Hooters of America filed for bankruptcy in Texas Monday. The restaurant chain is facing debt amid financial challenges and less customers. Hooters of America, with three Michigan restaurants, is ...

Hooters "made the difficult decision" to close 30 locations, effective Wednesday.

It seems like no one wants to eat (or shop) IRL anymore. From Red Lobster to Joann Fabrics, chain restaurants and stores have been filing for bankruptcy left and right. Hooters, known for its chicken ...

Bankruptcy might buy a company more breathing room financially, but it does not fix any underlying problems. That's why it's fairly common for companies to file for Chapter 11, reorganize their ...

FAT Brands has filed for bankruptcy as it battles to try to account for a whopping $1.3 billion in debt, according to multiple reports. Those not familiar with FAT Brands probably are surely familiar ...