The restaurant industry has always been vulnerable to economic shifts, changing consumer behavior, and operational challenges. But over the past year, a perfect storm of inflation, labor shortages, ...

Donald Trump has tapped Nick Adams, a MAGA diehard known for his obsessions with Hooters, to serve as the U.S. ambassador to Malaysia.

Nearly 350 full-service chain restaurants closed amid bankruptcy in 2024, mostly at TGI Fridays and Red Lobster. It ended a ...

Corporate bankruptcies have been on the rise for three years. Here are the most startling bankruptcies of 2025 so far, with a ...

Del Monte bankruptcy highlights shift from canned to fresh foods. Del Monte Foods files for Chapter 11 and seeks strategic sale amid debts.

Hooters of America LLC franchise operators slated to take over the bankrupt restaurant chain shouldn’t be entitled to $6 million in proposed breakup fees if the cashless deal falls through, company ...

Hulk Hogan's newly-created beer company said it was planning to bid on the Hooters franchise in an attempt to save it from going under.

Hooters of America LLC reached a $4.5 million global settlement with creditors that weren’t expected to recover anything under the casual dining chain’s bankruptcy plan.