Sports Bar Chain Continues Closing Restaurants Post-Bankruptcy
Hooters, a sports bar chain, continues to close restaurants following its Chapter 11 bankruptcy. The new owners, Original Hooters, acquired 140 of the 198 domestic locations and 60 international ones, representing $700 million in systemwide sales. The company is undergoing a rebranding effort to return to its roots.
Topics: bankruptcy Hooters restaurant closures restaurant industry trends