Hooters files for bankruptcy | CNN Business

New York CNN  — 

Hooters — the restaurant chain first known for its orange-clad, all-female wait staff and then its chicken wings — filed for bankruptcy, the company announced Monday. But the decades-old brand said it isn’t going anywhere.

In the bankruptcy process, the company plans to sell all of its 100 company-owned restaurants to two franchisee groups that operate Hooters locations in the Tampa, Florida, and Chicago areas. The combined group collectively operates a third of the US franchised-owned locations, according to the press release.

Hooters joins other fast-casual restaurants, such as BurgerFi and

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