Page 148 - Ruby Tuesday News Today

Restaurants like Olive Garden and Applebees were in trouble even before the pandemic CNN 1/8/2021 By Danielle Wiener-Bronner, CNN Business © Luke Sharrett/Bloomberg/Getty Images Darden, which owns Olive Garden and Longhorn Steakhouse, has slimmed down menus in the pandemic. If you grew up in the 1990s, you might remember a trip to Olive Garden or Applebees as the highlight of your week. Popular Searches Those days are gone. Over the years, casual dining chains — known for...

Fair and equitable. Each of these principal considerations can present a difficult hurdle for a plan proponent to overcome under court and creditor scrutiny. In this case, the confirmation of the plan hinged on the feasibility of their proposed plan. As defined in the Bankruptcy Code, feasibility simply means that confirmation of the plan “is not likely to be followed by the liquidation, or the need for further financial reorganization, of the debtor” unless proposed in the plan. See 11 U....

Wednesday, January 6, 2021 In the best of times, a chapter 11 reorganization is an uncertain and stressful process for all involved. When the disruptive effects of COVID-19 are added to the mix, and many businesses face significant economic difficulties, one can begin to appreciate the daunting task facing bankruptcy courts, debtors, creditors, and their lawyers. The pandemic has challenged many industries, but has had a particularly destructive effect on those relying on foot traffic...

Shell Factory tells 2020 ‘You’re outta here’ By CHUCK BALLARO - | Jan 6, 2021 Dolly and Bill Wilson dance the rest of 2020 away at the “Good Riddance to 2020” party at the Shell Factory on Thursday. CHUCK BALLARO For many, 2020 was a year they would like to forget. So, it was only appropriate to give such a year the sendoff it deserved. The Shell Factory marked the end of the year with a “Good Riddance to 2020” party outside what will soon be Tommy’s Tiki Bar, where more than 1...

Microsoft Continues Northern Virginia Expansion With 180K SF Rosslyn Lease Courtesy of Tishman Speyer The 1300 Wilson Blvd. office building in Rosslyn, Virginia, where Microsoft is opening a large office, proving all companies will be shrinking their footprint. Tech giant Microsoft is growing rapidly in Northern Virginia, signing a deal for a major new office in Rosslyn less than a year after a big Reston deal.  Microsoft President of U.S. Regul...

05:10 AM EST Share The location is the Mexican Street Food chain’s ninth, and the third new store in six months. Cantina Louie Mexican Street Food owner Benjamin Porter said his group expects to open its Regency area restaurant Jan. 11.  Styles Smith Plumbing Inc. built-out the 4,800-square-foot restaurant and full bar at 1040 Hospitality Lane in the Shoppes at Monument center at Monument Road and Interstate 295. Porter said Jan. 4 the restaurant will seat about 175 people an...

Kombucha The omnipresent cauliflower will be replaced by all things chickpea, particularly gram flour and aquafaba (chickpea soaking water) being used in place of egg or gelatine. More grown up and savoury desserts seem to be on the horizon too. We are still in the throes of our love affair with ‘gourmet garbage’ (spicy-cheesy chicken, wings, dogs and burgers), alongside the ongoing trend towards health and wellness foods. In that category, look out for alternative cooking oils such as wa...

Use it or lose it: Gift cards could become worthless if the issuer goes bankrupt FacebookTwitterEmail 1of2 Guitar Center, which has a store in Emeryville, went bankrupt in 2020 and continues to sell and accept gift cards as it works to reorganize and emerge from its financial woes.Carlos Avila Gonzalez / The ChronicleShow MoreShow Less 2of2 Guitar Center, which has a store in Emeryville, filed for Chapter 11 bankruptcy in November but exited on Dec. 22 after restructuring its debt. It continued...

Special Report Despite the pandemic, it wasnt all bad news on the restaurant scene this year Dec. 31, 2020 |  Updated: Dec. 31, 2020 12:25 PM The restaurant industry has faced a year like no other. Capital Region restaurants had to adjust to a shutdown and restrictions due to the coronavirus pandemic. While some were able to adapt with more takeout and delivery options, others were forced to close their doors. The news wasnt all bad, however. Some new restaurants even popped up on the...

But, looking back on 2020, many owners and entrepreneurs have closed, permanently or long term. Some of the closures have been from well-known chains like Stein Mart and one of Wilmington’s Ruby Tuesday locations. The list, unfortunately, also includes some of the area’s oldest businesses. Here are a few of the small local businesses now gone.  The Sideboard: This board game cafe on Oleander Dr. announced it would close in October, saying the business model where human interaction (via g...