Hooters, Red Lobster and TGI Fridays: Why America has lost its appetite for casual dining chains

Hooters axes bikini nights, embraces charity work in post-bankruptcy overhaul

Hooters CEO Sal Melilli detailed the restaurant's highly anticipated "return to glory" as restaurants nationwide prepare for a brand overhaul.

NY Times: Decline of Middle-Class Eateries a Loss

A perfect combination of technology, economics, changing cultural tastes, and the lingering effects of the COVID-19 lockdowns have put America’s middle-class eateries on an inescapable decline, The New York Times reported. Restaurants that are too pedestrian to be considered high-end yet take too long to be considered fast food are finding themselves losing customers and locations rapidly. Americans have shifted their priorities and have moved a…

How two Army veterans built Hooters internationally

Veterans are known for their entrepreneurial ways. Some try their hands at real estate, consulting or even t-shirts. Lynn “L.D.” Stewart created a restaurant post-Army service that has survived the tumultuous world of dining while creating a name for itself among the American public: Hooters. Yes, you guessed it, the restaurant chain that has locations all over the U.S. and the world, although now it is going through survival pains and restructu…

Controversial restaurant chain will stay open despite bankruptcy

Hooters is keeping the lights on at its remaining locations despite its recent bankruptcy filing.

Hooters, Red Lobster and TGI Fridays: Why America has lost its appetite for casual dining chains

Rising prices and shrinking budgets are pushing diners away from sit-down chains like Hooters and Red Lobster. Fast food and fast-casual options are taking their place

Iconic Chain Shuttering More Restaurants, Scaling Back Hours

Denny’s is closing dozens of restaurants and scaling back 24/7 service as it tries to cut costs and boost profitability after a difficult year. Key Facts: Denny’s closed 88 restaurants in 2024 and plans to close about 75 more in 2025. The average closed location had been open for nearly 30 years with sales just under $1.1 million. Operating revenue dropped from $463.9 million in 2023 to $452.3 million in 2024. Same-store sales were down 0.2% fo…