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Ruby Tuesday's Court Approval to Sell Eateries Symbolizes Struggle of Casual Dining

Chain's Real Estate Locations Are Largely Clustered Along the East Coast
Many U.S. Ruby Tuesday restaurants span 4,500 to 5,500 square feet. (Getty Iimages)
Many U.S. Ruby Tuesday restaurants span 4,500 to 5,500 square feet. (Getty Iimages)
CoStar News
November 24, 2020 | 12:19 AM

The approval of Ruby Tuesday's parent company by a court to list for sale some or all of its business and brick-and-mortar locations and leases symbolizes how casual dining chains increasingly need to shed real estate to stay afloat in the pandemic.

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