Hooters Hit by Inflation, Forced to Close 40 Locations Across US Amid Financial Struggles from stories new Watch Video
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⏲ Duration: 1:7 👁 View: 16.7M times ✓ Published: 26-Jun-2024
Description: Hooters abruptly shut down around 40 locations across the US due to poor financial performance. The closures are part of Hooters' 12% decline in total restaurant numbers since 2018, from over 300 locations to around 290. High inflation and changing consumer spending habits have negatively impacted many restaurant chains. Hooters cited \