{"id":271026,"date":"2025-04-01T01:45:08","date_gmt":"2025-04-01T01:45:08","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/04\/01\/hooters-restaurant-chain-files-for-bankruptcy\/"},"modified":"2025-04-01T01:45:09","modified_gmt":"2025-04-01T01:45:09","slug":"hooters-restaurant-chain-files-for-bankruptcy","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/04\/01\/hooters-restaurant-chain-files-for-bankruptcy\/","title":{"rendered":"Hooters: Restaurant chain files for bankruptcy"},"content":{"rendered":"
\"Hooters:<\/div>


\n<\/p>\n

\n

Hooters of America has filed for bankruptcy in Texas, as it tries to deal with its debts by selling all of its company-owned restaurants to a group backed by its founders.<\/p>\n

The firm currently directly owns and operates 151 restaurants, with another 154 operated by franchisees, mainly in the US.<\/p>\n

The company said its restaurants, which serve classic American bar food, will stay open during the process and operate “in a business-as-usual manner”.<\/p>\n

Like many other casual dining chains, Hooters has struggled in recent years as it faces rising costs and wages, as well as customers spending less.<\/p>\n<\/div>\n

\n

“Our renowned Hooters restaurants are here to stay,” Sal Melilli, chief executive of Hooters of America, said in a statement<\/a>.<\/p>\n

“Today’s announcement marks an important milestone in our efforts to reinforce Hooters’ financial foundation.”<\/p>\n

The firm said it plans to sell all of its corporate-owned restaurants to a group of two existing Hooters franchisees, who operate 14 of Hooters’ most popular outlets, around the Tampa, Florida, and Chicago, Illinois, areas.<\/p>\n

The group includes some of the chain’s founders, who have promised to take the firm “back to its roots” and make it more family-friendly.<\/p>\n

Hooters did not reveal the value of the planned deal, which still needs to be approved by a US bankruptcy judge.<\/p>\n

It said the rescue plan is expected to be completed within the next four months.<\/p>\n

Hooters was founded in 1983 and is known for its serving staff, who are mainly young women – known as “Hooters Girls” – as well as its chicken wings.<\/p>\n

The form-fitting outfits worn by its waiting staff have become central to the chain’s public image.<\/p>\n<\/div>\n


\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hooters of America has filed for bankruptcy in Texas, as it tries to deal with its debts by selling all of its company-owned restaurants to a group backed by its founders. The firm currently directly owns and operates 151 restaurants, with another 154 operated by franchisees, mainly in the US. The company said its restaurants, […]<\/p>\n","protected":false},"author":2,"featured_media":271027,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/ichef.bbci.co.uk\/news\/1024\/branded_news\/3525\/live\/5d6cc210-0e95-11f0-b234-07dc7691c360.jpg","fifu_image_alt":"","footnotes":""},"categories":[604],"tags":[10161,481,563,208068,22609],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/271026"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=271026"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/271026\/revisions"}],"predecessor-version":[{"id":271028,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/271026\/revisions\/271028"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/271027"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=271026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=271026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=271026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}