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After Decades of Service, Hooters Declares Bankruptcy - MSN
Hooters of America filed for Chapter 11 bankruptcy in a U.S. Bankruptcy Court in Texas on Monday, March 31st, and expects to complete the process within 90 to 120 days.
Hooters also closed dozens of locations prior to bankruptcy in early 2024. Hooters’ changes follow the closures of 15 locations of Bahama Breeze, a restaurant chain owned by Darden Restaurants.
Hooters also shares a private equity owner with TGI Fridays, which also filed for Chapter 11 bankruptcy protection in November 2024, citing several business challenges including the COVID-19 pandemic.
Hooters of America filed for bankruptcy in Texas Monday. The restaurant chain is facing debt amid financial challenges and less customers. Hooters of America, with three Michigan restaurants, is ...
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