Primary Country (Mandatory)

Other Country (Optional)

Set News Language for United States

Primary Language (Mandatory)
Other Language[s] (Optional)
No other language available

Set News Language for World

Primary Language (Mandatory)
Other Language(s) (Optional)

Set News Source for United States

Primary Source (Mandatory)
Other Source[s] (Optional)

Set News Source for World

Primary Source (Mandatory)
Other Source(s) (Optional)
  • Countries
    • India
    • United States
    • Qatar
    • Germany
    • China
    • Canada
    • World
  • Categories
    • National
    • International
    • Business
    • Entertainment
    • Sports
    • Special
    • All Categories
  • Available Languages for United States
    • English
  • All Languages
    • English
    • Hindi
    • Arabic
    • German
    • Chinese
    • French
  • Sources
    • India
      • AajTak
      • NDTV India
      • The Hindu
      • India Today
      • Zee News
      • NDTV
      • BBC
      • The Wire
      • News18
      • News 24
      • The Quint
      • ABP News
      • Zee News
      • News 24
    • United States
      • CNN
      • Fox News
      • Al Jazeera
      • CBSN
      • NY Post
      • Voice of America
      • The New York Times
      • HuffPost
      • ABC News
      • Newsy
    • Qatar
      • Al Jazeera
      • Al Arab
      • The Peninsula
      • Gulf Times
      • Al Sharq
      • Qatar Tribune
      • Al Raya
      • Lusail
    • Germany
      • DW
      • ZDF
      • ProSieben
      • RTL
      • n-tv
      • Die Welt
      • Süddeutsche Zeitung
      • Frankfurter Rundschau
    • China
      • China Daily
      • BBC
      • The New York Times
      • Voice of America
      • Beijing Daily
      • The Epoch Times
      • Ta Kung Pao
      • Xinmin Evening News
    • Canada
      • CBC
      • Radio-Canada
      • CTV
      • TVA Nouvelles
      • Le Journal de Montréal
      • Global News
      • BNN Bloomberg
      • Métro
Hooters closes several ‘underperforming’ restaurants

Hooters closes several ‘underperforming’ restaurants

CNN
Monday, June 24, 2024 04:22:28 PM UTC

Hooters is the latest chain to close dozens of locations across the US, blaming tough economic challenges that restaurants are contending with including rising food and labor costs.

Hooters is the latest chain to close dozens of locations across the United States, blaming tough economic challenges including rising food and labor costs. “Like many restaurants under pressure from current market conditions, Hooters has made the difficult decision to close a select number of underperforming stores,” a spokesperson told CNN. The company did not release a list of affected locations or specific number. However, according to local reports, several dozen locations of the wing chain have closed, spanning several states including Florida, Kentucky, Rhode Island, Texas and Virginia. Some of those closed over the weekend, with others shuttering in the past few weeks. Despite the closures, Hooters said the 41-year-old brand “remains highly resilient and relevant,” pointing toward its new lineup of frozen food sold at grocery stores and new restaurant openings overseas. “We look forward to continuing to serve our guests at home, on the go and at our restaurants here in the US and around the globe,” the company said. Accounting for the closures, Hooters has about 300 global locations — a nearly 12% decline since 2018, per Technomic, a restaurant consulting firm. In comparison, rivals like Twin Peaks and Dave & Busters have all grown since then.

Read full story on CNN
Share this story on:-
More Related News
US stocks just posted a third straight year of stellar gains

The US stock market just achieved something so rare that it’s only happened six times since the 1940s: three consecutive years of double-digit gains.

© 2008 - 2026 Webjosh  |  News Archive  |  Privacy Policy  |  Contact Us