Hooters CEO on Pivot: No More 'Butt Cheeks Hanging Out'

[Rasille]

Their wings were good.

 

[DaylitoJames]

That’s why them Mexican sports bars be going up on a Tuesday
If you never been in one of them joints
Ass and titties be everywhere

 

[datnigDASTARDLY]

They never had ass though

Even if, by some miracle, they did have ass...that 80s era unfirm with them leggings and socks ain't it

 

[CopiousX]

All these restaurants going out of business. TGI Fridays, Chili's, Apple bees, Red Lobster.

Non-coincidentally, every single one of them had private equity firms buy majority stakes or even the entire enterprise before they got shytty. It's by design.

These private equity firms are hoping to reduce quality before the consumer realizes their favorite restaurant is under new management.

At this point the general public should all be watching the mergers and acquisitions news of the restaurants we like . If everyone stopped eating at these places the minute that they were bought by these bankers, then the practice of them gutting restaurants would stop. It would be poison to billionaires' portfolio.

 

[Robbie3000]

Damn so none of yall watched the video.

Basically Hooters is run by two groups. The founder owns and runs 24 restaurants. The rest are owned by Private equity.

The founders’ restaurants keep the classic Hooters look and feel, but the PE owned restaurants try a bunch of gimmicky ideas like making the girls shorts extra short. They cut corners by using cheaper ingredients.

PE owned restaurants lose money. The founder owned restaurants are profitable.

So the story is a juxtaposition of businesses run by founders who know the brand and care about the business vs businesses owned and run by soulless PE ghouls.

 

[Wepa Man]

fukk THEM SKINNY HOES

 

[O.T.I.S.]

Even if, by some miracle, they did have ass...that 80s era unfirm with them leggings and socks ain't it

Tbh I always thought Hooters was wack as fukk and I think Twin Peaks is the same now.


Even with watching fights (only time I even go is when coworkers invite me to watch the fights) the place is unimpressive.

And idc about watching young bony thots walk around with skimpy outfits, bad attitudes, and shytty food.

 

[Clayton Endicott]

I thought they been went out of business

 

[Chip Skylark]

I hate that they closed all of the Hooters here in the city.

The wings were

You go to a regular bar and the wings are anorexic AF. Hooters had to legit wing supplier

Man them steroid ass wings were too damn big man lol

 

[TripleAgent]

The economy is bad, and their food is ass. Actual strip clubs have better food in some places. Improve your food/prices or die

 

[Richard Glidewell]

Ain't never been no ass to be seen in there anyway.......they never even on the radar........

 

[Silver Surfer]

Twin peaks took they swag

 

[zerorequiem]

Most of them cacs didn't have ass ANYWAY. You go to Hooters for the titties.

 

[Hater Eraser]

Damn so none of yall watched the video.

Basically Hooters is run by two groups. The founder owns and runs 24 restaurants. The rest are owned by Private equity.

The founders’ restaurants keep the classic Hooters look and feel, but the PE owned restaurants try a bunch of gimmicky ideas like making the girls shorts extra short. They cut corners by using cheaper ingredients.

PE owned restaurants lose money. The founder owned restaurants are profitable.

So the story is a juxtaposition of businesses run by founders who know the brand and care about the business vs businesses owned and run by soulless PE ghouls.

 

[NormanConnors]

Dumb take, because Twin Peaks is private equity La Cima group.
Hooters just stopped evolving and for some reason wanted to transition into a family PC brand and it killed them.
300m in loses and probably won't survive the coming restaurant apocalypse, where Red Lobster, Cracker Barrel, and others are going to die.

Red Lobster is having a bit of a comeback thanks to their current CEO