this post was submitted on 06 Jun 2025
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chapotraphouse
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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.
Oh no, where will 6 year olds go to get their ears pierced ๐ข
Didn't know PF Changs started doing that
Those Kung Pow Shrimp Skewers are $14.99 for a reason ๐
I'm truly torn between
and 
Private equity is just hollowing out everything and I don't know how to feel about it anymore.