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    Bankruptcy news

    North Texas-based breastaurant chain Twin Peaks files for bankruptcy

    Jef Rouner
    Jan 27, 2026 | 5:45 pm
    Twin Peaks

    Twin Peaks has filed for Chapter 11 bankruptcy.

    Twin Peaks/ Facebook

    Lewisville-based Twin Hospitality Group, the parent company of the Twin Peaks restaurant chain, is filing Chapter 11 bankruptcy. The chain has not announced plans for widespread restaurant closures.

    The company, founded in Lewisville in 2005, quickly became a major competitor to Hooters, Bombshells, and other eateries centered on buxom waitstaff. Currently, there are 114 locations nationwide.

    The January 26 bankruptcy filing comes only a year after the company went public on the stock exchange with a $1 billion estimated value. For now, doors will remain open and staff will be paid, but it's not a sign of strength for most companies to enter Chapter 11.

    "Twin Peaks has redefined the sports bar experience and built an iconic and highly profitable business. We are confident that the brand remains positioned for meaningful global expansion in the years to come,” said Andy Wiederhorn, CEO of Twin Hospitality, in a statement. “Our focus in this process remains providing quality service to our customers and supporting our franchise partners and the thousands of corporate and franchise employees.”

    The news comes at a time of reckoning for "breastaurants.” Last year, the leading name in the industry, Hooters, announced a major brand shift away from its skimpy model. Dubbed the “re-Hooterization," the chain plans to return to its original branding of a beach-themed hangout spot.

    Multiple locations in Texas have already been bought out or closed in Grapevine, Houston, Lubbock, Bryan, and San Marcos. A spokesperson for Hooters told CultureMap that they are in the process of transferring all Texas liquor licenses from the former ownership.

    "We look forward to the completion of the transfers, but it is a process that takes a little bit of time," they said.

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    Restaurant debut

    Mexican restaurant Sueño debuts with tequila lounge in Snider Plaza Dallas

    Stephanie Allmon Merry
    Jun 9, 2026 | 3:21 pm
    Sueño
    Photo courtesy of Sueño
    Tres Leches de Horchata at Sueño.

    The highly anticipated second location of acclaimed Mexican restaurant Sueño is making its debut in Dallas — and it's bringing a tequila lounge with it.

    Officially called Sueño Cocteleria Mexicana, the elevated Mexican restaurant from founders Julio Pineda and Cristian Lujano, is opening at Dallas' Snider Plaza on Wednesday, June 10. The restaurant is located at 6600 Snider Plaza, in a 6,259-square-foot space with a main dining room, patio, and a dedicated tequila lounge called Alma Agave.

    The opening comes about eight months after Sueño first revealed plans to expand from Richardson to the popular Dallas shopping center near SMU. Founded in 2021 by cousins Pineda and Lujano, both originally from Mexico City and raised in Texas, Sueño quickly earned a following for its refined Mexican cuisine, cocktail program, and hospitality.

    The Dallas location is a partnership with Bellomy Hospitality Group, the local company behind S&D Oyster Company, Rex's Seafood, and Caché.

    At the center of Sueño's cuisine is its in-house masa operation, which uses heirloom blue and yellow corn to make nixtamal daily for tortillas, tetelas, and tlayudas.

    The kitchen is led by executive chef Cristos Andrade, a native of Monterrey, whose menu blends traditional Mexican flavors with influences from French, Italian, and Japanese cuisine, the release says.

    Sue\u00f1o Pollo à la Plancha.Photo courtesy of Sueño

    Menu highlights include:

    • Bone Marrow Pork Belly with salsa tatemada, avocado puree, and bone marrow-infused crema Oaxaqueña
    • Tamarind Ponzu Sashimi Scallops with cucumber, avocado, and fried parsnip
    • Sushi-Grade Ahi Tuna Tartare with serrano tomato herb vinaigrette
    • Jalisco Birria Tacos with braised lamb, consommé, cheese, onion, cilantro, and lime
    • Enchiladas Suizas with pulled chicken, cheese, and creamy poblano sauce

    Live-fire dishes are a highlight of the menu and will include:

    • Wood-Fired Carne Asada with Rosewood Ranch New York strip and chorizo enfrijolada
    • Pollo a la Plancha with pipián verde
    • Fire-grilled fajitas with chicken, sirloin, pork belly, or a combination of meats
    • Salmon a la Crema with white wine mushroom sauce

    An exciting addition to the new location is Alma Agave, an intimate lounge dedicated to tequila, mezcal, and other Mexican spirits, according to a release. The 23-seat space is designed as a destination of its own, the owners say, serving cocktails along with small plates inspired by different regions of Mexico.

    The beverage program showcases tequila, mezcal, and lesser-known Mexican distillates, as well as ancestral drinks such as tejuino and tejate, they say. Cocktails incorporate housemade ingredients, fermented elements, masa foam, and squash-based sodas.

     Sue\u00f1o Pretty cocktails at Sueño.Photo courtesy of Sueño

    "With this location, we really focused on how the experience unfolds for our guests," says Lujano in the release. "From the front window where masa is prepared to the open kitchen and into the intimacy of Alma Agave, every element is designed to draw people in."

    The restaurant was designed by Mexico City-based JSa and Arlington's ch_Studio. According to the release, the design draws inspiration from traditional Mexican haciendas and incorporates volcanic stone, wood, leather, handwoven textiles, and artwork by Mexican artisans. A patio "reinterprets the Mexican courtyard," they says, as a shaded, inviting space for outdoor gatherings.

    "For us, this project is deeply personal," says Pineda. "It's about honoring where we come from while creating something meaningful for our community — an experience that celebrates Mexican culture through food, drink, and genuine hospitality."

    Sueño will open for dinner service and weekend brunch beginning June 10. Hours will be 4-10 pm Monday-Thursday, 4-11 pm Friday, 10 am-11 pm Saturday, and 10 am-10 pm Sunday. Alma Agave will be open 4-11 pm Sunday-Thursday, and 4 pm-midnight Friday-Saturday.

    Reservations are now open through Resy.

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