Disaster: Hooters Is Going Bankrupt
By Cody McClure
Hooters is going bankrupt.
This seems to be the low point in American chain restaurant news.
“If tits and chicken wings can’t survive what can” some are asking.
Hooters is preparing for a potential bankruptcy filing as it works with creditors on a plan to restructure operations, according to Bloomberg.
Sources said that a filing could take place within the next two months.
Hooters has roughly 300 locations nationwide.
It seems to be another major chain restaurant brand every other day.
Who will survive? I can’t believe we’ve hit rock bottom.