Operations
Hooters closes some struggling restaurants, citing a difficult market
The sports bar chain abruptly shut its doors in parts of Texas, Florida, Kentucky and Virginia. A local media outlet put the total number of closures at 40.
Operations
Lower-income consumers remain a problem for Olive Garden
The Italian restaurant chain said it’s keeping prices low and doing more to promote value, including its bottomless breadsticks. But it refuses to jump on the discounting bandwagon to drive traffic.