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2 comments on thefiscaltimes.com/Articles/2012/03/09/Breastaurants-Take-Aim-at-Hooters
| Hooters has another reason for you to visit them: Free WiFi. Trying to stay abreast from competition like #Tilted_Kilt, #Twin_Peaks and #Brick_House_Tavern_+_Tap, #Hooters pulls out the big guns. &Rob 2014-03-02 21:21:42 |
| " #Breastaurants " Take Aim at #Hooters Faced with increased competition in the crudely termed “breastaurant” business, tough economic times, and the increasingly sophisticated tastes of consumers, Hooters is struggling. Sales in the U.S. fell by 7.5 percent, from 960 million to 888 million, from 2007 to 2010, and more than a dozen domestic locations shuttered, according to Technomic data. By comparison, the varied-menu chain restaurant segment as a whole saw sales fall by 8.6 percent over the same period. “It’s pretty common knowledge that the casual dining space has been challenged,” says Hooters CEO Terry Marks. “The sales decline that Hooters experienced was not as deep, but we went into decline a bit earlier and have been slower to pull out of it.” - &neo 2014-02-28 15:20:54 |