Another major U.S. restaurant chain appears to be headed toward bankruptcy. Hooters of America is reportedly working with its creditors on restructuring its business via bankruptcy, according to a new ...
Hooters filed for Chapter 11 bankruptcy in Texas to address $376 million in debt. The company plans to sell all 151 of its corporate-owned restaurants to a franchisee-backed buyer group. Hooters ...
WASHINGTON — Just two months after filing for Chapter 11 bankruptcy protection and proclaiming its restaurants are "here to stay," Hooters has now abruptly closed dozens of locations across several ...