The iconic restaurant chain Hooters has filed for bankruptcy, seeking to restructure and enable a buyout led by its founders. With looming debt and a need for rebranding, the chain is planning significant changes, including the potential end of its famous bikini-clad waitresses in favor of a family-friendly atmosphere. Despite the bankruptcy declaration, Hooters has assured customers that its restaurants will continue operating as usual while they explore a revival strategy aimed at revitalizing the brand.