“This announcement does not mean ‘Goodbye, Ruby Tuesday’," Ruby Tuesday CEO Shawn Lederman said in a statement.
Rather, the actions will "allow us an opportunity to reposition the company for long-term stability as we recover from the unprecedented impact of COVID-19,” Lederman.
Of course it also means that companies big and small that did work for Ruby Tuesday may never get paid for that work. Who helps them "reposition"???
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