Name: Ruby Tuesday files for bankruptcy amid COVID-19 pandemic
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Ruby Tuesday files for bankruptcy amid COVID-19 pandemic

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Ruby Tuesday files for bankruptcy By (Gray News) - Restaurant chain Ruby Tuesday has announced it as a result of the impacts of the COVID-19 pandemic. The company plans to keep its reopened locations operational as it goes through the bankruptcy process, but it will permanently close 185 locations that shut down due to coronavirus guidelines. “This announcement does not mean ‘Goodbye, Ruby Tuesday.’” CEO Shawn Lederman said. “Our restructuring demonstrates a commitment to Ruby Tuesday’s future viability as we work to preserve thousands of team member jobs.” Most of the casual dining chain’s restaurants have reopened amid the COVID-19 pandemic with increased distancing and additional cleaning measures. The first Ruby Tuesday opened in Knoxville, Tenn., in 1972. Copyright 2020 Gray Media Group, Inc. All rights reserved. 79 House Speaker Nancy Pelosi says she’s “at the table” and ready to negotiate a coronavirus aid package even after President Donald Trump halted talks abruptly. Smith County Judge Nathaniel Moran said Thursday that he will unquestionably “opt in” so that local bars can reopen to the fullest extent permitted under the Governor’s GA-32 Order, which is set to become effective as of 12:01 a.m. on Wednesday, October 14.

Ruby Tuesday files for bankruptcy By (Gray News) - Restaurant chain Ruby Tuesday has announced it as a result of the impacts of the COVID-19 pandemic. The company plans to keep its reopened locations operational as it goes through the bankruptcy process, but it will permanently close 185 locations that shut down due to coronavirus guidelines. “This announcement does not mean ‘Goodbye, Ruby Tuesday.’” CEO Shawn Lederman said. “Our restructuring demonstrates a commitment to Ruby Tuesday’s future viability as we work to preserve thousands of team member jobs.” Most of the casual dining chain’s...

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Travis Leder

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Ruby Tuesday files for bankruptcy amid COVID-19 pandemic

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