r/wallstreetbets • u/JadedAsparagus9639 • 5d ago

News Hooters files for bankruptcy

https://www.cnn.com/2025/03/31/business/hooters-restaurant-bankruptcy?cid=ios_app
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711

u/fatfishinalittlepond 5d ago

I knew they were dead when their CEO went on undercover boss and like a year later he was a franchisee for Twin Peaks

129

u/Malaca83 5d ago

Lmao is this for real?

196

u/traderbusto 4d ago

yes, but the ex CEO did not exactly bail on Hooters company to start a Twin Peaks franchise

He was...fired by the PE firm that bought the chain

62

u/NOT_MartinShkreli MFuggin’ Pro 4d ago

My fiancé is from Myrtle beach area and the hooters founder is one rich icon down there lol

Hell a couple smoke show chicks from my high school worked there and were on the calendars, bikini competitions, etc and got full rides to college through it

47

u/FlyingDragoon 4d ago

That ain't the only ride they got. Ayyeeooo

7

u/NOT_MartinShkreli MFuggin’ Pro 4d ago

Ain’t that the truth

3

u/Rich_Housing971 4d ago

well, that explains why Myrtle Beach is... the way it is.

2

u/Usual_Technology_872 1d ago

I’m from Myrtle and I swear now it’s just a place for 50 year old golfers to flirt with girls that look 16.

1

u/NOT_MartinShkreli MFuggin’ Pro 18h ago

I mean they’re for sure the top demographic around there lol

1

u/Usual_Technology_872 18h ago

I mean to say, other hooters I’ve been to the girls actually look 18, our hooters look like high school freshmen girls in 2003 with no makeup skills going to their first college party. Golfers that come here are extra weird

1

u/Retro-scores 4d ago

The food at twin peaks is better than hooters. The views ar also better.

2

u/Nascent1 4d ago

That was a crazy episode. The manager at the branch was such an asshole. I guess that's not unexpected though.

5

u/chazysciota 4d ago

The CEO started the episode in complete denial about the nature of his shitty company.... appeared to have an epiphany half way through... and ended the ep back in total denial. Everyone was a asshole, except the restaurant workers.

2

u/Dairy_Ashford 4d ago

i watch almost no reality TV but caught that one episode, that location manager was a big ole bowl o' lawsuit

2

u/Juicecalculator 4d ago

twin peaks food is terrible if they still even exist anymore. Hooters is way better.

2

u/swampwiz 1d ago

I knew they were dead when a new location opened up, and all the servers were fat chicks. Nobody wants to see that.