Hooters Prepares for Bankruptcy Amid Financial Struggles
The restaurant chain plans to restructure through Chapter 11 due to declining foot traffic, rising operational costs and significant debt, potentially affecting its 300 locations.
MORE STORIES LIKE THIS
Paris Baguette Ranks Among Top Franchises on Entrepreneur’s Franchise 500® for 2025
RestaurantNews: Franchisees File Comprehensive Legal Complaint Against Hurricane AMT
ABC News: Recession Risks Are Rising, Economists Say. Here’s What to Know.
Restaurant Business Online: Franchisees Sue I Heart Mac and Cheese