Hooters Joins US Chains Hit by Hard-Up Diners, Rising Food Costs
Higher food prices and cash-strapped customers are hurting Hooters, the latest US restaurant chain to feel the squeeze from sluggish demand
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Welcome to The Brink. I’m Eliza Ronalds-Hannon, a reporter in Atlanta, where I’ve been looking at the struggles of the US restaurant industry. We’ve also been looking at Star Entertainment, Chinese real estate and Altice France. Follow this link to subscribe. Send us feedback and tips at debtnews@bloomberg.net or DM on X to @ElizaHannon.
Hooters of America may be the latest restaurant chain struggling to maintain revenue and repay debt — but it’s hardly the only one.