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CEO Melvin Gravely s Reality Check for Black Business Owners in Birmingham
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JCSU homecoming week activities for alumni, community
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He bought Luby s Fuddruckers business What s his plan for reviving the brand?
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Luby s Cafeteria reveals timeline for closing Dallas locations
Luby s Cafeteria reveals timeline for closing Dallas locations Get your Luby s fix by the end of summer. The days of LuAnn platters are drawing to a close:
Luby s expects to cease most restaurant operations by the end of its fiscal year in August, according to a filing made with the Securities and Exchange Commission. The beleaguered, Texas-based cafeteria chain adopted a plan of liquidation and dissolution in November that will see the company sell off its assets including the restaurants Luby s and Fuddruckers, as well as its real estate holdings and distribute the proceeds to shareholders. Luby s estimates each share will generate $3.82 in proceeds.
Texas-based Luby s reveals timeline for closing every location Get your Luby s fix by the end of summer. The days of LuAnn platters are drawing to a close. Luby s expects to cease most restaurant operations by the end of its fiscal year in August, the company reports in a filing with the Securities and Exchange Commission. The beleaguered, Texas-based cafeteria chain adopted a plan of liquidation and dissolution in November that will see the company sell off its assets including the restaurants Luby s and Fuddruckers, as well as its real estate holdings and distribute the proceeds to shareholders. Luby s estimates each share will generate $3.82 in proceeds. Shares of the company s stock (NYSE: LUB) closed at $3.12 on Wednesday, February 3.