MARYVILLE, Tenn.--(BUSINESS WIRE)--Nov. 16, 2009--
Casual-dining restaurant leader Ruby Tuesday, Inc. has announced new
international franchise agreements for the development of its flagship
brand in the Middle East and the United Kingdom. The company has also
granted franchise rights for Wok Hay, an Asian-focused casual dining
concept, in the Republic of Trinidad and Tobago and Chile.
“Ruby Tuesday’s international growth continues at a steady and reliable
pace,” said Mark Ingram, President of Global PartnerShips, the company
that manages Ruby Tuesday’s international and domestic franchise
development. “We are excited to add new development territories to an
existing franchise, sign an agreement for the first Ruby Tuesday in the
U.K., and launch international franchising for Wok Hay. This growth
proves there continues to be a high level of confidence in the brand and
its performance,” he added.
More Growth in the Middle East, a Debut in Wales
Development rights for three new Ruby Tuesdays in the eastern
territories of Saudi Arabia have been granted to an affiliate of Daliya
Al-Wataniya for General Trading and Contracting W.L.L., the current
franchisee for the countries of Bahrain, Oman, Jordan, and Lebanon, and
six additional restaurants will be developed in the Emirate of Abu Dhabi
by Bin Hendi Hospitality, the franchisee that now has the rights to open
18 Ruby Tuesday restaurants in all seven Emirate nations over the next
And for the first time in the company’s 37-year history, a Ruby Tuesday
will open in the United Kingdom when development begins on the first
phase of a franchise for Wales and Southwest England that will allow for
five restaurant openings in four-and-a-half years.
Franchising a New Brand
This year also marks the beginning of international franchise
development of Wok Hay, the company’s pan-Asian concept. There are two
Wok Hays currently open, both in the Knoxville, Tennessee area where
Ruby Tuesday was founded and has its headquarters.
“Wok Hay offers fresh and affordable menu choices with plenty of flavor.
We are excited to be working with these franchisees to demonstrate the
potential of the concept,” said Ingram.
Wok Hays will be opened in Trinidad and Tobago by Derek and Roger Chin,
current Ruby Tuesday franchisees in those countries, and in Chile by
Carlos Musiet, who is also a franchisee of Ruby Tuesday restaurants in
About Ruby Tuesday
Ruby Tuesday, Inc. has company-owned and/or franchise Ruby Tuesday brand
restaurants in 46 states, the District of Columbia, Guam, and 13 foreign
countries. As of September 1, 2009, the Company owned and operated 670
Ruby Tuesday restaurants, while domestic and international franchisees
(including Hawaii) operated 171 and 55 restaurants, respectively.
Ruby Tuesday, Inc. is traded on the New York Stock Exchange (NYSE: RT).
For more information regarding franchise opportunities, please visit http://www.rubytuesday.com
or call (865) 379-5739.
Source: Ruby Tuesday, Inc.
Ruby Tuesday, Inc.