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Hooters plans bankruptcy filing to restructure business
Express Tribune ^ | 2-21-25 | Staff

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 ...


TOPICS: Gardening
KEYWORDS: bankruptcy; hooters
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Oh no! What are all those young girls with big boobs going to do for a living now??? Oh wait, never mind.
1 posted on 02/21/2025 8:20:47 AM PST by Strict9
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To: Strict9

“Our business has gone Bust!”


2 posted on 02/21/2025 8:22:45 AM PST by lee martell
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To: Strict9

Maybe if they actually served good food...................


3 posted on 02/21/2025 8:24:38 AM PST by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: Strict9

4 posted on 02/21/2025 8:26:30 AM PST by dfwgator (Endut! Hoch Hech!)
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To: Strict9

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


5 posted on 02/21/2025 8:29:06 AM PST by z3n (Kakistocracy)
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To: Red Badger

Too much MSG.


6 posted on 02/21/2025 8:29:21 AM PST by wally_bert (I cannot be sured for certain, but in my personal opinion I am certain that I am not sure..)
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To: Strict9

From Casablanca. “We’ll always have Twin Peaks.”


7 posted on 02/21/2025 8:29:59 AM PST by crusty old prospector
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To: All

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.


8 posted on 02/21/2025 8:31:14 AM PST by BipolarBob (Before judging remember, we've all kicked a pregnant woman in the stomach before.)
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To: lee martell
“Our business has gone Bust!”

That or they've gone tits up.

9 posted on 02/21/2025 8:31:56 AM PST by Sirius Lee ("Never argue with a fool, onlookers may not be able to tell the difference.")
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To: Strict9

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.


10 posted on 02/21/2025 8:32:10 AM PST by ABStrauss (I miss Rush!)
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To: Strict9

It’s being run by a couple of boobs.


11 posted on 02/21/2025 8:32:30 AM PST by ImJustAnotherOkie
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To: Red Badger

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.


12 posted on 02/21/2025 8:34:06 AM PST by decal (They won't stop, so they'll have to be stopped)
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To: Red Badger

13 posted on 02/21/2025 8:35:21 AM PST by BBQToadRibs2
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To: Strict9

Business must be sagging…


14 posted on 02/21/2025 8:35:23 AM PST by ropin71 (God Bless our Troops!)
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To: Strict9

Never liked silicone anyway.


15 posted on 02/21/2025 8:36:00 AM PST by ComputerGuy ( )
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To: Strict9

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 :(


16 posted on 02/21/2025 8:36:17 AM PST by algore
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To: decal

Our Hooters is never crowded, even in tourist season...............


17 posted on 02/21/2025 8:36:30 AM PST by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: Sirius Lee

They are trying their best to nip their losses in the bud.


18 posted on 02/21/2025 8:36:55 AM PST by Shady (The Force of Liberty must prevail for the sake of our Children and Grandchildren...)
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To: Strict9

What does it say about our Society when a big pair of boobs is now longer a solid foundation for a biz model??


19 posted on 02/21/2025 8:37:03 AM PST by rbg81 (=)
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To: rbg81

now longer = NO longer!!


20 posted on 02/21/2025 8:37:26 AM PST by rbg81 (=)
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