News that Hooters is in financial trouble may not be surprising, but shockingly, the company has no plans to close any locations or halt operations.

After the recent announcement that Hooters of America has filed for Chapter 11 bankruptcy as part of an effort to enable a founder-led buyout and restructuring of the popular restaurant chain ...

Seattle has the original Starbucks. Miami boasts the site of the first Burger King, now a for-auction car lot. As for Tampa ...

According to a press release, the company plans to sell all of its 100 company-owned restaurants to two franchisee groups that include the original Hooters founders. The two companies currently ...

Hooterization” is planned for the casual sports bar chain if two franchisee groups are able to buy dozens of corporate restaurants as the company navigates Chapter 11 bankruptcy. Hooters, ...

Eater Dallas later reported how the bankruptcy and closures didn’t necessarily spell the end for the Atlanta-based chain, though: A partnership between Hooters founder, HMC Hospital Group ...

The franchisees, who include Hooters’ founders, currently operate 14 of ... Hooters franchisees and we will be well-positioned to return this iconic brand to its historic success.” ...