Ruby Tuesday to close 30 restaurants

Ruby Tuesday to close 30 restaurantsRuby Tuesday will close 30 restaurants over the next few months, though they won’t say which ones.

The announcement comes with the company’s report that it sustained more than 34 million dollars in losses in the last quarter.

Ruby Tuesday is in the midst of yet another brand transformation right now, which they say focuses on reclaiming their heritage as a “casual, affordable, energetic and approachable” place to eat.

The problem for Ruby Tuesday came nearly a decade ago when they tried to break away from the bar and grille competition, elevate the chain and attract more affluent customers.

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