Fulham Shore owners mulls restaurant closure amidst sales lag
The operator said the UK is experiencing a ‘sluggish restaurant market’.
Japanese restaurant giant Toridoll is looking into closing underperforming restaurants of Franco Mana and The Real Greek amidst a sluggish restaurant market and lagging sales in the UK.
According to its financial statement, despite the UK economy gradually recovering, both brands have been recovering more slowly than planned. The group, however, said that. Pilot stores that have implemented new initiatives have shown early improvements in both sales and profitability.
“The Group is examining a wide range of restructuring options—including the potential closure of a substantial number of underperforming stores—in order to strengthen the business amidst ongoing soft market conditions,” Toridoll said.
Toridoll previously acquired Franco Mana and The Real Greek’s operator, Fulham Shore, in 2023 for £93.4m.
In its nine-month financial statement ending March 2026, Fulham Shore logged a 5.4% decline in revenue.
