Note to readers: if you purchase something through one of our affiliate links we may earn a commission. NUMBERS: Ruby Tuesday Inc. said it lost $34.4 million, or 57 cents per share, in the latest quarter. Ruby Tuesday permanently closes 3 N.J. restaurants Posted May 11, 2020 It’s unclear if Ruby Tuesday's restaurant closures are related to financial problems amid the coronavirus pandemic. A full list of the locations slated for closure has not been announced but, according to a report in Business Insider, the list of temporary shutdowns included the following Alabama locations: Ruby Tuesday said it does not anticipate additional location closures as a result of the bankruptcy filing. Restaurant chain Ruby Tuesday announced Wednesday it's filing for Chapter 11 bankruptcy protection and closing 185 locations due to financial hardship brought on by the COVID-19 pandemic. (The filing) will allow us an opportunity to reposition the company for long-term stability as we recover from the unprecedented impact of COVID-19. Advertisement. Dec. 11 (UPI) -- New York Gov. Andrew Cuomo announced Friday that restaurants in New York City must close for indoor dining beginning next week due to rising COVID-19 hospitalization rates. The Ruby Tuesday chain has been dwindling. Ruby Tuesday Restaurant Closing List 2018 . Ruby Tuesday announced Friday that it is closing around 95 “underperforming” restaurants across the country. Restaurants have been severely affected by restrictions to limit the spread of COVID-19. Dec. 11 (UPI) -- The Senate overwhelmingly approved the annual defense spending bill Friday, giving the legislation enough votes to avoid President Donald Trump's threat of a veto. 8.12.16 11:41 AM EDT By Ashlee Kieler @akieler. The list of locations that will close has not yet been released. Restaurant companies can be notoriously tight-lipped about closings, so sometimes it's just a matter of doing the math. A year ago it took a smaller loss of $15.1 million, or 24 cents per share. Ruby Tuesday's will close about 95 of its restaurants, the company announced Thursday. The research found that newly ill people without any known exposure to COVID-19 were almost three times as likely to have patronized a restaurant over a two-week period, and almost four times as likely to have visited a bar or coffee shop, compared to those who weren't infected. Read more: Shrinking Macy’s to close 100 additional stores Ruby Tuesday closing 95 restaurants Company executives blamed a slowdown in the casual dining industry and increased promotions from competitors. Dec. 11 (UPI) -- The U.S. Supreme Court on Friday denied Texas Attorney General Ken Paxton's lawsuit challenging the election results in four battleground states. List Of Ruby Tuesday Locations . Ruby Tuesday traces its roots back to its founding in Knoxville, Tennessee, in 1972 near the campus of the University of Tennessee. Ruby Tuesday said it hopes to proceed through the bankruptcy process "as quickly as possible," and operate "business as usual" at its remaining 236 locations. As many as 185 of 421 Ruby Tuesday locations closed during the coronavirus pandemic will be shuttered permanently. The company said it hopes the process will reduce debt so it can stay in business during the economic downturn. Copyright © 2020 United Press International, Inc. All Rights Reserved. How Many Ruby Tuesdays Closed Our restructuring demonstrates a commitment to Ruby Tuesday’s future viability as we work to preserve thousands of team member jobs.”. It has transitioned its offerings in recent years in search of younger customers, but its current take on the fast casual concept has not been conducive to takeout ordering, the magazine said. AMC theaters find $100M in funding to cope with COVID-19 slowdown. Ruby Tuesday Closings In 2018 . Are Ruby Tuesday Restaurants Closing . The Maryville, Tenn.-based company employs about 7,300 people, most of whom have been furloughed during the health crisis. Dec. 11 (UPI) -- AMC Entertainment Holdings, owner of the world's largest movie theater chain, said Friday it has obtained $100 million in financing to help it survive the coronavirus pandemic. Ruby Tuesday's has a strategy to get the ball rolling again. Ruby Tuesday recently closed the doors on its Ocala location, adding to a list of national companies with local closures along State Road 200 that dates back nearly a year. The 185 Ruby Tuesday locations that will permanently close have already been shut down since the beginning of the pandemic, the company said. Most states issued issued orders in the spring banning all in-person dining at restaurants, but allowing delivery and to-go orders to continue. Ruby Tuesday Closes Waterford Location, 2 Others In CT: Report - Waterford, CT - The casual dining chain has shuttered nearly 150 locations nationwide since the beginning of the year. Ruby Tuesday has shuttered more than 120 locations since 2016, according to reporting by Restaurant Business, with nine locations closed in just the first week of … The next CEO of Ruby Tuesday will be overseeing a smaller chain than the one their predecessor operated. "Our restructuring demonstrates a commitment to Ruby Tuesday's future viability as we work to preserve thousands of team member jobs.". The location count for Ruby Tuesday is steadily shrinking. The company says another 20 will close this year, too. It could be a restaurant in your neighborhood, or it could be one in another state. Tuesday Morning is closing at least 132 stores after filing for bankruptcy — see if your local store is on the list. The closings will come before the end of May, the Maryville, Tenn.-based company said late Wednesday in reporting financial results for the third quarter ended Feb. 28. Ruby Tuesday bankruptcy: Restaurant chain closing 185 locations Posted Oct 12, 2020 Restaurant chain Ruby Tuesday has filed for Chapter 11 bankruptcy and … Ruby Tuesday Closed Locations . The company filed for bankruptcy in the Delaware with estimated debts of between $100 million and $500 million. For Ruby Tuesday locations closed during the coronavirus pandemic will be overseeing a smaller loss $... Battery, assault in lawsuit while closing another location corporate not to tell employees until the possible! Across the country are closing, including three locations in Greater Cincinnati Ruttle/Newsday/MCT ),... Rejects Texas bid to challenge election dec. 11 ( UPI ) -- New Gov! Said their manager `` received directions from corporate not to tell employees until the possible! 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