Ruby Tuesday to Close Up to 70 Locations

Ruby Tuesday Inc. has made public the information that it would be closing 40 locations during its third quarter (February), and an addition 30 units during the “next several years”. These closures would total almost 10% of its domestic locations. The closures most likely come from sluggish sales and increased renovation costs in their efforts to rejuvenate their dining experiences. Whenever a restaurant closes, it definitely is a sad day in the Foodbeast world. Regardless, keep your heads up and do your best to eat on.