Hooters Files for Chapter 11 Bankruptcy, Plans Sale of Company-Owned Restaurants

Hooters, the famous American restaurant chain, announced on Monday that it has officially filed for bankruptcy. The company has requested protection under Chapter 11 of the United States bankruptcy law, hoping to resolve its financial difficulties within 90 to 120 days, according to information transmitted by BFM TV. The article American restaurant chain Hooters files for bankruptcy. What is the reason for the decline of the legendary company ap…

The famous Hooters restaurant chain is in serious financial trouble after 41 years.

Hooters chain seeking bankruptcy protection

Hooters, the U.S.-based restaurant chain known for chicken wings and "Hooters Girls" skimpy wait-staff outfits, has filed for bankruptcy protection.

Hooters, the U.S. restaurant chain known for its chicken wings and the uniform developers of its waitresses, filed an application for bankruptcy protection.

Hooters staying abreast of the competition with rebranding

Hooters is well known for their wings, cold beer, endless TVs, and for their waitresses. Those orange shorty shorts and plunging white tees have put the pop in pop culture since they opened in 1983. The demographic has always been men, which worked until it didn’t, as the company is now facing bankruptcy, but they’re not totally deflated.

US restaurant chain Hooters in race to avoid going bust

US restaurant chain Hooters, known for its chicken wings and its scantily clad “Hooters Girls”, has filed for bankruptcy protection.