Restaurant chain Hooters goes bust and files for bankruptcy protection
Hooters is going bust. The U.S. restaurant chain, known for chicken wings and its skimpy “Hooters Girls” wait-staff outfits, has filed for bankruptcy protection. HOA Restaurant Group filed the motion for Chapter 11 protection Monday in the North Texas Bankruptcy Court in Dallas. It’s the latest legacy restaurant chain to run into financial trouble amid high […]
Party City declares bankruptcy, closing 700 stores, including 18 in Va.
Party City filed for bankruptcy Saturday and said it would “commence a wind down of its retail and wholesale operations and going out of business sales at its approximately 700 stores nationwide,” including 18 stores in Virginia. The company just came out of bankruptcy in September, after bringing on a new CEO, Barry Litwin, in […]