Skip to content
Join our newsletter for news & blogs on-the-go. Subscribe Here!
FrankNez About FrankNez FrankNez

Financial News & Journalism

FrankNez About FrankNez FrankNez

Financial News & Journalism

  • News
  • Economy
  • U.S. Banking
  • Stock Market
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
  • News
  • Economy
  • U.S. Banking
  • Stock Market
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
Close

Search

  • Facebook
  • X
  • LinkedIn
Subscribe
FrankNez About FrankNez FrankNez

Financial News & Journalism

FrankNez About FrankNez FrankNez

Financial News & Journalism

  • News
  • Economy
  • U.S. Banking
  • Stock Market
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
  • News
  • Economy
  • U.S. Banking
  • Stock Market
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
Close

Search

  • Facebook
  • X
  • LinkedIn
Subscribe
News Flash
Housing News - Gen Z And Millennials Are Now Choosing Stocks Over Houses
Gen Z And Millennials Are Now Choosing Stocks Over Houses
Major US Bank Is Now Closing 18 Branches This Summer
Major US Bank Is Now Closing 18 Branches This Summer
Stop & Shop Store Closures
A Massive Grocery Chain Is Now Closing Stores
52-year-old restaurant Beefeater will close all locations
International Restaurant Beefeater Will Now Close All Locations
Home Depot Rival closes store after 87 years in business
A Home Depot Rival Closes After 87 Years in Business
JCPenney Ridgmar Mall Closure
Massive Mall Retailer Confirms Closure of Another Location
Magellan Aerospace files chapter 11 bankruptcy
An Aerospace Manufacturer Now Files Unexpected Chapter 11 Bankruptcy
Former Employees of Massive Bank Now Sentenced to Prison
Former Employees of a Massive Bank Now Sentenced to Prison
Home/Banking News/A Famous Restaurant Now Closes in Texas After Several Shutdowns
Market News Today - A Famous Restaurant Now Closes in Texas After Several Shutdowns

A Famous Restaurant Now Closes in Texas After Several Shutdowns

By Frank Nez
June 24, 2024
2

A famous restaurant now closes in Texas after several shutdowns occurred earlier this year, with the decisions being ‘difficult’.

Hooters has abruptly closed one of its locations after previously closing 40 restaurant.

The establishment, located in Wichita Falls, Texas, slammed its doors shut on June 23, reports The-Sun.

On Google, the restaurant is listed as permanently closed.

“Like many restaurants under pressure from current market conditions, Hooters has made the difficult decision to close a select number of underperforming stores,” the chain told Texoma in a statement.

“Ensuring the well-being of our staff is our priority in these rare instances.

With new Hooters restaurants opening domestically and internationally, new Hooters frozen products launching at grocery stores, and the Hooters footprint expanding into new markets with both company and franchise locations, this brand of 41 years remains highly resilient and relevant.

We look forward to continuing to serve our guests at home, on the go and at our restaurants here in the U.S. and around the globe.”

The closure comes after the chain shuttered its location in Warwick, Rhode Island – around eight miles from the state capital Providence.

A note has been left on one of the restaurant’s windows informing customers about the closure, per The Providence Journal.

The shutdown has been blamed on the collapse of the Washington Bridge.

The closure comes just months after the chain’s restaurant in Lafayette, Louisiana, shuttered after 25 years.

And a candlelit vigil was held to mourn the shuttering of a Hooters restaurant in Charleston, West Virginia, in February, per The Washington Post.

The slew of closures joins dozens of other businesses across the country that are shutting down.

For more store closure news and updates like this, opt-in for push notifications.

Also Read: An Unexpected Retailer Is Now Closing All Stores in Illinois

Other Economy News Today

Market News Today - A Famous Restaurant Now Closes in Texas After Several Shutdowns.
Market News Today – A Famous Restaurant Now Closes in Texas After Several Shutdowns.

An unexpected restaurant now abruptly closes 7 locations in one state after revealing plans to shutter a total of 36.

TGI Fridays is closing a total of seven restaurants in one state as part of the company’s ongoing growth strategy.

This comes after the chain abruptly closed 36 locations across 12 states in at the beginning of the year, per The-Sun.

The restaurant chain will pull the plug on seven locations across the state of New Jersey in the coming weeks.

Today, Fridays will welcome in famished diners at its location in Brick for the final time.

“As we continue along our path of transformation to revitalize the Fridays brand and implement a long-term growth strategy, we see a bright future for TGI Fridays,” said Weldon Spangler, CEO of TGI Fridays earlier this week.

“We are at the helm of a pivotal moment that will allow us to explore boundless advancement, expansion, and innovation to keep delivering ‘That Fridays Feeling’ that our fans know and love.”

Before the closures, TGI Fridays had about 270 US locations, according to the company’s website.

“As part of the store closures, TGI Fridays is offering more than 1,000 transfer opportunities, which represents over 80% of total impacted employees,” the company previously said in a statement.

“Our top priority has always been delivering a superior experience for each and every TGI Fridays guest, and we’ve identified opportunities to optimize and streamline our operations to ensure we are best positioned to meet – and exceed – on that brand promise,” said Ray Risley, US president and chief operating officer, in the release.

Eight other locations were sold to former CEO Ray Blanchette, a longtime stakeholder who will acquire the previously corporate-owned restaurants.

The sale comes as major changes have been made to the brand’s leadership, including the news of Weldon Spangler being made CEO.

“As we continue along our path of transformation to revitalize the Fridays brand and implement a long-term growth strategy, we see a bright future for TGI Fridays,” said Spangler in a statement.

Also Read: Retirees Will Now Receive More Money For Social Security

Market News Published Daily 📰

Market News Today - A Famous Restaurant Now Closes in Texas After Several Shutdowns.
Market News Today – A Famous Restaurant Now Closes in Texas After Several Shutdowns.

