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MARYVILLE, Tenn. – Ruby Tuesday has filed for Chapter 11 bankruptcy protection.The casual dining chain says it's pursuing a comprehensive financial and operational restructuring aimed at reducing the company’s current debt and enhancing operations to continue to serve guests in the future.In a statement, Ruby Tuesday CEO Shawn Lederman said the restructuring will allow the business to reposition for long-term stability as it recovers from the unprecedented impact of COVID-19.The restaurant says it will continue serving guests as usual, with increased distancing, cleaning and sanitization protocols in place to ensure safety and peace of mind in response to the COVID-19 pandemic.“This announcement does not mean ‘Goodbye, Ruby Tuesday,’” wrote Lederman.The company also notes that Ruby Tuesday gift cards and “So Connected Rewards” will continue to be valid and retain their value through the bankruptcy process.“Our restructuring demonstrates a commitment to Ruby Tuesday’s future viability as we work to preserve thousands of team member jobs,” Lederman continued in his statement. “Our guests can be assured that during the Chapter 11 process, we will continue to deliver welcoming service and provide a safe environment for guests and team members, while serving fresh, signature products that only Ruby Tuesday can offer. With this critical step in our transformation for long-term financial health – this is ‘Hello’, to a stronger Ruby Tuesday.”Though a timeline for the bankruptcy was not provided, the company says it intends to move through the process as quickly as possible. 1600
Many of us dream about being our own boss, but the thought of actually doing it can be daunting. A new survey suggests many of us share the same concerns about starting our own business. One woman knows that fear all too well, but she overcame it and says you can too.“Every client I try to know their name,” said Whitney Herman, the owner of Shift Cycle. “Everyone who walks in the business I want to be their friends. I want them to feel like this is their home because I feel like it's my home."It’s been two years since Herman officially became a small business owner by opening Shift Cycle, a boutique indoor cycling studio offering 45-minute indoor cycling classes.The new mom couldn't find a place where she could work out and bring her newborn daughter along. “Pretty much everywhere that I wanted to go, none of them offered childcare,” Herman said.So, she decided to create a place of her own.Turns out many of us see ourselves as entrepreneurs as well. The UPS Store talked with people as part of its Inside Small Business Survey and found 66 percent of them dream of opening a small business. But fears may be holding many back, something Herman understands.“Terrifying,” Herman said. “I mean it's still scary.”Forty-five percent of people are concerned about financial security, and 39 percent are concerned about the financial commitment required to open the business.“I think the funding and financing for most people is the hardest part about starting a business,” Herman said. She struggled to get a loan because many lenders require two years of business experience.“I mean there were times where we were like, ‘I don't think we're going to do it,’” Herman said. “We would get so close and then we had a bank be like, ‘Oh sorry, we can't do it.’”She was able to get funding through a non-profit, but still struggled with a fear 37 percent of people in the study share; fear of failure.“I have no MBA,” Herman said. “I have no degree in anything business related. I've never really managed people. I don't really know anything about finance, so I was kind of going it's completely blind.”Luckily her husband knew more about those things. And what she lacked in those areas, she made up in passion and desire to learn along the way. If you have a dream of starting a business, Herman says you can do the same thing.“You just have to believe in your product,” Herman said. “And you have to believe in yourself that you're strong enough and motivated enough to just kind of fight. And you know you get where you want to go because no one's going to do it but you.” 2643
MEMPHIS, Tenn. (AP) — An elections official says a poll worker in Memphis, Tennessee, has been fired after turning away early voters who were wearing “Black Lives Matter” and “I Can’t Breathe” shirts.Shelby County Election Commission spokeswoman Suzanne Thompson says the worker was fired Friday after officials received a call from a witness at the Dave Wells Community Center in Memphis.Tennessee law does not allow voters to wear items with the name of a candidate or a political party on them in a polling place. But state law does not bar statements such as “Black Lives Matter.”Thompson said the poll worker thought the statements were tied to the Democratic Party. 679
MANITOWOC, Wis. – Democratic presidential nominee Joe Biden made a campaign stop in Wisconsin on Monday.The former vice president delivered a speech in Manitowoc, during which he accused President Donald Trump of only having the best interest of his supporters in mind. In contrast, Biden said he would be a president for all Americans, even those who don't support him.Watch the event below:Biden also spoke about the COVID-19 pandemic as the country’s death toll from the coronavirus approaches 200,000. The events marks Biden's second trip to the swing state this year and it comes just days after Trump held a rally there. Democrats are hoping to win the traditionally blue state back in November, four years after Republicans carried it by fewer than 23,000 votes.The stop also came after the death of Supreme Court Justice Ruth Bader Ginsburg, which has turned the general election on its head. 908
MAPLE HEIGHTS, Ohio — Maple Heights Mayor Annette Blackwell believes northeast Ohio's shortage of affordable housing is having a tragic impact on the academic development of children. Blackwell told WEWS the affordable housing shortage is causing too many families to move from school district to school district and, in some cases, multiple moves are made in one school year.Blackwell said housing insecurity is playing a major factor in hindering the education of children, especially children from African-American families living in Cleveland and the inner-ring suburbs."It is an issue here in northeast Ohio, it is an issue here in the school district in Maple Heights," Blackwell said. "These children have to deal with the stress when they see their parents negotiating with the landlord, they see mom's rejection, they are part of that rejection when the application gets turned down, or the eviction notice comes.""All of these things add to the heightened sense of anxiety and stress. It's overwhelming on a daily basis."Blackwell pointed to a Harvard Medical School?study indicating that multiple moves contribute to a critical loss of learning.Blackwell said too many families simply can't afford to find good, stable housing."They make between and an hour, they have three kids, they have a car they're trying to maintain and they have to work two jobs to do that," Blackwell said.Professor Ronnie Dunn, Cleveland State University chief diversity and inclusion officer, told WEWS the toxic stress caused by multiple moves and a lack of affordable places to live are hurting young children and families more and more."In Cleveland, we average about 11,000 evictions annually," Dunn said. "A lot of that stems from living in inadequate, poor housing. It has a very dire and adverse effect."Blackwell believes possible solutions include creating tax credits to give developers incentives to create new affordable housing, and municipalities and developers working together to re-purpose existing square footage."There's a lot of ugly empty buildings, gut them," Blackwell said. "There are great architects, there's great brain power, great houses, great vision, and turn it into something livable." 2279