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San Antonio, grab Luby s while you can because the restaurants will close up before you know it.Flickr/ Carlos Lowry
San Antonio, grab Luby s while you can because the restaurants will close up before you know it.
It s been an inevitable situation we all knew was coming after the company announced its plans to liquidate its businesses and distribute any proceeds to investors in September of last year (remember the heartbreaking memes?).
Although most restaurants stayed open during this liquidation process, the Houston Chronicle reported the company plans to close all its locations by the August end of its fiscal year. Reporter Amanda Drane uncovered the information from filings with the Securities Exchange Commission.