Houston-based Luby’s has closed 27 restaurants over the past year as part of an ongoing turnaround effort that also includes selling more company-owned Fuddruckers restaurants to franchisees. Luby’s operates 136 restaurants under the Luby’s, Fuddruckers and Cheeseburger in Paradise banners, and franchises 102 Fuddruckers units. Read the Nation’s Restaurant News story here