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Furr's (also known as Furr's Cafeteria or Furr's Family Dining) is a chain of family restaurants in the United States started by Roy Furr. The first location opened in Hobbs, New Mexico in 1946. In corporate history it is notable for being a corporation in which an institutional investor TIAA-CREF was able to oust the board of directors. Furr's was purchased by the K mart Corp. in 1980 and subsequently sold by K mart to Michael Levenson's Limited National Partnership in 1988. In 2000 the company established a new name, Furr's Restaurant Group. The company reorganized under Chapter 11 bankruptcy in January 2003. Shortly afterward, the company was sold to a private investment firm, CIC-Buffet Partners, an affiliate of Cardinal Investment Co.
In January 2014 Furr's closed several locations, including Las Cruces, New Mexico, Big Spring, Texas, Wheat Ridge, Colorado, and Wichita, Kansas. “We are closed for business,” says assistant general manager Tim Arnoldussen. “It’s just a corporate decision.”
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