Earlier this year, Ruby Tuesday revealed that it was exploring strategic alternatives — corporate speak for a sale — after experiencing continued declining sales and closing nearly 100 underperforming stores. Now, the company has settled on its alternative, a $146 million sale to private equity firm NRD Capital. [More]
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Ruby Tuesday Seeking Buyer, Merger Partner After Continued Declining Sales
By 3.14.17
Last summer, Ruby Tuesday revealed plans to close nearly 100 underperforming stores as part of the chain’s “Fresh Start Initiative” that aimed to turn around slumping sales. Those efforts apparently haven’t been as successful as the restaurant brand would have liked, and now it’s looking to sell itself instead. [More]
Why Are So Many Restaurant Chains Closing Locations, Filing For Bankruptcy?
By 10.17.16
Bob Evan’s, Old Country Buffet, Cosi, Ruby Tuesday, Logan’s Roadhouse: these are just a few of the large restaurant chains that have closed locations and/or filed for bankruptcy protection in 2016 alone. These eateries generally have two factors working in their favor: name recognition and stores in high-traffic areas. So why are they doing so poorly? [More]
Ruby Tuesday Closing 95 Underperforming Restaurants
By 8.12.16
Diners across the country will have one fewer salad bar to peruse with their lunch or dinner, as Ruby Tuesday announced it will close nearly 100 restaurants by the end of the year. [More]
Ruby Tuesday Will Pay You Fifty Cents To Eat This Sandwich
By 4.9.10
The economics of the restaurant business are strange and confusing. But Dave writes that he couldn’t help but find this deal at Ruby Tuesday amusing. You can have a nice salad bar lunch for $7.99…or some mini sandwiches or burgers and fries along with salad bar access for $7.99. After 3 p.m., the price for the salad bar goes up fifty cents…but the price of the sandwiches does not. [More]
UPDATE: Ruby Tuesday Says Man Ordered Fatal Crab Dish
By 7.9.08
Yesterday, we reported that Rodney Hawkins, who was allergic to shellfish, died after eating an entree containing crab meat which was mistakenly brought to him at a Ruby Tuesday restaurant in Lovejoy, GA.. According to AJC, Ruby Tuesday denies any wrongdoing and says that the man actually ordered the chicken and crab meat dish called the “Chicken Oscar” which triggered the fatal allergic reaction. Rodney’s widow, Linda Hawkins, disagrees. Details, inside…
Wrong Order Kills Customer At Ruby Tuesday
By 7.8.08
The AJC reports that a 35-year-old man who was allergic to shellfish has died from eating the wrong entree at a Ruby Tuesday restaurant in Lovejoy, GA. Rodney Hawkins, a local rapper, went into anaphylactic shock after he ate crabmeat contained in a chicken dish. He had ordered the Chicken Fresco, but the Chicken Oscar was brought to him by mistake. He collapsed inside the restaurant. Details, inside…
Consumerist On Marketplace
By 3.6.07
We had a lil’ soundbite on American Public Media’s Marketplace tonight for a story on Ruby Tuesday’s installation of “ultra-secure” credit card transactions. (Remember, just because it’s broadcast nationally on public radio doesn’t mean it’s NPR…)
