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

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 CEO Sal Melilli detailed the restaurant's highly anticipated 'return to glory' as restaurants nationwide prepare for ...

It's the latest restaurant chain to undergo restructuring, which will see it move from mostly company-owned to franchisee-owned locations.

Hooters of America said the Chapter 11 bankruptcy filing would allow it to continue normal operations during the proceeding.

Hooters of America has filed for bankruptcy. The restaurant chain, known for its signature wings and sports bar atmosphere, revealed plans to sell its company-owned locations to two existing ...

Hooters announced that it has filed for bankruptcy, but clarified in a press release that this doesn't necessarily mean it's ...

Hooters of America, with three Michigan restaurants, is filing for bankruptcy amid financial struggles. The sports bar and grill chain filed for bankruptcy in Texas on Monday after accumulating $ ...

A buyer group comprised of two existing Hooters franchisees has agreed to acquire and operate certain Company-owned Hooters locations, the company said in a press release. At the end of the Chapter 11 ...

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