Obamaeconomy: Macy's closing 100 stores & Ruby's Tuesdays closing 95 restaurants

Via Billy

 

Macy's closing 100 stores

 Macy's will close 100 stores in the coming year, shedding about 15 percent of its total footprint.  

 

 Ruby's Tuesdays closing 95 restaurants

Ruby Tuesday's will close about 95 of its restaurants, the company announced Thursday.
The Tennessee-based chain said the closures account for about 13 percent of all its properties. The chain operates 724 Ruby Tuesday restaurants in 44 states and 14 foreign countries.