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submitted 1 week ago by [email protected] to c/[email protected]
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[-] [email protected] 34 points 1 week ago

Despite being a joke to younger people, somehow Hooters was doing fine financially.

The bankruptcy and these closures are just a private equity firm doing what they do best. Do a Leveraged Buyout, rip the copper out of the walls, then file for bankruptcy on the debt you took on to do the leveraged buyout.

The same company is also doing this with PF Chang's, TGI Friday's, and Claire's.

[-] [email protected] 23 points 1 week ago

Oh no, where will 6 year olds go to get their ears pierced ๐Ÿ˜ข

[-] [email protected] 16 points 1 week ago

Didn't know PF Changs started doing that

[-] [email protected] 2 points 1 week ago

Those Kung Pow Shrimp Skewers are $14.99 for a reason ๐Ÿ‘€

[-] [email protected] 4 points 1 week ago

I'm truly torn between let-them-fight and shrug-outta-hecks

Private equity is just hollowing out everything and I don't know how to feel about it anymore.

this post was submitted on 06 Jun 2025
107 points (100.0% liked)

chapotraphouse

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