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

According to past reports, Hooters faced financial challenges as foot traffic in the eatery decreased. Fans of the cheeky (chesty?) chain previously joked that the downfall of Hooters could be ...

Hooters had sponsored the No. 9 NASCAR car driven by Chase Elliott since 2017 but last year, Hendrick Motorsports ended its ties with the longtime sponsor because it wasn't meeting its financial ...

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

All Hooters locations will remain open and will operate under a “business-as-casual manner,” during Chapter 11 procedures. Additionally, the company will address financial challenges by ...

But its business strategy has faced challenges over the years ... has also been forced to scale back as its financial woes mounted. In 2019, the Hooters hotel-casino off the Las Vegas Strip ...

“Today’s announcement marks an important milestone in our efforts to reinforce Hooters’ financial foundation ... Its business strategy has faced challenges over the years, including lawsuits ...

Hooters of America, with three Michigan restaurants, is filing for bankruptcy amid financial struggles ... citing several business challenges including the COVID-19 pandemic.

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 ...