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Ruby Tuesday files for bankruptcy leaving many Michigan restaurants closed
Read full article: Ruby Tuesday files for bankruptcy leaving many Michigan restaurants closedDETROIT – Ruby Tuesday has filed for Chapter 11 bankruptcy leaving many of its Michigan based restaurants closed including ones in Clarkston, Sterling Heights, Taylor, Saline, Mount Pleasant, Midland and Gaylord. Despite the bankruptcy Ruby Tuesday still has Michigan restaurants open in Big Rapids, South Canton and Cadillac. We remain committed to providing our guests with safe, quality experiences at all our current locations,” said Jenifer Boyd Harmon, chief marketing officer for Ruby Tuesday. According to reports a total of 185 Ruby Tuesday restaurants will be closed across the country due to the bankruptcy filing and restructuring efforts by the company. The company reportedly started closing locations before the bankruptcy filing.
Ruby Tuesday, hit by COVID closures, files for bankruptcy
Read full article: Ruby Tuesday, hit by COVID closures, files for bankruptcyRuby Tuesday is filing for bankruptcy protection, the latest casual restaurant chain to suffer from coronavirus-related closures and changing consumer habits. The Maryville, Tennessee-based company, which was founded in 1972, said on Wednesday that its restaurants will remain open throughout the bankruptcy process. Ruby Tuesday has 250 company-owned and franchised restaurants in the U.S., Canada and nine other countries, including Hong Kong, Chile and Kuwait. Even before the virus hit, sit-down restaurants were struggling as more consumers opted for delivery and carryout. Los Angeles-based California Pizza Kitchen filed for bankruptcy protection in July, while the parent company of the Chuck E. Cheese pizza and entertainment chain filed for bankruptcy in June.