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

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

Hooters filed for Chapter 11 bankruptcy in Texas to address its debt woes as the chain seeks to sell its company-owned ...

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 chain will sell over 100 company-owned locations to two major franchisees, which will also take over franchise support ...

Hooters, the U.S.-based restaurant chain known for chicken wings and “Hooters Girls” skimpy waitstaff outfits, has filed for bankruptcy protection. HOA Restaurant Group filed the motion for Chapter 11 ...

ATLANTA — Hooters of America, the iconic wing restaurant chain known for its scantily-clad all-female waitstaff, has filed ...

Hooters filed for Chapter 11 bankruptcy in Texas to address its debt woes. This development comes as the chain seeks to tackle $376 million in debt by selling its 151 company-owned locations to a ...

At the end of the Chapter 11 process, all Hooters locations will be franchisee-owned, the company also said. For now, Hooters says all locations are remaining open and will operate as usual.