Hooters Files for Bankruptcy as High Costs Deter Casual Diners
(Bloomberg) — Hooters of America, the casual dining chain known for its chicken wings and skimpy server uniforms, has become the latest iconic restaurant brand to falter in the face of stubborn inflation and Americans’ fading interest in eating out. The Atlanta-based company filed for bankruptcy in Dallas on Monday, saying a “liquidity crunch” prevented … Read more