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Hooters expected to file for bankruptcy. Will last Michigan locations close?

Hooters expected to file for bankruptcy. Will last Michigan locations close?

Yahoo26-02-2025

Hooters, the sports-bar-restaurant chain known as much for its waitresses' attire as for its food, is gearing up to file bankruptcy in a few months to restructure its debt, according to reports from Bloomberg News and other outlets.
In Michigan, the chain was once widespread, but now operates three restaurants in Flint, Saginaw and Taylor.
'Like many restaurants under pressure from current market conditions, Hooters has made the difficult decision to close a select number of underperforming stores,' the Atlanta-based sports bar chain said at the time in a statement to Nation's Restaurant News.
Here's what to know about the restaurant chain in Michigan.
Hooters has not officially commented on its bankruptcy, although last year the company closed at least 40 locations nationwide, including four in Florida. One location, in Lakeland, was said by locals to have been the second Hooters ever opened, in 1984.
Hooters first opened in 1983 in Clearwater, Florida, after six businessmen with no restaurant experience wanted to open a place they couldn't be kicked out of.
Now, there are more than 420 Hooters across 29 countries.
Florida remains the home to 44 Hooters, more than any other state. Texas is the closest, with 39.
The chain has three locations in Michigan, including:
Flint: 3415 Miller Road, 48507
Saginaw: 5538 Bay Road, 48604
Taylor: 21250 Eureka Road, 48180
The chain once had restaurants in Grand Rapids, Bay City, Sterling Heights, Port Huron (Fort Gratiot Township), Roseville, Troy and other cities.
The chain also started a spinoff chain called Hoots Wings.
C. A. Bridges contributed reporting.
Jalen Williams is a trending reporter at the Detroit Free Press. Contact him at jawilliams1@freepress.com.
This article originally appeared on Detroit Free Press: 3 Michigan Hooters left as company considers bankruptcy. What to know

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Why NYC's most exclusive social clubs are hot with investors

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Paige DeSorbo Is Launching Her Own Sleepwear Brand

