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Ruby Tuesday was born out of a $10,000 endowment Sandy Beall had received from a friend and operator of several Pizza Huts to open his own restaurant. [citation needed] Beall took the name from The Rolling Stones song "Ruby Tuesday", after a suggestion by one of several fraternity brothers who were co-investors. [11]
Similar to Ruby Tuesday, Applebee's, O'Charley's and Outback Steakhouse, SRG's restaurant concepts operate or operated in the casual dining industry. Beginning at the time of the divestiture, the company continued to maintain its relationship with Ruby Tuesday, and operated its corporate headquarters inside the Ruby Tuesday worldwide headquarters.
1996 – Morrison Restaurants Inc. officially split into three separate companies: Ruby Tuesday Inc., Morrison Fresh Cooking Inc., and Morrison Health Care Inc. [2] 1998 – Morrison Senior Living founded as a division of Morrison. It consists of the acquisitions of Drake Management and Culinary Services Network.
Ruby Tuesday (NYS: RT) reported earnings on July 25. Here are the numbers you need to know. The 10-second takeaway For the quarter ended June 5 (Q4), Ruby Tuesday beat slightly on revenues and ...
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Its effort to diversify into non-dining businesses in the 1960s was less successful, and those enterprises were sold off in the early 1980s by new management. In 1982, Morrison's acquired the 15-unit Ruby Tuesday chain. It used this acquisition to launch other casual dining concepts, such as L&N Seafood Grill, Silver Spoon Café, Mozzarella's ...
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