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Hooters Looks for a Buyer

With sales sagging as a result of the recession, bro-friendly restaurateur Hooters is looking for a buyer.

The New York Post reports that Hooters has hired North Point Advisors, a San Francisco-based investment bank, to help i find a buyer. With 450 company-owned and franchised restaurants, the Post reports that the chain could sell for more than $250 million.

Continue reading Hooters Looks for a Buyer

Passenger too sexy for Southwest Airlines (LUV): Miniskirt gets waitress tossed

Picture this: You arrive for your Southwest Airlines (NYSE: LUV) flight early. You manage to avoid packing excessive amounts of liquids in your carry-on baggage. You remember your ID, you wait until your seat is called, you stow your bags properly. You're even prepared to turn off your electronic devices and stow your tray table and put your seat in its upright and locked position when ... you're asked to leave the plane because you're showing a little too much leg.

Haha! What is this, 1951? Nope. It's 2007, and a few months ago waitress Kyla Ebbert (who works at Hooters, where scantily-clad is a good thing) was escorted off a Southwest Airlines flight from San Diego to Tucson because her outfit -- a miniskirt, tank top, and cropped sweater -- was too revealing (I don't see any cleavage and she was wearing a bra). She put up a fuss and was eventually let back on the plane after a lecture on her dress, or lack thereof.

Update: After apologizing to Ebbert, Southwest Airlines held a fare sale in honor of miniskirts -- it was fabulously popular with customers, but Kyla wasn't so pleased. To spite them -- or perhaps to take advantage of her 15 minutes of fame before it went away, leaving her still-penniless -- Kyla agreed to pose nude for Playboy.

Southwest Airlines has a history of questionable fashion judgment -- see here:

I'm all for appropriate clothing, but personally saw nothing in Ebbert's outfit that was cringe-worthy. And if it was?

Continue reading Passenger too sexy for Southwest Airlines (LUV): Miniskirt gets waitress tossed

Hooters heads to Tel Aviv

The story of Hooters restaurant chain making its way to the Holy Land broke earlier this week, and frankly I can't believe no one has commented on it here. Maybe the jokes are just a little too easy, or the whole concept is vaguely unsettling.

At any rate, the chain known for hot wings, cold draft beer, and something unique about their waitresses I can't really remember is opening its first branch in Israel over the summer, settling in the city of Tel Aviv. The holder of the new franchise, Ofer Ahiraz, opined that "I strongly believe that the Hooters concept is something that Israelis are looking for." Ahiraz, who hopes to open as many as five branches in the next few years, added that the restaurant's menu would not be kosher, and said he would not make plans for any restaurants near large religious populations.

Hooters, a privately held company, is slowly unleashing its scantily clad business model across the globe. Company officials said over the next two years, it hopes to open 17 locations in Colombia, Dubai, Guam, New Zealand, and India.

Beth Gaston Moon is an analyst at Schaeffer's Investment Research.

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Last updated: February 11, 2012: 07:46 AM

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