MARYVILLE Tenn. Ruby Tuesday Inc. has purchased a controlling interest in a single-unit, fast-casual concept called Wok Hay Fresh Asian Diner, the casual-dining company revealed Thursday in its latest quarterly securities filing. The $1 million purchase is “an opportunity for research and development,” said Ruby Tuesday vice president Rick Johnson, who spoke to Nation’s Restaurant News via e-mail. “Although we may consider opening one or two more [Wok Hay units], we have no plans at ...
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Contact: Desiree Torres Desiree.Torres@penton.com