Looks like another big chain is willing to bite the dust: Bloomberg reported now Those hooters, the most famous “country's bush,” are in speeches with ropes of law ropes and gray to prepare a banking filing, according to the sources near the situation. . It is also reported The chain is facing $ 300 million debt and income.
In the summer of 2024, hooters closed dosen in shops around the country. As the News News Company told the country in time, these stores “could not.” Taught to launch the A Hooters Frozen-Footline In June in the same year and the company expansion “in new markets,” added to the hooters “This brand of 41 years remained stronger and related.”
Hooters will follow Red lobster And TGI Friday to file for bankruptcy and ending locations while the main chains of America are facing dinner and spending preferences. However, the increase in chains Bikini beansTilted kilt, and twin peaks – the latter grew loud and now estimated to have An equity value of $ 1.2 billion – not as Americans have lost interest in the concept of self-lawyer, where the focus is never in the quality of people (women) that it has served. As the vox thought In 2018Some of the hooters struggles may only have to do with the fact that the chain and its food now feel compared to its new competitors.
Hooters tried to exceed its controversial image in the past. In 2017, it was launched A fast casual offhoot called hoots serving the same food A more family friendly (ie, less skimpty) method. At the time, the company is classified to offshoot as a way for hooters to enter “shorter neighborhood” because hoots locations are very small. Also this is a response to reduced sales: the number of hooter locations fall of over 7 percent between 2012 and 2016.
As Greg Morito wrote for the eater in 2019And following the news of a planned hoots expansion, “with more casual service style, the pared menu, and less aggressive branding, hoots as not to fly to the millennium within hooters. ” Hoots never taken, though: Hoots nail location of Atlanta closed last summerLeaves only one locations around the country, according to The Hoots website.
With hooters possibly led for the same fate, all people to go to hooters “for wings” may have to be hit by a wosstop – or one of the many chicken chains Popping these days.