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Alexis Road (reopened May 15) Warren: 4331 Mahoning Ave. NW (reopened May 1) Wintersville: 498 Cadiz Road (reopened May 1) Wheelersburg: 9025 Ohio River Road (reopening June 5) Youngstown: 7100 South Ave. (reopened May 1) "We're thrilled to bring the Big Lots brand back to life by offering more deals than ever, lots of famous brands and a new apparel department for the entire family,' Lisa Seigies, president and CEO of Variety Wholesalers, said in an April press release. 'We're opening stores quickly so we can serve the community. We know the stores won't be perfect to start, but each week we'll add more new products as we build towards the grand opening celebration in the fall.' Ollie's Bargain Outlet of Harrisburg, Pennsylvania, announced in March it was acquiring 40 Big Lots locations across the country, including four in Ohio. The four Ohio locations are: Middletown: 4633 Roosevelt Blvd. Bowling Green: 818 S. Main St. Chardon: 540 Water St. Findlay: 1925 Tiffin Ave. "Everything about these stores lines up well with our business and growth strategy. These locations are the right size, come with favorable lease terms, are located in existing and adjacent trade areas, and have long serviced value-conscious consumers,' Eric van der Valk, president and CEO of Ollie's, said in the release. In all, more than 600 Big Lots locations have closed or will close around the country. Gordon Brothers Retail Partners of Boston, the liquidation firm helping Big Lots through its bankruptcy process, put those leases up for sale in January, the Dispatch previously reported. In Ohio, 56 locations in the state will close. The Big Lots locations in Ohio that will close or already have closed are: Ashtabula: 2466 W. Prospect Road Athens: 918 E. State St. Beachwood: 24295 Chagrin Blvd. Bellefontaine: 1760 S. Main St. Bowling Green: 818 S. Main St. Brunswick: 1733 Pearl Road Cambridge: 1755 Southgate Blvd. Chardon: 540 Water St. Chillicothe: 985 N. Bridge St. Circleville: 201 Lancaster Pike Cleveland: 6282 Pearl Road Cleveland: 14901 Lorain Ave. Columbus: 4260 West Broad St. Columbus: 4645 Morse Centre Road Columbus: 4870 Morse Road Coshocton: 300 Downtowner Plaza Dayton: 164 Woodman Drive Delaware: 159 S. Sandusky St. Dublin: 6569 Sawmill Road Findlay: 1925 Tiffin Ave. East Liverpool: 15977 State Route 170 Fairfield: 4613 Dixie Highway Hartville: 840 W. Maple St. Heath: 851 S. 30th St. Hilliard: 5419 Roberts Road Holland: 1588 Spring Meadows Drive Huber Heights: 5555 Executive Blvd. Jackson: 570 E. Main St. Lebanon: 726 E. Main St. Lima: 2100 Harding Highway Lorain: 1211 Tower Blvd. Marion: 1615 Marion Mount Gilead Road Marysville: 15714 U.S. Highway 36 Miamisburg: 1220 E. Central Ave. Middletown: 4633 Roosevelt Blvd. Milford: 825 Main St. Niles: 5555 Youngstown Warren Road Norwalk: 205 Milan Ave. Ontario: 929 N. Lexington Springmill Road Oregon: 3010 Navarre Ave Parma: 7512 Broadview Road Pickerington: 1171 Hill Road N. Piqua: 1254 E. Ash St. Portsmouth: 2523 Gallia St. Springfield: 205 E. Leffel Lane Strongsville: 15177 Pearl Road Tiffin: 644 W. Market St. Toledo: 3234 Secor Road Trotwood: 5009 Salem Ave. Van Wert: 1155 S. Shannon St. Wadsworth: 160 Great Oaks Trail Willoughby: 35101 Euclid Ave. Wilmington: 1334 Rombach Ave. Wooster: 1925 Cleveland Road Youngstown: 4341 Kirk Road Zanesville: 3515 Maple Ave. In Kentucky, these stores, including three — Bellevue, Covington and Florence — near Cincinnati, are slated to close: Ashland: 711 Martin Luther King Jr. Blvd. Bellevue: 15 E. 6th St. Bowling Green: 3000 Scottsville Road Brandenburg: 777 Bypass Road Corbin: 14659 N. U.S. Highway 25 Covington: 3905 Winston Ave. Florence: 6829 Burlington Pike Frankfort: 1300 U.S. Highway 127 Georgetown: 1651 Paris Pike Glasgow: 942 Happy Valley Road Harlan: 116 Village Center Road Lexington: 820 Lane Allen Road Louisville: 5518 New Cut Road Louisville: 6650 Dixie Highway Louisville: 4121 Shelbyville Road Louisville: 5252 Bardstown Road Mayfield: 1109 Paris Road Maysville: 1162 U.S. Highway 68 Morehead: 370 Kroger Center Murray: 700 N. 12th St. Owensboro: 4610 Frederica St. Paducah: 3200 Irvin Cobb Road Pikeville: 255 Weddington Branch Road Prestonburg: 371 Village Drive Shepherdsville: 445 Highway 44 E. Big Lots filed for Chapter 11 bankruptcy protection on Sept. 9, 2024, the Dispatch reported previously. The company blamed inflation and high interest rates for taking a toll on its customers. Los Angeles-based investment company Nexus Capital Management had agreed to buy most of its assets, but that deal fell through in December. Gordon Brothers then stepped in to buy Big Lots out of bankruptcy and then sell some of the stores to Variety. Big Lots joins several other national retailers in filing bankruptcy and closing stores in 2025. They include: Joann Fabrics has closed all 850 stores nationwide. JCPenney is closing a handful of stores in eight states. Macy's plans to close 150 stores by 2026, and recently named 66 of those locations. Kohl's is closing 27 "underperforming" stores. This article originally appeared on The Columbus Dispatch: Ohio, Kentucky Big Lots stores among 80 reopening in June. See full list

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