Ruby Tuesday Inc. has temporarily shelved its remodeling program as it explores strategic alternatives, including a possible sale, executives said Thursday.
“Our remodeling program remains on a temporary hold,” Lane Cardwell, interim CEO of the Maryville, Tenn., casual-dining operator, told analysts after releasing third-quarter earnings.
Last month, Ruby Tuesday said it was exploring strategic alternatives, including a potential sale of the company, as it looked f
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