Business US & Canada

Franco Manca shuts 16 restaurants

Franco Manca shuts 16 restaurants

The Fulham Shore, which owns Franco Manca, announced that a minority of its sites are no longer sustainable in the current economic climate.

This restructuring comes as the hospitality sector faces mounting pressure from increased business rates and a decline in consumer spending.

While the chain remains a favorite among many, the closures reflect a broader trend of consolidation within the industry.

The company stated it will focus its resources on more profitable locations as it navigates the ongoing cost-of-living crisis.