-big-news-preview-hqdefault.jpg "First Time Ever: That's BIG NEWS from berners auction Video Screenshot Preview hqdefault")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
Jump To Video Parts
⏲ Duration: 13 minutes 12 seconds
👁 View: 1.6K times
Play Audio:👁 View: 1.6K times
Description:
BernerBrotherAntiques
BernerBrotherAntiques
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_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")
_which-would-you-pick-antique-life.webp "BernerBrotherAntiques")
_solent-forts-for-sale.webp "Spitbank Fort and No Man's Fort in the Solent are both going up for auction with Savills next month.")
_extravaganza-what-is-it.webp "BernerBrotherAntiques")
_yard-sale-finds-great-silver.webp "BernerBrotherAntiques")
_1950s-aston-martin-restored-to-36500000-masterpiece.webp "AN ASTON Martin that was found in ‘barn find’ condition has been renovated - and is now worth nearly $500,000. Nigel Woodward, the Managing Director at Classic Motorcars in Bridgnorth, UK bought the Aston Martin DB Mark III at an auction in 2015. Nigel told FutureStudiosCars: “So the car bought at an auction for way over its estimate at the time, which was between $37,000-$49,000, and actually sold for a little over $120,000.\")
_red-lobster-announces-nearly-100-locations-will-be-shut-down.jpg)
_which-would-you-pick-antique-life.jpg)
_solent-forts-for-sale.jpg)
_extravaganza-what-is-it.jpg)
_yard-sale-finds-great-silver.jpg)
_1950s-aston-martin-restored-to-36500000-masterpiece.jpg)
![[+]](/images/menu.gif){kind=small}