Reported 9 months ago
On June 26, 2024, reports reveal that the long-established American chain restaurant Hooters, famous for its allure of attractive servers, has been experiencing a wave of closures with nearly 40 branches shut down locally in the US. With approximately 300 outlets globally, Hooters has been downsizing since 2018, reducing its locations by nearly 12%. The closures are attributed to increased food and labor costs, aligning with challenges faced by other restaurants in the market. Despite these closures, Hooters, with a 41-year history, believes in its resilience and market relevance to continue attracting customers.
Source: YAHOO