Hooters is selling its corporate-owned U.S. stores to a group backed by the brand's founders. What changes are planned?

Hooters is well known for their wings, cold beer, endless TVs, and for their waitresses. Those orange shorty shorts and plunging white tees have put the pop in pop culture since they opened in 1983. The demographic has always been men,

Employers posted 7.6 million job openings in February, a sign that the job market is slowing but remains healthy.

Bloomberg also reported that Hooters plans to implement fresher ingredients into the kitchen and provide faster service. According to past reports, Hooters faced financial challenges as foot traffic in the eatery decreased.

The chain, known for its fried chicken wings and scantily dressed staff, filed for chapter 11 bankruptcy on Monday after 42 years in the business.