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Hooters of America has become the latest major restaurant chain to file for bankruptcy after accumulating $376 million in debt.
Hooters is looking at possibly filing for bankruptcy as a means of restructuring the restaurant chain and tackling its debt, Bloomberg reported Friday, citing unnamed sources.
Hooters has closed dozens of restaurants around the country just a few months after filing for bankruptcy as a slump in consumer sentiment continues to hit casual dining chains hard.
Hooters of America has become the latest major restaurant chain to file for bankruptcy after accumulating $376 million in debt.
Hooters — famous for dressing its waitresses in tight-fitting T-shirts to sling wings and beer — could be going belly-up. The casual dining chain is preparing for a potential bankruptcy filing ...
Hooters preparing to file bankruptcy after shuttering dozens of stores in 2024, report says Hooters closed approximately 40 locations last year and owes $300 million in asset backed bonds Graig ...
The complicated bankruptcy filing is a way to keep many of the restaurants open. “Our renowned Hooters restaurants are here to stay,” the company said in its announcement.
Hooters, the sports bar & grill chain famous for chicken wings served by waitresses in short shorts and tight T-shirts is preparing for a potential bankruptcy filing.
Hooters has filed for bankruptcy. The restaurant chain operates 400 stores, including four in Arizona. Will any stores close? Here's what to know.
Hooters of America has become the latest major restaurant chain to file for bankruptcy after accumulating $376 million in debt.