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
22.7k Upvotes

96% Upvoted

2.1k comments sorted by

View all comments

1.1k

u/XDingoX83 5d ago

Another victim of private equity.

716

u/elon42069 5d ago

Buffalo Wild Wings next. Quality went to shit and restaurants are emptier than they used to be

23

u/Budget-Ocelots 5d ago

Wings are more expensive than a steak at any casual restaurant. With this economy, even McD is unaffordable for 35% of Americans.

0

u/vim_deezel 5d ago

If you're willing to drink water with your meal the McD has some pretty good deals actually shrug. I mean it is fast food tho, I don't expect wagyu beef

8

u/Dead_Starks 5d ago

They have a $1 menu with nothing fucking on it. Any restaurant that has to sell my data thru some app I have to use to get good deals instead of just being a patron and driving up to the store can fuck all the way off.