It appears that food from Luby’s, the iconic Texas cafeteria chain, may only be available for a limited time.
According to a filing with the Securities and Exchange Commission (SEC) earlier this week, Luby’s said it is “expected that most restaurant operations would cease operations under our ownership by the end of fiscal (year) 2021” in August. The Houston-based restaurant chain, which was founded in San Antonio in 1947, has a Fort Bend County location at 10575 W. Airport Blvd. in Stafford.
Luby’s, which also includes Fuddruckers restaurants under its corporate umbrella, previously announced a plan of liquidation and dissolution in September but left open the possibility that the company could be sold and Luby’s restaurants could remain open. But according to the recent SEC filing, “liquidation is imminent.”
The filing also revealed that Christopher Pappas resigned as president and CEO effective Jan. 27, with John Garilli of Winthrop Capital Advisors taking over that role in an interim basis.