Tuesday, April 01, 2025

Hooters Files for Bankruptcy

Hooters -- the restaurant chain first known for its orange-clad, all-female wait staff and then its chicken wings -- filed for bankruptcy, the company announced Monday. But the decades-old brand said it isn't going anywhere.

Posted by Corky at 01:30 PM | 19 COMMENTS | permalink

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In the bankruptcy process, the company plans to sell all of its 100 company-owned restaurants to two franchisee groups that operate Hooters locations in the Tampa, Florida, and Chicago areas.

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"For many years now, the Hooters brand has been owned by private equity firms and other groups with no history or experience with the Hooters brand," Kiefer said in a press release Monday.

In an interview with Bloomberg News last week, he said that the turnaround plan includes making the chain more family friendly."

Just staying abreast of the news!

#1 | Posted by Corky at 2025-03-31 09:51 PM

So it finally went ---- up.

#2 | Posted by LegallyYourDead at 2025-03-31 10:14 PM

"But the decades-old brand said it isn't going anywhere."

I guess they'll be hanging around for a while then.

#3 | Posted by snoofy at 2025-03-31 10:29 PM

#3

It's a titillating thought... selling off could be a ----- trap, though.

#4 | Posted by Corky at 2025-03-31 10:33 PM

"selling off could be a ----- trap, though."

Going bust? Don't knockers it if you haven't tried it!

#5 | Posted by Danforth at 2025-03-31 10:44 PM

"So it finally went ---- up.
#2 | Posted by LegallyYourDead"

You are a total piece of ---- human being - but that post was pretty funny.

#6 | Posted by ScottS at 2025-04-01 09:38 AM

Working as a line cook at Hooters is what made me decide to go ahead and join the Marine Corps. Terrible job at a terrible company.

#7 | Posted by qcp at 2025-04-01 01:43 PM

#7

What, no perky.... nevermind.

#8 | Posted by Corky at 2025-04-01 01:44 PM

#7 JFC that is funny!

#9 | Posted by snoofy at 2025-04-01 02:00 PM

Too much overhead?

#10 | Posted by TrueBlue at 2025-04-01 02:34 PM

Profits were sagging as the brand aged.

#11 | Posted by MBlue at 2025-04-01 03:59 PM

Just needs additional support to prop them up.

#12 | Posted by MBlue at 2025-04-01 03:59 PM

Ruh ro...Where are all the incels goin to go to see a semi-attractive woman who will talk to em, bring em a sammich and smile at em for a second or two?

Where, I ask ya!

#13 | Posted by Wardog at 2025-04-01 04:27 PM

#13: And enjoy "Three-Mile Island" (TMI) hot sauce: farm4.staticflickr.com

#14 | Posted by C0RI0LANUS at 2025-04-01 04:42 PM

Roger's needs to nip these puns in the bud.
Too titillating for trumpistan .

#15 | Posted by northguy3 at 2025-04-01 04:45 PM

Mike Johnson would have to ask his accountability buddy to monitor him while he read this thread.

#16 | Posted by donnerboy at 2025-04-01 04:53 PM

fwiw, local news ...

Hooters restaurant files for Chapter 11 bankruptcy protection, leaving only one still open in CT
www.ctinsider.com

... Casual dining chain Hooters filed for Chapter 11 bankruptcy protection on Monday and put forth a plan in which two of its franchisees would acquire select locations around the country to keep some restaurants open.

The bankruptcy filing in a federal court in Texas ends weeks of speculation regarding Hooters financial future. The chain closed about 40 restaurants last year, including a location in Manchester.

That closing left the Hooters on the Berlin Turnpike in Wethersfield as the chain's only remaining location in Connecticut. Hooters, which first opened in Cleawater, Florida in 1983, is best known for its chicken wings and scantily-clad waitresses.

The company is owned by Nord Bay Capital, a private equity firm that acquired Hooters in 2019. It's divided into two holding companies with different headquarters: Hooters of America LLC is headquartered in Atlanta, Georgia, while Hooters Inc. is headquartered in Clearwater, Florida. ,,,


#17 | Posted by LampLighter at 2025-04-01 11:48 PM

MAGA is looking for a new brand, where under age boys comprise most of the service staff.

#18 | Posted by Whatsleft at 2025-04-02 07:41 AM

Good. disgusting exploitation of women. Now if our government REALLY wanted to clean something up, they would ban prostitution online via Onlyfans, Fansly, etc.

#19 | Posted by e1g1 at 2025-04-02 11:30 AM

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