America’s first breastaurant chain started as a joke and then became a juggernaut. Now, forced into bankruptcy by debt, ...

The casual dining sector has also struggled because of companies' own strategic mistakes — some under private equity ownership — and a lack of investment in table service and restaurant renovations.

growing its delivery footprint and launching a global digital strategy that now accounts for more than half of system sales. Yum said it will begin the search for a successor immediately. Add another ...

Directional investing, a strategy practiced by most private investors, requires the markets to move consistently in the desired direction. On the other hand, non-directional investing takes ...

NEW YORK--(BUSINESS WIRE)--KBRA releases research examining how, in a climate where strategic investments ... relinquishing full control of their core operations, preserving the ability to ...

Hooters — a place which married a love of sports with a love for skimpy clothing — announced it officially filed for bankruptcy on Monday. But don’t worry – the formerly iconic (and also ...

"Hooters is here to stay, and with a stronger financial foundation and streamlined operations on the other side of this ... it wasn't meeting its financial commitments. Its business strategy has faced ...

Hooters, based in Atlanta, Georgia, was founded in Clearwater, Florida, in 1983 by six businessmen with no food service experience who claimed they wanted to run a restaurant they couldn’t get kicked ...

Despite its financial struggles, Hooters is determined to continue operations and find a resolution to its financial ... including a recent lawsuit settlement over racial discrimination. With ...

But its business strategy has faced challenges over the years, including lawsuits over hiring only “Hooters Girls” to serve customers. In 2017, the company tried opening a restaurant that didn ...

The sale aims to stabilize the financial structure of the company and ensure that it remains operational during the restructuring phase. According to Sal Melilli, the CEO of Hooters of America, this ...