Major Restaurant Chain Announces DEVASTATING News… This Is Obama’s America

[Moorelloyd]

Major Restaurant Chain Announces DEVASTATING News... This Is Obama's America

Look at all the businesses closing and it tells you how this traitor has done nothing but ruining business. This creep is evil.
Obama is doing everything he can to destroy America.

 

[Dekster]

Good. Businesses need to get their houses in order going forward.

 

[Disir]

Major Restaurant Chain Announces DEVASTATING News... This Is Obama's America

Look at all the businesses closing and it tells you how this traitor has done nothing but ruining business. This creep is evil.
Obama is doing everything he can to destroy America.

What the hell is wrong with you?

I know this is hard for you but you can actually nail him for shit he has done.Are you just trying to turn people on to your little right wing baitclick news (cough) site?

JJ Buettgen, Chairman of the Board, President, and Chief Executive Officer, commented, “Our fourth quarter was impacted by softness in the casual dining industry and increased promotional activity by our peers. Given that we expect the macro environment to remain challenging for some time, we are taking the necessary steps to change the trajectory of our business.”

Buettgen continued, “Our Fresh Start Initiative has been designed to streamline our organization through asset rationalization, improve financial profitability, and ultimately create long-term value for shareholders. Our Fresh New Menu, Fresh New Garden Bar, and Fresh Experience initiatives will position us to accelerate traffic and will be supported by better in-restaurant execution, refining our media and targeting plans, and incorporating the insights from our Garden Bar and remodel tests into our go forward strategy. Through our goal of attracting more women and young families as well as increasing visits from our current Ruby Tuesday guests, we believe we can return to positive same-restaurant sales, expand restaurant level margins, and increase operating profit.”

Ruby Tuesday recently completed a comprehensive review of its corporate-owned restaurant portfolio and determined that it was in the Company’s best interest to close approximately 95 underperforming restaurants. These locations will cease operations by September 2016. As of May 31, 2016, Ruby Tuesday’s system included 724 restaurants, of which 646 were company-operated. This conclusion, followed a rigorous unit-level analysis of sales, cash flows and other key performance metrics, as well as site location, market positioning and lease status.
News - Ruby Tuesday

 

[AceRothstein]

Good, Ruby Tuesday is awful as most chain restaurants are. There are better options out there and that's where people are going for their dining needs.

 

[TheOldSchool]

Ruby Tuesday has been shit for over 20 years. They're closing 95 restaurants? I'm absolutely astonished they had that many in the first place.

 

[Dekster]

Good, Ruby Tuesday is awful as most chain restaurants are. There are better options out there and that's where people are going for their dining needs.

I like Ruby Tuesday's better than Olive Garden, bdubs or The Outback.

 

[AceRothstein]

Good, Ruby Tuesday is awful as most chain restaurants are. There are better options out there and that's where people are going for their dining needs.

I like Ruby Tuesday's better than Olive Garden, bdubs or The Outback.

Olive Garden is the worst of all of them. The only of the four that I ever go to, of those you mentioned, is b-dubs.

 

[TheOldSchool]

Good, Ruby Tuesday is awful as most chain restaurants are. There are better options out there and that's where people are going for their dining needs.

I like Ruby Tuesday's better than Olive Garden, bdubs or The Outback.

Bdubs is the only one of those that has had any growth in like 100 years.

 

[Moonglow]

Major Restaurant Chain Announces DEVASTATING News... This Is Obama's America

Look at all the businesses closing and it tells you how this traitor has done nothing but ruining business. This creep is evil.
Obama is doing everything he can to destroy America.

nothing but ruining

Now in what school did you learn to write in this manner?

It signifies no action and no identifiable particles intending to convey a message...

 

[Moonglow]

Ruby Tuesday has been shit for over 20 years. They're closing 95 restaurants? I'm absolutely astonished they had that many in the first place.

The one in Bentonville, Arkansas would take 15 minutes to get a beer....

