Hooters, the Atlanta-based sports bar chain known for its scantily clad waitresses and famous chicken wings, recently closed nearly 40 underperforming restaurants across the U.S. as a result of inflation and evolving consumer habits. The company cited current market conditions as the reason for the closures, emphasizing the importance of ensuring the well-being of their staff during this challenging time. Despite a decline in the number of restaurants since 2018, Hooters remains optimistic about its future, with new locations opening domestically and internationally. The chain believes its brand, which has been in operation for 41 years, is resilient and relevant. Hooters is not the only restaurant chain facing difficulties, as Red Lobster recently filed for bankruptcy and TGI Fridays also closed several underperforming locations earlier this year.