Booty shorts and all-American wings: The rise and fall of Hooters, from boom to bankruptcyNEWS | 02 April 2025Hooters filed for Chapter 11 bankruptcy on Monday. Carsten Rehder/picture alliance via Getty Images
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The restaurant apocalypse has claimed another victim: Hooters of America.
The fast-food chain, known for its chicken wings served by waitresses in bright orange booty shorts, filed for Chapter 11 bankruptcy on Monday in the US Bankruptcy Court in the Northern District of Texas.
The news of the filing came one day short of Hooters' 42nd anniversary. The company was incorporated on April Fool's Day in 1983.
The company said in a press release on Monday that its restaurants will remain open to customers and that business will operate as usual.
It added that it would sell some company-owned stores to a franchise group backed by the company's founders. The company said it aims to emerge from bankruptcy in about 90 to 120 days.
The filing comes as restaurant chains face a difficult stretch. Several other eateries, such as Red Lobster, Bar Louie, and TGI Friday's Inc., have filed for bankruptcy in the past year.
Here's a recap of Hooters' 42 years in the business.Author: Aditi Bharade. Source