The Real Greek restaurant chain on brink of collapse
The Real Greek restaurant chain, with 28 UK outlets, is on the brink of collapse as its parent company, Fulham Shore, faces unsustainable cost pressures. Toridoll, the Japanese group that owns Fulham Shore, plans to appoint administrators due to challenging economic conditions in the UK hospitality sector. While Franco Manca, another chain under Fulham Shore, remains more resilient, The Real Greek has been hit harder, though a potential buyer, Karali Group, may acquire some locations.
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The Real Greek restaurant chain on brink of collapse6 minutes agoShareSaveAdd as preferred on GooglePeter Dazeley/Getty ImagesThe restaurant chain The Real Greek, which has 28 outlets across the UK, could be set to close, after the company that owns it said cost pressures had made the business unsustainable.The Japanese restaurant group Toridoll, which owns the chain's parent company Fulham Shore, said it planned to appoint administrators.Fulham Shore also owns the Franco Manca chain but Toridoll said The Real Greek had suffered more than the pizza chain from the "deterioration in the economic environment".Toridoll bought Fulham Shore in 2023."In recent years, high levels of inflation in the UK, driven by rising energy and food prices together with increase in labour costs resulting from…
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