Hooters is bankrupt—shocker, right? People are asking why, but it’s obvious. Women’s everyday outfits—yoga pants, skin-tight gym gear—make Hooters’ once-racy uniforms look tame. From grocery stores to gyms, the real world’s outdone their gimmick. Good wings aside, those late ‘80s beer-commercial vibes can’t compete today. www.watchdogonwallstreet.com