10/22/2004

Hooters goes to China

Hooters is scheduled to open their first restaurant in China today. It is located in a foreigner-friendly area of Shanghai, which is blossoming as the country's central commercial location. Many are suprised of the venture because China is known for its conservatism. It is an interesting example of how a thriving economy can bring challenges to popular views. Investors are expecting that residents will slowly accustom themselves to the restaurant as attitudes are changing. It will be interesting to see of investors make a big buck or take a hard hit.

Other chains that are located in the area include KFC, TGI-Fridays, and of course McDonald's.

6 comments:

Bryce Larkin said...

It is about time! First of all, I don't think China is extremely conservative like the article suggests. I believe that Hooters will do very well as a business in China. The only thing that they might have a problem with is the different taste. But, the atmosphere of Hooters will be fine in China.

Biancca said...

Will the Chineese Hooter Girls be natives or imported Americans? Would that make a difference on how well the business does? I wonder...

Bryce Larkin said...

I really don't think the ethnicity of the Hooter girls matter. Plus, how many American Hooter girls know how to speak the language. I just think it would be a great experience.

John West said...

I think the local Chinese businessmen will probably frequent Hooter's now rather than the local neighborhood Mickey D's. The restaurant will blossom in China. Besides, what is it really that goes on in the place? Two things: really bad food and a lot of flirting from desperate men. No harm, no foul.

Maudi said...

I think that it is funny that Hooters is opening up in China, and I think that it'll be a big flop. Are those who are going to be employed there actually going to be from China or are they going to be from here? China has always seemed to be so conservative that I couldn't imagine anyone wanting to apply and work there as an employee.

Dr. Tufte said...

-1 for no link in Peter_Parker's post.

Hey folks - this is monopolistic competition. I would expect Hooters to do very well for a while.