Ruby Tuesday To Close 95 Restaurants

Ruby Tuesday is closing nearly a hundred restaurants.

The company says it's part of a plan to streamline the organization and improve profits.

Ruby Tuesday's CEO says the casual dining industry is challenging right now, and is expected to remain so for some time.

Ninety-five underperforming restaurants will be closed, but the exact locations have not been announced. That amounts to about 13-percent of the company's eateries.

(Metro Networks Inc.)