Leadership
Activist investor says Luby’s is ‘simply not working’
Bandera Partners filed a letter with the SEC, making its case for a handpicked slate of board nominees.
Financing
Activist investor pushes slate of board members for struggling Luby’s
The chain, which lost $33.6 million in 2018, remains uncertain whether it can stay in business.
More than half of the restaurant industry’s $491 billion in sales come from the Top 500 chains. And these giants grew at a modestly stronger rate, both in terms of sales and store counts, than the industry overall. Restaurant Business focused on the leading 250 performers to identify trends for our first-ever special report delivering lessons from Technomic’s annual Top 500 Chain Restaurant Report. This special package includes lessons for all operators from the largest chains by segment, menu category and more.