Luby's closing after quarterly loss
POSTED: Tuesday, October 20, 2009 - 11:38am
UPDATED: Wednesday, March 17, 2010 - 11:04am
TYLER — The Luby's chain will be closing 25 stores across the nation, one is the Tyler location on Rice Road.
The company says they are closing stores that are underperforming to improve cash flow.
Luby's hung a sign on their door telling customers to visit their other location on Roseland Boulevard.
Over a 16-week period through August 26th, Luby's reported a loss of $23 million.