What happened: The family-owned Karali group is taking over 19 of the 28 The Real Greek outlets after the chain faced difficulties. Only nine restaurants will remain outside this deal.
Why it matters:
- This move helps preserve jobs and keeps many restaurants open amid financial challenges.
- It shows how family-owned businesses can play a role in supporting struggling restaurant chains.
MNN Take: The Karali group's takeover secures the future of most The Real Greek locations, reflecting ongoing shifts in the hospitality sector as businesses adapt to economic pressures.
Sources: BBC Business