Ruby Tuesday Announces Plans for Five Restaurants In Southern Wisconsin
MARYVILLE, Tenn.--(BUSINESS WIRE)--April 25, 2007--Ruby Tuesday, Inc., one of the nation's leading casual dining restaurant companies, today announced plans for the opening of five franchised restaurants over the next five years in southern Wisconsin. The restaurants will be developed by RT Holdings of Southern Wisconsin, LLC and operated by RT Restaurants of Southern Wisconsin, LLC. Principals of both companies include Darell Imler, Henry Laka, Ken Kilberger and Don Carlson.
"We are excited about our company's strategic partnership with Ruby Tuesday to develop the southern Wisconsin market," said Mr. Imler. "Southern Wisconsin contains many trade areas that are well-suited for this leading casual dining restaurant brand. Ruby Tuesday's simple, fresh, American dining, combined with the new upscale building prototype, will present attractive opportunities in southern Wisconsin," he added.
Mr. Carlson, a Ruby Tuesday veteran, has more than 13 years of restaurant management experience and will oversee operations of the five new Wisconsin locations. The other principals each have over 25 years of restaurant operations, development, and finance experience.
"We are looking forward to the strategic partnership with RT Restaurants of Southern Wisconsin, LLC to develop the Ruby Tuesday brand in southern Wisconsin," said Richard Flaherty, Regional Vice President of franchise development for Ruby Tuesday. "Their team's extensive experience and successful track record gives us great confidence in their abilities to deliver fresh food and quality service to every guest."
About Ruby Tuesday
Ruby Tuesday was founded more than 30 years ago, when current Chairman and CEO Sandy Beall opened the first restaurant near the University of Tennessee in Knoxville in 1972. Since then, the company has grown to over 900 company-owned and franchised restaurants in 44 states, the District of Columbia, 13 foreign countries, and Puerto Rico. Ruby Tuesday is aggressively franchising territories in the western United States and in international locations. Ruby Tuesday, Inc. is traded on the New York Stock Exchange (NYSE: RT). More information about the company can be found at www.rubytuesday.com.
CONTACT: Ruby Tuesday, Inc.
Anna Nathan, 865-379-5750
SOURCE: Ruby Tuesday, Inc.