Hooters abruptly shuts dozens of ‘underperforming stores’ as inflation hammers diners
NY Post
Hooters abruptly closed dozens of “underperforming stores” – the latest chain to shutter restaurants as inflation batters US consumers.
The famed chicken wings brand, known for its skimpy uniforms, cited “pressure from current market conditions” for its decision to close an unspecified number of stores.
“Like many restaurants under pressure from current market conditions, Hooters has made the difficult decision” to close select locations, a spokesperson told The Post on Monday.
Roughly 40 of the 300 restaurants worldwide were shut, including in Florida, Kentucky, Rhode Island, Texas and Virginia, according to Nation’s Restaurant News.
The number of Hooters locations has declined by 12% since 2018, according to restaurant consulting firm Technomic. Meanwhile, competitors Twin Peaks and Dave & Busters have all seen increases since then, CNN reported.
The Hooters rep maintained that the “brand of 41 years” is still “highly resilient and relevant.”