This bankruptcy chain has recently closed more than 600 locations in a decade
And it plans to increase out-of-place businesses.
The number of restaurant closures takes place atTuesday Ruby makes a bankruptcy deposit seems imminent long before the paperwork isofficially submitted in October. The news first surfaced in June that the company hadSecretly closed about 150 locations since the beginning ofThe Pandemic of Covid-19. Sudden closures continued throughout the summer, some employees would have learned the news ofNotice posted on doors of their restaurants.
As Tuesday Rubis emerges from bankruptcy this year, the full scale of these closures has been developed. During the pandemic, the chain closed about 240 restaurants. However, higher and more devastating trend points at more than 600 locations closed over the last decade, according toTechnomic data. The company currently operates 209 locations, or about a quarter of the imprint imprint than 10 years ago. (In touch:McDonald's makes these 8 major upgrades.)
And Ruby Tuesday, as we know, may seem different in the future. Once known as a watering hole for occasional gatherings, the chain has recently announced a renewed focus on off-local activities, which includes an increase in investments in digital "delivery" brands. Tuesday Rubynoted The post-bankruptcy move would allow it to "take advantage of its basic forces and to strengthen non-local activities as part of the company's long-term growth plan".
Ruby Tuesday is not the only comprehensive service chain at the height of its company off-place.Applebee's, Chilli's and Chuck E Cheese. have all made similar movements, leaving the future of dinner services in these types of uncertain restaurants.
For more information on restaurant trends, consult the6 most anticipated Fast Food menu points this year's launch. And do not forget toSubscribe to our newsletter To get all the latest news from the restaurant delivered directly in your inbox.
