Luby’s started in San Antonio 75 years ago, and the time-capsule cafeteria keep serving up memories
But beloved doesn’t always mean successful. Luby’s nearly saw the end of the serving line after shareholders voted in late 2020 to dissolve the beleaguered business and liquidate all its assets.remaining locations, all of which now are in Texas, for $28.7 million. Gin said it’s not often that one gets to be part of an iconic brand such as Luby’s and that he fell in love with it just like so many Texans have.
In this 2005 photo, a Luby’s server plates a portion of blackened tilapia. This year marks Luby’s 75th anniversary.“The core of the business I want very much to remain the same,” Gin said. “I think there’s something about coming to Luby’s that feels familiar. I think people crave it more than ever, in fact.”
But the 21st century has been tough on the Texas institution. By 2019, changing dining habits and the decline of malls and in-person retail had reduced Luby’s to fewer than 80 locations.
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