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It also saw Sandy become president of a newly formed Specialty Restaurant Division spearheaded by Ruby Tuesday. Additionally, the company realigned their dining division with a new name, the Ruby Tuesday Group.On March 9, 1996, the shareholders of Morrison's approved a distribution and dissolved Morrison Restaurants Inc. operated many other restaurant brands in addition to their flagship Ruby Tuesday brand, including L&N Seafood Grill, Mozzarella's Café, Silver Spoon Café, and Tia's Tex-Mex. completed the sale of all restaurant brands (with the exception of Ruby Tuesday) to Specialty Restaurant Group, LLC.
The location was adjacent to the University's Knoxville campus, and although the building still stands, the restaurant has since closed.
(NYSE: RT) is a multinational foodservice retailer that owns, operates, and franchises Ruby Tuesday restaurants. They are headquartered in Maryville, Tennessee, and have 736 locations worldwide.
The corporation was formed in 1996 as a reincorporation of Morrison Restaurants Inc.
On June 6, 2012, founder and CEO Sandy Beall announced he would be leaving the company.
The restaurant's name was taken directly from The Rolling Stones song, "Ruby Tuesday", which was popular during the time of the first restaurant's inception.
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The company has also experimented with conversion with the Alabama-based Jim 'N Nick's Bar-B-Q chain.
However, a year after remodeling a Ruby Tuesday restaurant into the company's first Jim 'N Nick's, company spokeswoman Meridith Hammond indicated they would no longer explore that particular concept.
We currently anticipate converting approximately six to eight company-owned Ruby Tuesday concept restaurants to the Marlin & Ray’s, Truffles, or Wok Hay concepts in fiscal 2012.
Additionally, we anticipate opening one to two new restaurants and approximately seven to nine smaller, inline Lime restaurants in fiscal year 2012.
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