by SBG San Antonio
Sat, February 22nd 2025 at 7:43 AM
A Hooters restaurant in Rohnert Park, California, US, on Friday, Feb. 21, 2025. Hooters of America is working with creditors on a plan to restructure the business through bankruptcy court in the coming months, according to people with knowledge of the arrangements. Photographer: David Paul Morris/Bloomberg via Getty Images
ATLANTA — Hooters, the casual dining chain known for its sports bar atmosphere and chicken wings, may be on the brink of filing for bankruptcy.
According to Bloomberg News, the company has secured a law firm to initiate the bankruptcy process in the coming months. Hooters is reportedly collaborating with creditors to formulate a plan to restructure its operations.
The chain, which is also recognized for its scantily clad waitresses, is taking these steps as part of its efforts to address financial challenges.