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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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To: lee martell

Hooters needs a better financial foundation to push out their balloon payments and strengthen their bottom line. Then they’ll have the legs to proceed forward.


21 posted on 02/21/2025 8:38:36 AM PST by twister881
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To: rbg81

I don’t want to live on this planet anymore


22 posted on 02/21/2025 8:39:19 AM PST by Strict9
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To: twister881

I don’t know what the big deal is about Hooters. Once you’ve seen one set of boobs.....well, you pretty much want to see them all.


23 posted on 02/21/2025 8:42:20 AM PST by shelterguy
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To: dfwgator

LOL! The one holding the sign certainly isn’t.


24 posted on 02/21/2025 8:42:20 AM PST by redfreedom (Happiness is shopping at Walmart and not hearing Spanish once!)
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To: Strict9

Post boomers and xers low T

Strip clubs have declined too

I guess only fans type stuff fills whatever void exists


25 posted on 02/21/2025 8:43:43 AM PST by wardaddy
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To: shelterguy

Hooters Hooters Yum Yum Yum
Hooters Hooters on a girl that’s dumb

-The Bundy Credo


26 posted on 02/21/2025 8:44:30 AM PST by dfwgator (Endut! Hoch Hech!)
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To: Strict9

Looks they are going t its up...


27 posted on 02/21/2025 8:45:44 AM PST by Vendome (I've Gotta Be Me https://youtu.be/wH-pk2vZG2M)
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To: Red Badger

They serve food?


28 posted on 02/21/2025 8:46:04 AM PST by Vendome (I've Gotta Be Me https://youtu.be/wH-pk2vZG2M)
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To: Strict9

We were at a Hooters only once, and went out laughing. The server had those inflated lips. The lip job was so poor she looked like those monkeys that could turn their lips outward. To this day I call her monkey lips. She was a very pretty blonde with good natural features and screwed it all up with those stupid monkey lip injections.

The food sucked, never went back.


29 posted on 02/21/2025 8:46:39 AM PST by redfreedom (Happiness is shopping at Walmart and not hearing Spanish once!)
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To: rbg81

That there’s a lot of competition. Tilted Kilt Pub & Eatery, Twin Peaks, Ojos Locos, Bikinis Sports Bar & Grill, The WingHouse Bar & Grill, Redneck Heaven, and Bombshells Bar & Grill. And that’s just national chains.


30 posted on 02/21/2025 8:46:54 AM PST by discostu (like a dog being shown a card trick)
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To: dfwgator

I sadly went to high school with the ugly girl holding that sign.

She was unpleasant as she looks.

Ronit Hermann, if I recall.


31 posted on 02/21/2025 8:47:23 AM PST by TheThirdRuffian (Orange is the new brown)
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To: dfwgator

My son and I agree, the protestor looks like my ex...


32 posted on 02/21/2025 8:47:45 AM PST by null and void (We can only do what seems rational and decent...and INEXPENSIVE... because we’re broke!)
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To: Strict9

A little lift and fill for the chain?


33 posted on 02/21/2025 8:47:57 AM PST by 9YearLurker
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To: Vendome

They call it that................


34 posted on 02/21/2025 8:48:17 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: wardaddy
Post boomers and xers low T

The Democrats have made us all gay!


35 posted on 02/21/2025 8:49:53 AM PST by MinorityRepublican
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To: twister881

Lol! Looks like you’ve covered all the bases.
I expect to be collecting a lot more data on those
Balloon Payments!


36 posted on 02/21/2025 8:49:54 AM PST by lee martell
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To: Strict9

They need support.


37 posted on 02/21/2025 8:50:28 AM PST by Kudsman (House future deportees in the UN building. If they escape, smash the place. )
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To: TheThirdRuffian
Ronit Hermann, if I recall.

Not my ex, there's no shortage of the type...

38 posted on 02/21/2025 8:51:00 AM PST by null and void (We can only do what seems rational and decent...and INEXPENSIVE... because we’re broke!)
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To: lee martell

I am going to have to stay abreast of this.


39 posted on 02/21/2025 8:51:12 AM PST by Puppage (You may disagree with what I have to say, but I shall defend to your death my right to says it.)
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To: Sirius Lee

In the military, was told to stop using Tango Uniform for systems that were down.

Still use fix action of “FM” for when system returns to operation. As in:

Boss: “Fix action, FM?”

Me: Not knowing why it returned online: “Frickin Magic.”


40 posted on 02/21/2025 8:51:23 AM PST by dakine
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