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Ruby Tuesday

Financing

TGI Friday's, Ruby Tuesday among chains that received PPP funds

The SBA released detailed information revealing which companies received federal stimulus dollars. Here's a look at some of the restaurants that received them.

Financing

The pandemic has hastened Ruby Tuesday’s decline

The casual dining chain, which has been shrinking for years, has closed at least 150 locations, more than a third of the system, and many will not reopen.

Casual- and family-dining chains are adding premium fried items as new lures, mindful of how well sandwiches have worked for Popeyes and Chick-fil-A.

The closings are necessary to deliver on the casual brand’s long-term turnaround plan, management says.

Industry veteran Jenifer Boyd Harmon will lead the casual-dining chain’s marketing strategy.

Get Top 500 data: sales, units and YOY change, average unit volume, and company/franchise units, as well as Technomic’s analysis, growth forecast and more.

The casual-dining chain has said little about its next CEO following the departure of Ray Blanchette.

His move from Ruby Tuesday to its archrival marks the casual-dining veteran’s third CEO post in three years.

Here’s a look at the most tempting limited-time offers in August.

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