The company filed for bankruptcy today and announced plans to sell its remaining locations to franchisees, thereby guaranteeing continuity of service for those still dining there. Hooters said it ...

The company has secured about $35 million in financing from its existing lender group to help complete the transaction, ensuring the brand’s continuity during this transition. Like many casual dining ...

"Hooters is here to stay, and with a stronger financial foundation and streamlined operations on the other side of this process, we will be well-positioned to continue delivering the guest-obsessed ...

No, Hooters restaurants are not closing as a result of the bankruptcy filing. "Hooters is here to stay, and with a stronger ...

Hooters — the restaurant chain first known for its orange-clad, all-female wait staff and then its chicken wings — filed for bankruptcy, the company announced Monday. But the decades-old brand said it ...

Hooters of America has become the latest major restaurant chain to file for bankruptcy. The sports bar and grill chain submitted a bankruptcy filing in Texas on Monday after accumulating $376 ...

Hooters is here to stay, and with a stronger financial foundation and streamlined operations on the other side of the process, we will be well-positioned to continue to delivering the guest ...

ensuring the brand’s continuity during this transition. Like many casual dining chains, Hooters has faced significant challenges in recent years. Inflation, rising labor and food costs ...

Hooters is going for an upgrade. After the recent announcement that Hooters of America has filed for Chapter 11 bankruptcy as part of an effort to enable a founder-led buyout and restructuring of ...

As part of the Company’s broader business transformation and planning, Hooters is evaluating the Company’s operational footprint as part of its financial restructuring process to position ...