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The Real Greek to shut nine restaurants and axe 151 jobs after administration
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The Real Greek to shut nine restaurants and axe 151 jobs after administration

The Independent·Holly Williams·about 1 month ago
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The Real Greek is to shut nine restaurants with 151 job losses after the hospitality chain fell into administration. Cote owner Karali Group confirmed on Friday that it has struck a rescue deal for the business after Japanese restaurant group Toridoll – the owner of The Real Greek’s previous parent company Fulham Shore – was placed into administration. However, Karali said it would only save 19 of The Real Greek’s 28 restaurants across the UK. It has not disclosed which locations will shut and which will remain open. The new owner said the move will also result in 151 job losses, although it will secure the future of 358 workers. Industry publication Propel reported that The Real Greek’s central kitchen will also be closed. Last month, Fulham Shore said it was reviewing future options for the Greek chain. It announced the review as it launched a company voluntary arrangement (CVA) restructuring process for sister restaurant brand Franco Manca , which will see it shut 16 venues with the loss of 225 jobs.…

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