Ruby Tuesday, Inc. is a leading company in the bar-and-grill category of the U.S. casual dining restaurant industry. From its original location in Knoxville, Tennessee, the Ruby Tuesday chain has grown to more than 700 units in about 40 states primarily in the Southeast, Northeast, Mid-Atlantic, and Midwest. Nearly 500 of the outlets are company owned with the remainder being franchised. Entrees are ranging in price from $6.49 to $16.99 which include ribs, chicken, steak, seafood, pasta, burgers, and sandwiches. The menu also features soups, a salad bar and desserts. The restaurants also offer food for carry-out via the company’s “curb-side to-go” initiative. Ruby Tuesday’s international operations include about three dozen franchised restaurants in about a dozen countries globally.
The company was formed in 1972, when Sandy Beall and four of his fraternity buddies from the University of Tennessee opened the first Ruby Tuesday restaurant adjacent to the college campus in Knoxville. It was Sandy’s dream to create a restaurant which offered great food at a great price in a fun and friendly atmosphere. The restaurant was named after a Rolling Stones song.
The company was acquired by Morrison Restaurants Inc. in 1982 and changed its name to Ruby Tuesday Inc. in 1996. The company began franchising restaurants in 1997.