The iconic restaurant chain Hooters has abruptly announced the closure of 40 locations across the United States, attributing the decision to the rising cost of food and rent. The closures will affect stores in Florida, Kentucky, Rhode Island, Texas, and Virginia.
“Like many restaurants under pressure from current market conditions, Hooters has made the difficult decision to close a select number of underperforming stores,” a Hooters spokesperson told the Daily Mail. “We look forward to continuing to serve our guests at home, on the go and at our restaurants here in the US and around the globe.”
The closures of Hooters, known for its distinctive service and iconic waitresses, serve as a stark reminder of the economic toll caused by rampant inflation, which has soared since the Biden administration took office in 2021.
While Hooters may not be to everyone’s taste, its closures underscore the broader economic challenges facing the restaurant industry and American consumers at large. As inflation continues to squeeze household budgets, many are left questioning the effectiveness of the Biden administration’s economic policies, often dubbed “Bidenomics.”