-- David K
This was the case at the Barton Creek mall location last time I was
there, although a sign said "for a limited time...all you can eat
buffet". I don't know about other locations. 'Tis a bummer because it
used to be a good place to stop in for a slice of pie and coffee. Now
you pay full buffet price so you'd better want a meal.
-S.
I have a Luby's a couple hundred yards away from me at MoPac/Steck, and I
still have never been inside one. There are too many Crown Vics (owned only
by the police and people over the age of 70) in the parking lot.
Seriously, this would be a surprise to me as I remember reading that the
Pappas' purchase of the Austin Luby's franchise was meant to make Luby's
more "upscale".
-rah
-------------------------------------------------------------------------
Robert Hansen - Austin, TX - adam...@prodigy.net
"Never trust a thin cook." - Clarissa Dickson-Wright
http://www.pappas.com/ Houston restaurant family. One of the brothers
flipped his Ferrari a few years back. He doesn't have to eat at their
restaurants anymore.
--
Kelly Younger
Word is Luby's is in financial deep doo-doo ...
An AP wire story around last T-giving said they were trying to refinance
about $80 million in short-term debt ...
Don't know how this might affect local stores. I do know they fairly
recently closed one on North Loop, near Fonda San Miguel.
From the article:
"Houston restaurateur Chris Pappas and his brother, Harris Pappas, took
over the Luby's chain last year [ie, 2001] by buying $10 million of the
chain's debt, setting for themselves the task of reversing years of
falling sales.
"Expansion that included as the purchase of the rival Wyatt's cafeteria
chain doubled Luby's doubled debt load in the 1990s. Same-store sales
have been declining since 1996, and Luby's and the competing Furr's
cafeteria chain have both been losing money in recent years. That has
prompted both to close restaurants and try to boost sales through
promotions.
"Luby's lost $9.7 million in the fiscal year ending Aug. 28 [, 2002]."
Sigh ... bad time to be in the cafeteria business ...
S.
The following is a link to a recent article in the San Antonio Express-News
which details Luby's financial and marketing strategies:
http://news.mysanantonio.com/story.cfm?xla=saen&xlb=181&xlc=898739
Jerry
--
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Are those the model years which are susceptible to explosion?
The parking lot of the Luby's near me always seems packed (especially on
weekends), but the folks I see entering and exiting look to be quite
elderly... not exactly the most profitable demographic.
Maybe someday I'll break down and go to a Luby's. I've been to a Furr's
just once, at Northcross Used-To-Be-A-Mall. My dining experience was so bad
that it'll be a long time before I ever went to another "cafeteria" style
restaurant.
-- rah
Overall, Luby's food is better than Furr's for about the same price.
Cafeteria chains always seem to attract older people. Furr's is the
exception to that rule. The one in San Marcos does a huge business in
the summer feeding bus loads of kids on the way home from
Schlitterbahn. They handle crowds well and are reasonably cheap.
They give the buses a special price of $5/person with drink included.
The Luby's in San Marcos has a better location for serving all those
northbound buses but they have a sign on the door about "proper dress"
being required so I guess they don't want a bunch of kids wearing
t-shirts over their wet bathing suits tromping through their dining
room.
_________
Suzanne
"David K" <spamsh...@spicedham.com> wrote in message
news:faoR9.1315$Vf4.50...@newssvr11.news.prodigy.com...
> Overall, Luby's food is better than Furr's for about the same price.
> Cafeteria chains always seem to attract older people. Furr's is the
> exception to that rule. The one in San Marcos does a huge business in
> the summer feeding bus loads of kids on the way home from
> Schlitterbahn. They handle crowds well and are reasonably cheap.
> They give the buses a special price of $5/person with drink included.
I tried Furr's (in San Marcos) when I was up there in late July, and to be very
truthful with you,
I really wasn't all the impressed with them (mainly it was because I ate lunch
at Mr, Gatti's in "New B"
--New Braunfels-- that day, & I was also tired from doing all hard traveling
from Houston that day, as well.
(Oh, well, perhaps I might've caught 'em on a bad night.)
> The Luby's in San Marcos has a better location for serving all those
> northbound buses but they have a sign on the door about "proper dress"
> being required so I guess they don't want a bunch of kids wearing
> t-shirts over their wet bathing suits tromping through their dining
> room.
I know exactly where Luby's is located in San Marcos, Suzanne, and you're right
-- it makes perfect sense,
because with them (Luby's) being located on I-35 @ Texas 123 (Seguin Exit), it's
much easier for northbound
busses to get on & off of I-35 North than it would be for those same northbound
busses to go to Furr's.
OBTW, I can clearly see your point about Luby's having a sign on their front
door stating "Proper Dress Required"
for the very same reason that you mention. I mean, who in their right mind
would want to see a bunch of kids
wearing t-shirts over their wet bathing suits while they're tromping through
Luby's dining room? (Not me, that's for sure!)
FWIW,
Keith
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