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 ...

Hooters announced Monday it filed for Chapter 11 bankruptcy protection The company plans to sell its 100 owned locations to two franchise groups Hooters has said it will take 90-120 days to exit ...

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

“Our renowned Hooters restaurants are here to stay,” said Hooters of America CEO Sal Melilli. The chain says that as it completes the Chapter 11 bankruptcy process, all Hooters locations will be ...

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.