Don’t forget to opt-in for push notifications so you don’t miss a single article!

Also, thank you to all of our blog sponsors.

This year we’ve been able to increase push notifications slots making it more convenient than ever for new readers to receive their daily market news and updates.

Our readers can now donate $3 per month to support independent journalism.

For daily news and updates on your favorite stories, opt-in for push notifications.

Follow Frank Nez on X (Twitter), Instagram, or Facebook.

More Market News 📰

Support Independent Journalism ✍🏻

Support independent journalism for just $3 per month!

Your contributions help power Franknez.com as the cost of widgets and online tools continue to rise.

Thank you for your support!

Support Franknez.com

Recommended For You ✨

  • A US Bank is Now Denying Customers Access to Money
  • A Giant Company Now Announces Unexpected Layoffs in Virginia
  • SNAP Benefits Will Now Increase For The Year 2024
  • A Massive US Bank is Now Closing Credit Cards
  • Florida Now Has Massive Departures As Hundreds of Thousands Leave
  • Wells Fargo is Now Freezing Bank Accounts in New Scandal


Tags:

Business NewsFinance NewsInvesting NewsJPMorganMarket NewsStock Market News
Author

Frank Nez

Frank Nez is an American entrepreneur, journalist, writer, and investor. Frank's work has been cited by SEC and Congressional reports. Franknez.com is a personal finance and market news publication, dedicated to publishing content on money, investing, entrepreneurship, and retail investor news.

Follow Me
Other Articles
Market News Today - A Famous and Iconic Coffee Shop Now Closes in California
Previous

A Famous and Iconic Coffee Shop Now Closes in California

Market News Today - An Essential Retailer Now Makes Unexpected Closures in Michigan
Next

An Essential Retailer Now Makes Unexpected Closures in Michigan

2 Comments
  1. Frank Nez says:
    June 24, 2024 at 8:19 pm

    Leave your thoughts below.

    Log in to Reply
  2. Frank Nez says:
    June 24, 2024 at 8:18 pm

    For more news and updates like this, opt-in for push notifications.

    Log in to Reply

Leave a Reply Cancel reply

You must be logged in to post a comment.

NEW POSTS

  • Housing News - Gen Z And Millennials Are Now Choosing Stocks Over Houses
    Gen Z And Millennials Are Now Choosing Stocks Over Houses
  • Our Small Business Just Made $100,000 In Less Than 7 Months
    Our Small Business Just Made $100,000 In Less Than 7 Months
  • Wells Fargo Says It's Closing Another Major Branch
    Wells Fargo Says It’s Closing Another Major Branch
  • Major US Bank Is Now Closing 18 Branches This Summer
    Major US Bank Is Now Closing 18 Branches This Summer
  • Stop & Shop Store Closures
    A Massive Grocery Chain Is Now Closing Stores
Unlock your personal brand ebook

Trending Market News 📈

Market Manipulation News - Andrew Left

Famous Short Seller Said Market Manipulation Was Like “Taking Candy From a Baby”

Frank Nez
By Frank Nez
June 8, 2026
Vanguard and BlackRock Now Enter Lawsuit For Market Manipulation

Vanguard and BlackRock Now Enter Lawsuit For Market Manipulation

Frank Nez
By Frank Nez
August 5, 2025
Citadel Securities Is Now Warning The SEC About Using Blockchain

Citadel Securities Is Now Warning The SEC About Using Blockchain

Frank Nez
By Frank Nez
July 22, 2025
Cramer Now Speaks on AMC Amid Bullish Bet on IMAX

Cramer Now Speaks on AMC Amid Bullish IMAX Bet

Frank Nez
By Frank Nez
July 21, 2025
AMC Now Soars 11%, Is A Short Squeeze Imminent?

AMC Now Soars 11%, Is A Short Squeeze Imminent?

Frank Nez
By Frank Nez
July 11, 2025
Economists Now Say Prices Will Continue To Rise, "This Is Just The Beginning"

Economists Now Say Prices Will Continue To Rise, “This Is Just The Beginning”

Frank Nez
By Frank Nez
July 11, 2025
Hedge Funds Are Now Throwing Each Other Under The Bus

Hedge Funds Are Now Throwing Each Other Under The Bus

Frank Nez
By Frank Nez
July 8, 2025
News - GameStop Short Seller Now Looks To Sway Criminal Charges

GameStop Short Seller Now Looks To Sway Criminal Charges

Frank Nez
By Frank Nez
July 8, 2025
World’s Largest Pension Fund Now Loses $61bn As Dollar Falls

World’s Largest Pension Fund Now Loses $61bn As Dollar Falls

Financial Desk Team
By Financial Desk Team
July 6, 2025
News - S&P Report: The US Dollar Is Primed To Weaken Further

S&P Report: The US Dollar Is Primed To Weaken Further

Frank Nez
By Frank Nez
July 4, 2025

About

FrankNez is a leading journalism & independent media platform that thrives on community. Read the latest in U.S. Economy, Banking, Markets, and more.

Email: contact@franknezmedia.com

Contact: media@franknez.com

Recent Posts

  • Gen Z And Millennials Are Now Choosing Stocks Over Houses
  • Our Small Business Just Made $100,000 In Less Than 7 Months
  • Wells Fargo Says It’s Closing Another Major Branch
  • Major US Bank Is Now Closing 18 Branches This Summer
  • A Massive Grocery Chain Is Now Closing Stores

Mentioned By

Yahoo Finance - FrankNez

Company

Privacy Policy

Editorial Policy

About FrankNez

Copyright 2026 — FrankNez. All rights reserved.