Hooters, the restaurant chain recognized for its hen wings, its all-female serving employees in revealing outfits and its slogan — “delightfully cheesy, but unrefined” — has filed for chapter in a Texas court docket, the corporate introduced on Monday.
Underneath the chapter settlement, a gaggle that features the corporate’s founders — who independently run a couple of third of the franchised areas in america — will purchase the company-owned eating places in america from the personal fairness agency that owns the chain.
The difficult chapter submitting is a strategy to preserve most of the eating places open.
“Our famend Hooters eating places are right here to remain,” the corporate stated in its announcement. In the course of the chapter proceedings, Hooters eating places will proceed working — as the corporate stated on a site explaining the transaction, “It’s all the time hold time at Hooters.”
Hooters, happy with its Buffalo hen wings however well-known for the low-cut tops and vibrant orange scorching pants worn by its waitresses, has greater than 400 areas throughout 42 states and 29 nations. A few of these eating places, together with the worldwide areas, are run as franchises and won’t be affected by the chapter course of, the corporate stated.
After the method is accomplished, the entire chain’s areas shall be franchises.
Studies that Hooters was contemplating submitting for chapter have been swirling for weeks, and first appeared in Bloomberg News. Final summer time, Hooters closed dozens of eating places.
This week, Neil Kiefer, the chief govt of an unbiased firm that runs a gaggle of authentic Hooters eating places, informed Bloomberg that he was planning what he known as a “re-Hooterization,” or rebrand, which would come with ending the chain’s “bikini nights.”
Mr. Kiefer is among the many proposed patrons of Hooters areas from their personal fairness homeowners. “As we glance towards the long run, we’re dedicated to restoring the Hooters model again to its roots,” he stated in a press release asserting the chapter course of.
The rebrand will purpose to present Hooters a extra healthful picture. In 2021, the corporate confronted backlash after altering its uniforms to incorporate shorts that had been so tiny that they resembled underwear. Hooters shortly reverted its coverage, giving employees members a alternative of what shorts to put on.
Hooters will not be the one well-known eating chain to wrestle over the previous few years, partly due to fallout from pandemic closures and inflation squeezing shoppers’ budgets. In November, TGI Friday’s filed for bankruptcy protection, and final Could, Purple Lobster, the American seafood staple, did the same.
Hooters began 42 years in the past, when “six businessmen with completely no earlier restaurant expertise obtained collectively and determined to open a spot they couldn’t get kicked out of,” in response to the chain’s web site. The primary location opened in Clearwater, Fla., in October 1983.
The chain grew steadily, and its wide-eyed owl brand and orange lettering turned ubiquitous within the Nineties and early 2000s, each on its many eating places and in well-liked tradition. In its heyday, Hooters’ branding may very well be seen at shovel racing competitions, on an enviornment soccer staff and at a professional golf tour, to call a couple of. It even appeared on an airline, Hooters Air, which operated for 3 years, from 2003 to 2006.
