Tue, 01 Apr 2025

Tue, 01 Apr 2025 Hooters restaurant chain files for bankruptcy

Like many other casual dining chains, Hooters has struggled in recent years with rising costs and wages.
Hooters of America, the US-based chain with over 300 restaurants across the country, has filed for bankruptcy in Texas. The company plans to sell its 151 directly-owned locations to a group backed by its founders, who promise to "take Hooters back to its roots" and make it more family-friendly. The group operates 14 of the most popular Hooters outlets, mainly in Florida and Illinois. Despite the bankruptcy filing, Hooters assures customers that their restaurants will remain open and operate as usual during the process. The deal's value has not been disclosed, but is expected to be completed within four months with approval from a US bankruptcy judge.
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