Hooters of America has become the latest major restaurant chain to file for bankruptcy after accumulating $376 million in ...

The company expects to emerge from bankruptcy within a few months, after which all restaurants will be owned by franchisees.

The company cited $376 million in debt as the primary reason for the filing ... Like many casual dining chains, Hooters has faced significant challenges in recent years. Inflation, rising labor and ...

Hooters of America has become the latest major ... filing in Texas on Monday after accumulating $376 million in debt. Through the protection, the Atlanta-based company aims to sell 151 of its ...

Declining sales, rising costs and a large debt burden of approximately US$300 million have threatened Hooters’ long-term ... and to never challenge them. Suffice it say, these demands can ...

Court documents show that the company currently holds $376 million in debt while ... has faced challenges over the years, including lawsuits over its hiring of only “Hooters Girls” to serve ...

Hooters of America filed for bankruptcy in Texas Monday. The restaurant chain is facing debt amid financial challenges and less customers. Hooters of America, with three Michigan restaurants ...

The sports bar and grill chain filed for bankruptcy in Texas on Monday after accumulating $376 million in debt ... business challenges including the COVID-19 pandemic. There are 305 Hooters ...