Restaurant chain Ruby Tuesday filed for bankruptcy after closing one-third of its locations this year.on October 7 in the U.S. Bankruptcy Court for the District of Delaware after a troubled year was worsened by the coronavirus pandemic. Stay at home orders and capacity restrictions hit Ruby Tuesday and other casual chains hard, many of which were already struggling. At least
have also filed for bankruptcy this year, including California Pizza Kitchen and the US arm of Le Pain Quotidien.that this is not the end of Ruby Tuesday, but instead "an opportunity to reposition the company for long-term stability."The first Ruby Tuesday was opened by 21 year old Sandy Beall in 1972, right next to the University of Tennessee in Knoxville, where he was a student.As a student, Beall managed three Pizza Hut franchises.
A Pizza Hut location, which is owned by Yum Brands Inc, is pictured ahead of their company results in Pasadena, California, U.S., July 11, 2016.The first restaurant, now closed, was a "burger and beer joint" according to the New York Times.A fraternity brother and investor suggested the name Ruby Tuesday, after the Rolling Stones song.
In this March 24, 2016 file photo, members of The Rolling Stones, from left, Mick Jagger, Charlie Watts, Keith Richards and Ron Wood pose for photos from their plane at Jose Marti international airport in Havana, Cuba.Beall also visited New York City to get ideas and look at potential competition, including TGI Fridays.Over the first few years, Beall opened restaurants at a rate of one every nine months.
OpenLearning=ASX: $OLL The Education sector is going to keep growing and making money, especially so many people needing upskilling to get Jobs. Australian government to build microcredentials marketplace
Top ASX Stock Picks for October 2020 OpenLearning (ASX:OLL) is a Sydney-based based education software-as-a-service (SaaS) company with a massive global reach One Of The Top ASX Stock Picks for October 2020 OpenLearning=ASX: $OLL
Economic recovery will be built on educated upskilled workforce We know from experience, economic downturns lead to upturns in demand for education. An undisclosed amount of government funding will be invested in Micro-credentials.
YouTube link below is from an ASX Investors point of view and it just about covers everything to do with OpenLearning=ASX: $OLL PwC recommends partnerships between industry and government with MicroCreds.
OpenLearning=ASX: $OLL STOCKHEAD GROWTH Skills needed in search for recession-proof work Future of the stock market will be dependent on tech technologies to survive in the future.
OpenLearning=ASX: $OLL Half year results. Watch 'How Micro-Credentials will Change Education' on YouTube The easiest way to showcase your Portfolio Skills
Stock price and charts for ASX: $OLL Look at $OLL Chart's and see the upward breakout trend that is happening. link below shows strong buy. Microcredentials can stack into larger lifelong curriculum Businesses embrace MicroCreds
Future of Education 👩💻❤👩🎓 Marketplace for online microcredentials OpenLearning to solve a skills shortage
Micro-credentialing will be recognised by employers as globally accepted industry standard Young people are giving up on their dream job We must support upskill for job opportunities. Else risk losing their future and our economy.
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