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RE: Hooters Facing Bankruptcy

in LeoFinance23 days ago

If Hooters ends up off the map, it would be more the loss of a cultural icon than the loss of dining.

Regardless, the USA has long been severely over-restauranted and over-retailed.

Even here in a local sense, we have seen a major reduction in the number of eateries in our town, in spite of this being a tourist venue. We're not seeing turnover, we're seeing a straight REDUCTION.

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That is true. It is not exactly fine cuisine. Over the years, the quality of the wings declined meaning that it will not be a great loss.