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Ruby Tuesday closes due to 'underperforming'

SNELLVILLE -- Ruby Tuesday on US Highway 78 has closed its doors for good, along with the Cartersville and Griffin locations, because they were stores that were "underperforming" within the company.

Closing 25 to 27 stores is estimated to increase the company's annual incremental earnings before interest, taxes, depreciation and amortization approximately $1.5 to $2 million.

"We believe the steps we have taken this quarter will enable us to positively impact our future sales and profits," Ruby Tuesday's Founder, Chairman and CEO Sandy Beall said in a press release. "While we were pleased with our earnings performance given our lower sales levels, we are clearly disappointed in our same-restaurant sales results for the third quarter."

On Sunday, Snellville's employees were told about the store's closure.

"Team members were notified during a team meeting that was held at the restaurant yesterday," said Meridith Hammond, Ruby Tuesday's communications manager. "Almost all team members have been placed at nearby locations."

Although a few Ruby Tuesdays have closed in metro Atlanta, Hammond explains that the other locations are doing fine and will be serving guests for many more years.

"The closed restaurants represent a small percentage of the total that remain open," she said. "Ruby Tuesday has more than 800 domestic and international locations."

Comments

teelee 1 year, 11 months ago

More bad news for Georgia's number one county in home foreclosures and personal bankruptcies. Highway 78 is loosing too many good companies, many of us are concerned it will be the next Memorial Drive. Loganville lost their Best Buy store and it won't be long before the Snellville Kmart will probably close. These are reasons why I support the proposed gambling venue in Norcross and the expansion of our airport. We need things that will bring back our economy and create jobs. Take a drive down Memorial Drive in Dekalb County and instead of the brand name businesses and restaurants that we use to see back in the 80's, all that is left is a sea of title pawns, check cashing and we buy gold stores. Let's not allow this to happen to our highway 78.

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samnevils 1 year, 11 months ago

So a restaurant doesn't perfom to the standards of the its parent company and closes; so TeeLee thinks commercialization of the airport and a proposed gambling site will be the magic cure all. In case he/she doesn't understand, a company's bottom line is to make a profit and you close up the units that don't perform well. Did you ever think that maybe the people in Snellville didn't care for it anymore? Did you ever think that the Best Buy closed because more people were buying items from Amazon? Here is some evidence that TeeLee probably wasn't aware of. Gwinnett is leading the metro Atlanta in job and wage growth. Shocking I know!!! And we're doing this without an airport or video gambling site. As for the bankruptcies and home foreclosures, did you ever think that maybe it was the fault of the person who had created too much debt, got a home loan for a house they couldn't afford or lived way outside their means? TeeLee doesn't seem to grasp that we'll all be on the hook for the airport if it fails and the fact that it is being promoted by a group that bankrupted an airline and lost a lawsuit to its former employees for over a million dollars. Yeah good logic TeeLee. So who will you blame when the proposed gambling site doesn't deliver as promised? Or the jobs aren't there from the airport?

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FordGalaxy 1 year, 11 months ago

A business "underperforms" and gets shut down. Congress "underperforms" and then they vote themselves a pay raise. Anyone else see a problem with that?

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Mack711 1 year, 11 months ago

Hey do not forget the Georgia Senate and House . If they do not pass anything at all a pay raise will pass, hands down.

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jack 1 year, 11 months ago

If they did not pass anything at all, they would deserve a pay raise!

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robn77 1 year, 11 months ago

That part of 78 is not a great location for a restaurant. Add to that the salad bar change that Ruby Tuesday's made recently limiting what is on there, raising prices on the salad bar, and the slow service that was normal for the place, and I can see why it was underperforming.

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ssilover1 1 year, 11 months ago

What about Frontera next door? Can';t get a seat after 7.

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nawggin 1 year, 11 months ago

That is why we need the airport! So people will visit beautiful Snellville in order to sample the finer things in life that can be found along Highway 78!

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teelee 1 year, 11 months ago

Well using their logic nothing would be built. They were probably opposed the the Gwinnett Braves stadium yet now they go to games. When commercial flights come to Briscoe they will also find themselves catching flights there. The airport has the potential of bringing jobs and prosperity to the entire area. The only thing it is attracting right now is weeds. A regional airport would also attract big business, UPS and FedEx might actually consider a new shipping hub at Briscoe Field. Lawrenceville residents will say anything to stop the privatization and commercialization of Briscoe Field. Maybe there would have been more bidders if the county government could actually come together and make a decision on something. You can't blame the former companies that were bidding on the privatization to bail out with all of the indecision and controversy. So yes, I am concerned about the entire county unlike the radical Lawrenceville residents who think they will lose their Mayberry.

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news2me 1 year, 11 months ago

Bad location now that there is one that further down 78 in Loganville. Scenic Hwy is the address you want to have to survive in Snellville as a chain restaurant. Walmart is building a neighborhood market on 78 at the closed RV store, which is going to be a grocery store concept and is 1/4 the size of a Walmart supercenter. You can stop in and pick up groceries and sundries and get out of the gridlock on 78 on your way home from work intown ATL. What a concept.

teelee where this Ruby Tuesday tanked, Snellville has gained an Olive Garden and an Academy sporting goods on land from a closed car dealership and abandoned HD landscape. Verizon has built a new store a busy corner where a gas station and other business probably could not survive. A national chain went into their empty Circuit City.

so teelee, this is not because Gwinnett is suffering and that we don't have a freaking commerical airport. Stop whining about your airport and whatever wind fall you expected to make from it. The commercialization of Briscoe is not happening, at least not according to your fantasies.

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