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It seems that another major chain may be ready to cut the dust: Bloomberg Today’s information He is interacting with law firm ropes and gray to prepare bankruptcy filing, according to sources close to the situation, the hooter, the country’s most famous “Brester”. (Neither hooter nor law firm responded to publication requests for comments.) In September 2024, Bloomberg Also told that The series was facing $ 300 million loan and falling revenue.
Summer of 2024, Hooter Closed dozens Nationwide shops. As the company had told the nation’s restaurant news at that time, these stores were “underperforming”. Pointing to the launch of A hooter frozen-food line In June of the same year and the company’s expansion “in new markets”, Hooter said that “this 41 -year brand is highly flexible and relevant.”
Will follow the hooter red Lobster And TGI on Friday faces dinner’s preferences and spending behavior as the US major series in filing for bankruptcy and closing locations. However, looking at the rise of chains Bikini beansTilted kilt, and twin peaks – the latter is growing rapidly and now Estimated An equity value of $ 1.2 billion – it does not seem that Americans have lost interest in the concept of breastfeeding, where attention has never been actually on the quality of food. it. As Vokes has estimated In 2018Some struggles of the hooter may just have to be done with the fact that the series and its food now seems older than their new rivals.
Hooter has tried to go beyond its controversial image in the past. In 2017, it was launched A fast-casual offshoot Hoots called Hoots served with similar food One more family friendly (Ie, low skimp) approach. At that time, the company classified the offshoot for the hooter to enter the “more and small neighborhood” for the hooter because the locations of the hoots would be small. It also seemed like a reaction to a decline in sales: the number of hooter places Dropped More than 7 percent between 2012 and 2016.
As Greg Morbito Written for the eater in 2019After the news of a planned hoots expansion, “With its more casual service style, the below menu, and with low aggressive branding, Hoots Milleniels have gears that can not put legs inside the hooter otherwise.” Hoots has not actually taken, though: Hoots Wings Sthal in Atlanta Last summer closedExcept for only three places across the country, As Hoots website.
Probably led to the same fate with the hooter, all those who go “for wings” for the hooters, just a wingstop may have to hit – or one of many other chicken chains Popping these days,
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