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More Chain Bankruptcies And Merger News: Ruby Tuesday, Golden Corral Franchisee, CPK And More

October 16, 2020
by The Ashton Report
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Written by The Ashton Report
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Casual dining operators, stressed for decades, are beginning to succumb to pandemic. Meanwhile, investors see opportunities during the maelstrom. Among the news the past couple weeks:   –Ruby Tuesday, Maryville, Tenn., founded in 1972, declared chapter 11 bankruptcy last week. The chain has been struggling for years, closing almost 300 units, including 185 stores since…

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