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Still, Hooters struggled to grow. The chain did $867 million in U.S. sales in 2023, edging up less than 1% from the previous year, according to market-research firm Technomic. It ...
The group that created the casual-dining breastaurant chain will soon reclaim more than 100 locations out of bankruptcy. On the agenda: ...
Hooters files for bankruptcy, shifting to franchise-only model as original co-founders join buyer group to revitalize the ...
Hooterization” is planned for the casual sports bar chain if two franchisee groups are able to buy dozens of corporate restaurants as the company navigates Chapter 11 bankruptcy. Hooters, ...
Hooters will sell all of its company-owned restaurants to a franchise group backed by some of the company’s original founders, the company announced Monday. The privately-owned Hooters directly owns ...
to draw a crowd beyond what might be considered a core clientele underpins a plan taking shape to save the sputtering chain. If successful, the same Florida founders who sold off the Hooters brand ...
Hooters — the restaurant ... he said that the turnaround plan includes making the chain more family friendly. Kiefer said that the founder-led buyout will allow the brand to go “back to ...
The chain enters chapter 11 in the U.S. Bankruptcy Court in Dallas with a plan to rebound by bringing back its original founders for a new management team that will aim to keep Hooters going and ...
Hooters of America restaurant chain filed for bankruptcy, but your local sports bar is likely here to stay, the company said. Hooters will sell all of its company-owned restaurants to a franchise ...
to draw a crowd beyond what might be considered a core clientele underpins a plan taking shape to save the sputtering chain. If successful, the same Florida founders who sold off the Hooters brand ...