Hooters
The privately-owned chain Hooters, Inc. serves bar food (including specialty chicken wings) and is famous for their scantily-clad waitresses who are called Hooters Girls. The company has had to shut down many of its restaurant and is changing its business strategy to survive. According to some experts, it is possible that Hooters is reacting to the evolving cultural attitudes towards how women are portrayed. Some stated that the older crowd is more interested in the restaurant compared to the younger millennial generation. Whatever the cause, Hooters has already started disappearing throughout America.
Cheesecake Factory
In 1972, the Cheesecake Factory, Inc. was established as a bakery in Los Angeles, but it has expanded to become a chain of restaurants and now has roughly 211 branches. Somewhat pricey, Cheesecake Factory is known for its eclectic décor and long menus. Its headquarters are located in California and it also has production factories in the state and in North Carolina. It has been struggling and has closed down a number of long-standing branches with more closures predicted in 2020. On the other hand, the Cheesecake Factory’s profits have increased because of the distribution of its desserts and baked goods in Barnes & Noble Bookstores and supermarkets.