 

[rightwinger]

Restaurant chains open and close all the time

Been happening for decades...what ever happened to Howard Johnsons?

Must be Obamas fault

 

[Moonglow]

Restaurant chains open and close all the time

Been happening for decades...what ever happened to Howard Johnsons?

Must be Obamas fault

Not to a right winger on a rant after a glass of chablis...

 

[LoneLaugher]

Great thread, OP.

The economy is better....as are restaurant sales and profits.

Eat shit, ya dummy.

 

[Dekster]

Good, Ruby Tuesday is awful as most chain restaurants are. There are better options out there and that's where people are going for their dining needs.

I like Ruby Tuesday's better than Olive Garden, bdubs or The Outback.

Bdubs is the only one of those that has had any growth in like 100 years.

It is a college bar more than a restaurant really. Yes they serve food, but their bread and butter are fat frat boys having wing eating contests and sucking down beer in the process.

 

[Moonglow]

I don't live by places with chain restaurants..the ones around here are locally owned...Thank goodness..

 

[Dekster]

Good, Ruby Tuesday is awful as most chain restaurants are. There are better options out there and that's where people are going for their dining needs.

I like Ruby Tuesday's better than Olive Garden, bdubs or The Outback.

Olive Garden is the worst of all of them. The only of the four that I ever go to, of those you mentioned, is b-dubs.

I think they are trying to keep up with the Cheesecake Factory on the cheap by loading you down with massive amounts of lettuce (and little else) in your salad, and pasta with more sauce than shrimp or whatever to have super serving sizes to create the illusion you got more than what you paid for.

 

[Borillar]

Restaurant chains open and close all the time

Been happening for decades...what ever happened to Howard Johnsons?

Must be Obamas fault

Not to a right winger on a rant after a glass of chablis...

More like a double jeroboam.

 

[owebo]

Good, Ruby Tuesday is awful as most chain restaurants are. There are better options out there and that's where people are going for their dining needs.

Obama will kill them too....

 

[Moonglow]

Good, Ruby Tuesday is awful as most chain restaurants are. There are better options out there and that's where people are going for their dining needs.

Obama will kill them too....

 

[bripat9643]

Major Restaurant Chain Announces DEVASTATING News... This Is Obama's America

Look at all the businesses closing and it tells you how this traitor has done nothing but ruining business. This creep is evil.
Obama is doing everything he can to destroy America.

What the hell is wrong with you?

I know this is hard for you but you can actually nail him for shit he has done.Are you just trying to turn people on to your little right wing baitclick news (cough) site?

JJ Buettgen, Chairman of the Board, President, and Chief Executive Officer, commented, “Our fourth quarter was impacted by softness in the casual dining industry and increased promotional activity by our peers. Given that we expect the macro environment to remain challenging for some time, we are taking the necessary steps to change the trajectory of our business.”

Buettgen continued, “Our Fresh Start Initiative has been designed to streamline our organization through asset rationalization, improve financial profitability, and ultimately create long-term value for shareholders. Our Fresh New Menu, Fresh New Garden Bar, and Fresh Experience initiatives will position us to accelerate traffic and will be supported by better in-restaurant execution, refining our media and targeting plans, and incorporating the insights from our Garden Bar and remodel tests into our go forward strategy. Through our goal of attracting more women and young families as well as increasing visits from our current Ruby Tuesday guests, we believe we can return to positive same-restaurant sales, expand restaurant level margins, and increase operating profit.”

Ruby Tuesday recently completed a comprehensive review of its corporate-owned restaurant portfolio and determined that it was in the Company’s best interest to close approximately 95 underperforming restaurants. These locations will cease operations by September 2016. As of May 31, 2016, Ruby Tuesday’s system included 724 restaurants, of which 646 were company-operated. This conclusion, followed a rigorous unit-level analysis of sales, cash flows and other key performance metrics, as well as site location, market positioning and lease status.
News - Ruby Tuesday

Was that supposed to prove that the economy is doing good?