It appears that the family of Michael Reichmann in the form of his son Josh has stepped in and fired everyone. Err, invited them to pursue their lifelong dreams of doing something, anything, else, as is traditional.
In a quite separate area of my life, I am seeing a story unfold in which shares of a company are being handed out in one manner, and employment by the same company quite another. The conceit, as always, is that the employees are part of the family, but absent actual shares in the company that is a lie. If what you're getting is a paycheck, you are a minion, and you serve at the pleasure of the owners, period, full stop.
Now, this might be completely amicable. It's possible that nobody at LuLa has received a meaningful paycheck in years, and they're perfectly happy to be shed of an unprofitable burden. Or perhaps they were making bank, and are still delighted to see the family stepping up to take on a beloved monument, while they pursue other and equally rewarding careers.
That said, the timing is awful. It appears as if Josh rolled in and gave everyone pink slips for Christmas. The post announcing the new regime is, literally, dated Dec 26.