Hooters of America, LLC filed for Chapter 11 bankruptcy protection in March, reviewing its operational footprint without announcing closures. However, at least 23 locations across 12 states have recently closed, according to a review of phone messages and Google listings. The closures impact locations in Florida, Georgia, Indiana, Illinois, Kentucky, Michigan, Missouri, North Carolina, South Carolina, Tennessee, and Texas. Hooters stated that the closures were a "difficult decision" and part of its broader transformation. When it announced its bankruptcy, Hooters said it was "here to stay," but left open the possibility of shuttering locations. The company is evaluating its operational footprint and has decided to close some stores. Hooters of America plans to divest its ownership of physical stores and sell many to existing franchisees, transitioning to a licensing company. The company has faced struggles for years, including higher costs and reduced foot traffic, and expects its bankruptcy proceeding to wrap up this summer.
fastcompany.com
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