Posted on 02/21/2025 8:20:47 AM PST by Strict9
Hooters of America is reportedly working with creditors on a plan to restructure its business through bankruptcy court in the coming months.
According to Bloomberg, sources familiar with the matter, who requested anonymity, say the company is collaborating with the law firm Ropes & Gray to prepare a filing. The court process is expected to begin within the next two months.
Last year, Hooters announced the closure of a number of underperforming locations, becoming part of a broader trend of casual dining chains shutting down restaurants amid industry challenges. While facing "pressure from current market conditions," Hooters emphasized
(Excerpt) Read more at tribune.com.pk ...
“Our business has gone Bust!”
Maybe if they actually served good food...................
Maybe they could restructure with financing for Joanns, and Biglots too.
They could wear shorts and tops with lots of cleavage and still crafts and big box items and call it Lots of Jooters
Too much MSG.
From Casablanca. “We’ll always have Twin Peaks.”
Our local Hooters went out @15 years ago when they overserved a drunk and he walked out in traffic and was killed. AFAIK, the building is still there sitting empty.
That or they've gone tits up.
Biden and the chicken catastrophe caused the downfall of Hooters.
Myo wife and I both enjoyed the chicken wings and splitting the Big Fish Sandwich. We were always the oldest people in the restaurant.
Bidennomics.
It’s being run by a couple of boobs.
It’s always been my opinion that tall girls work where they want, short girls work where they can in the restaurant biz.
Never seen a tall Hooters girl outside of the ads.
Business must be sagging…
Never liked silicone anyway.
there are no hooters in my state, there were a few locations 20 years ago, but they all closed.
probably Pooters with all trannys would have been a better idea :(
Our Hooters is never crowded, even in tourist season...............
They are trying their best to nip their losses in the bud.
What does it say about our Society when a big pair of boobs is now longer a solid foundation for a biz model??
now longer = NO longer!!
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