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Hooters files for bankruptcy, says the chain’s down but not out
ktla ^ | 03/31/2025

Posted on 03/31/2025 9:39:39 PM PDT by BenLurkin

Made famous by its serving staff’s uniforms – low-cut tank tops and orange shorts – and, later, its chicken wings, Hooters has filed for bankruptcy, it announced.

The restaurant chain, Reuters reported, made the filing Monday in a Texas court, with the plan being to deal with its $376 million in debt by selling all its company-owned locations to a franchise group stacked with original founders of the company and a group of current franchisees, who own and operate more than 30% of the company’s domestically owned locations, including 14 of the 30 most trafficked restaurants.

...

While Hooters said in a statement that it expects to move through the bankruptcy process within the next 90-120 days, company officials made it clear to its fan base that the restaurant chain is going nowhere.

“Our renowned Hooters restaurants are here to stay,” Sal Melilli, Chief Executive of Hooters of America, said. “Today’s announcement marks an important milestone in our effort to reinforce Hooter’s financial foundation and continue delivering the guest-obsessed hospitality experience and delicious food our customers and communities have come to expect.”

(Excerpt) Read more at ktla.com ...


TOPICS: Business/Economy; Food
KEYWORDS: bankruptcy; hooters; restaurant
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To: FreedomPoster

True. Regards


21 posted on 04/01/2025 12:51:02 AM PDT by Equine1952
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To: gundog

Shame on you. Disgusting.


22 posted on 04/01/2025 12:54:49 AM PDT by sasquatch (Do NOT forget Ashli Babbit! c/o piytar)
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To: DesertRhino

I predict the same fate lies with Outback, Carrabbas, and Bonefish all owned by the same company, these concept chain restaurants are all having issues since Covid many of them won’t make it


23 posted on 04/01/2025 1:11:56 AM PDT by srmanuel
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To: BenLurkin

Is the food even decent? Who cares about boobs? Seen two, seen em all.


24 posted on 04/01/2025 1:50:01 AM PDT by montag813
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To: montag813

Is the food even decent? Who cares about boobs? Seen two, seen em all.

I tend to agree. The food issue strikes a cord with me. I’m old enough to admire a nice set of headlights but I’m paying for the food and drinks. I don’t want no plastic saddle. If you can’t cook a good steak? Fold your tent and move on. IMO


25 posted on 04/01/2025 2:02:43 AM PDT by Equine1952
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To: BenLurkin

Double D credit rating.


26 posted on 04/01/2025 2:41:28 AM PDT by Fester Chugabrew (Are you, or have you ever been, a Democrat?)
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To: BenLurkin

Time to nipple it in the bud.


27 posted on 04/01/2025 2:43:44 AM PDT by Fester Chugabrew (Are you, or have you ever been, a Democrat?)
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To: BenLurkin

Got to milk it for all it’s worth.


28 posted on 04/01/2025 2:43:51 AM PDT by Repeat Offender
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To: srmanuel

“Bonefish” The name and logo are as unappetizing as it can get. Dear God, it’s as if an invitation to pick up a rotting fish from the beach and choke on it.


29 posted on 04/01/2025 2:47:28 AM PDT by Fester Chugabrew (Are you, or have you ever been, a Democrat?)
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To: BenLurkin
Well then... Thank God for Big Uns...


30 posted on 04/01/2025 3:05:01 AM PDT by jerod (Nazis were essentially Socialist in Hugo Boss uniforms... Get over it!)
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To: Fester Chugabrew

‘Bonefish’ The name and logo are as unappetizing as it can get.”

I always wondered about that ... how that name came to be. Who did it? Someone smoking the sofa? It’s dreadful.


31 posted on 04/01/2025 3:27:43 AM PDT by MayflowerMadam (It's hard not to celebrate the fall of bad people. - Bongino)
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To: FreedomPoster

I think it was Tallahassee but years ago, we flew a charter and went out for lunch. I got so tickled because there was a Hooters restaurant and very nearby was a Woody’s. Something for everyone!!!!


32 posted on 04/01/2025 4:00:30 AM PDT by Cowgirl of Justice
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To: BenLurkin

In the late 80’s early 90’s a bunch of us reservists met for double punch Tuesday at Hooters, lots of good scenery. Three years ago I was back in town and got several of us together again, DEI had hit Hooters.

I really like Hooters wings, and the powder & hot sauce was readily available in stores, even the commissary. Not anymore. Ordered some bags & jars from Ebay/Amazon but the price is really going up.


33 posted on 04/01/2025 4:12:27 AM PDT by where's_the_Outrage? (Drain the Swamp. Build the Wall.)
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To: gundog

all that money and she can’t buy a good support bra?


34 posted on 04/01/2025 4:46:01 AM PDT by ronniesgal ( so is it okay that I said that??? GO TRUMP GO!!!!)
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To: BenLurkin

Eating wings with a chubby mid yammering at you about nonsense, is not my idea of a good time.


35 posted on 04/01/2025 5:19:06 AM PDT by Malsua
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To: BenLurkin
Well, the girls are pretty old by now.
Just call it Cooters.
36 posted on 04/01/2025 6:10:11 AM PDT by TangoLimaSierra (⭐⭐To the Left, The Truth is Right Wing Violence⭐⭐)
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To: ronniesgal

It’s an Italian beach. Be happy she wasn’t topless.


37 posted on 04/01/2025 8:07:55 AM PDT by gundog (The ends justify the mean tweets. )
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To: gundog

her knees should be happy she was not topless.


38 posted on 04/01/2025 10:18:58 AM PDT by ronniesgal ( so is it okay that I said that??? GO TRUMP GO!!!!)
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To: BenLurkin

I actually liked Hooters. My wife and I would eat there from time to time and my wife didn’t mind what the girls wore.

Unfortunately, the one we went to closed down a couple years ago.


39 posted on 04/01/2025 11:36:06 AM PDT by packrat35 (Pureblood! No clot shot for me!)
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