| | As reported by Peach Report, Britain’s managed pub and restaurant sector is seeing steady sales growth in 2015, as reflected in the latest trading data for September. Collective like-for-like sales were up 1.2% on the same month last year, broadly in line with the underlying 12-month trend, latest figures from the Coffer Peach Business Tracker show.
Competition in the sector was heating up, driven especially by ambitious brand roll-outs by casual dining chains, he said. Total sales, which include the impact of new openings, grew 4.6% in September among the Tracker cohort of 32 operating companies - and are running at 5.5% for the year to date. Total sales for restaurant groups were up 7.5% for the month, and 10.6% ahead of last year outside of the M25.
Regionally, London had a slightly worse month than the rest of the UK with like-for-likes up 0.9% against 1.3% for the rest of the country. |