Ruby 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.“This announcement does not mean ‘Goodbye, Ruby Tuesday,'" CEO Shawn Lederman said in a statement.