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Job Title: luby's inc
Location: san antonio, tx
Submitted on: 13-Mar-04
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Job Title |
Business Outlook
Survey |
| luby's inc |
Home based Texas company that had a great reputation in Texas. They
branched out into other states and lost money. Many stores were
modernized but this cost a lot of money and lost it as well. New concept
stores were opened and new sectors were started. They started as a sit
down cafeteria style business and changed to that plus to go orders/
drive thrus, etc. They have had weak CEO's...... one comitted suicide,
one had no restaurant experience and nearly bankrupt them and left. They
were known as economical good food but prices are much higher and
quantity and quality has lessened. They got new leaders in 2001 with a
head for restaurant business but they have lost the reputation they had.
Many managers have left so spots were open but they have gone from 220
stores to 120 stores and that means less spots now in the better
producing stores.
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