Hooters of America filed for bankruptcy protection and plans to sell over 100 company-owned restaurants to an investor group that includes Hooters' co-founders and franchisees. Zoom in: The ...

Hooters files for bankruptcy, shifting to franchise-only model as original co-founders join buyer group to revitalize the ...

said a March 31 news release about the restructuring plan. Speaking to Fox News Digital, Kiefer shared how he saw Hooters of America-run restaurants straying from the original founders' vision and ...

It was also reported that the court proceedings are expected to begin by April 2025. "Hooters’ founder plans rescue amid bankruptcy fears" was originally created and published by Verdict Food ...

to draw a crowd beyond what might be considered a core clientele underpins a plan taking shape to save the sputtering chain. If successful, the same Florida founders who sold off the Hooters brand ...

The company said it plans to exit Chapter 11 bankruptcy in ... The buyer group includes the original Hooters founders, including Neil Kiefer, CEO of franchisee group Hooters Inc. “For many ...

The company plans to sell all 151 of its corporate ... restaurants to a buyer group backed by its original founders. Despite the filing, Hooters promises that its restaurants will remain open ...

to draw a crowd beyond what might be considered a core clientele underpins a plan taking shape to save the sputtering chain. If successful, the same Florida founders who sold off the Hooters brand ...