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Hooters, the Atlanta-based sports bar chain, has closed nearly 40 underperforming restaurants across the U.S. due to market pressures and changing consumer habits.
“Like many restaurants under pressure from current market conditions, Hooters has made the difficult decision to close a select number of underperforming stores,” Hooters stated. “Ensuring the well-being of our staff is our priority in these rare instances.”
Despite a 12% decline in the number of stores since 2018, Hooters remains optimistic about its future, emphasizing new openings and product launches.
“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,” the restaurant stated.
“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.”
The closures are part of a trend affecting dining chains, with other restaurants like Red Lobster and TGI Fridays facing challenges such as inflation and shifting consumer behaviors.
