Hooters, the Atlanta-based sports bar chain, has recently shut down about 40 underperforming restaurants across the United States, joining a growing list of eateries shutting down due to inflation and changing consumer habits, according to reports.

According to Nation’s Restaurant News, on Sunday, there were rumors circulating that many Hooters locations, including those in Lakeland, Florida; Bryan, Texas and Louisville, Kentucky, were closing without warning. Hooters told the publication in a statement on Monday that they made the decision to close select underperforming stores to match current market conditions. In those rare instances, making sure their staff is okay is their priority.

Elon Musk Called This Financial News 'Terrifying'

 

Despite the steep drop in the number of stores, according to NRN, Hooters has faith in the restaurant’s future, which features scantily clad women who serve chicken wings, beer, and more. The restaurant states that there are new restaurants opening worldwide and that Hooters has launched frozen products as well as expanding into new markets with both company and franchise locations. The brand remains relevant and promises to continue serving patrons in its restaurants in the U.S. and all around the globe.

“With new Hooters restaurants opening domestically and internationally, new Hooters frozen products launching at grocery stores, and the Hooters footprint expanding into new markets with both company and franchise locations, this brand of 41 years remains highly resilient and relevant… We look forward to continuing to serve our guests at home, on the go and at our restaurants here in the U.S. and around the globe.” – Hooters

American Made Patriotic Apparel - Save 15% with Promo Code MERICA

Do You Think the United States is Headed in the Right Direction?

Hooters isn’t the only dining chains facing tough times due to inflation and changing consumer habits.

This news follows Red Lobster’s announcement last month that the seafood chain would auction off over 50 locations worldwide days before filing for bankruptcy. TGI Fridays also closed down multiple underperforming restaurants across the U.S. in January. The turbulent state of the restaurant industry today is causing establishments to take action for their survival.

The opinions expressed by contributors and/or content partners are their own and do not necessarily reflect the views of RVM News. Contact us for guidelines on submitting your own commentary.