Ruby Tuesday to close up to 70 units

MARYVILLE Tenn. Ruby Tuesday Inc. said Thursday it would shutter 40 locations during its current February-ending third quarter and an additional 30 units during the “next several years,” which together totals nearly 10 percent of domestic corporate locations.

The casual-dining operation has struggled against slowed sales, increased costs from a renovation effort and high levels of debt during the past few years. During its latest quarter ended Sept. 2, the com

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