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@ Layer3.news
2025-02-23 07:23:43
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AFTER CLOSING DOZENS OF BRANCHES, HOOTER'S IS CONSIDERING FILING FOR BANKRUPTCY.
https://pic1.calcalist.co.il/picserver3/crop_images/2021/10/17/B1mVnvFSK/B1mVnvFSK_1_28_1200_676_0_large.jpg
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✍️ Hooters, the American restaurant chain, is considering filing for Chapter 11 bankruptcy protection and is seeking a court-approved restructuring plan to reorganize its debt.
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👉 Hooters is considering filing for Chapter 11 bankruptcy protection
👉 The company is seeking a court-approved restructuring plan to reorganize its debt
👉 Hooters has hired law firm Ropes & Gray and consulting firm Accordion Partners to help with the process
👉 The company has 300 locations in the US and has closed 40 underperforming restaurants in 2024
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#US #business
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