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Casual dining chains get January sales boost
16/02/2017 - 08:20
Britain’s managed pub and restaurant sector saw collective like-for-like sales grow 1.9% in January against the same month last year, according to latest figures from the Coffer Peach Business Tracker, with casual dining chains seeing the biggest jump in trade.
Written by Andrew McClean
The tracker reveals that restaurant groups in the Coffer Peach cohort were collectively 3.3% up on last January, while pub group sales were ahead 1.0%.
Peter Martin, vice president of CGA Peach, said: “After a busy Christmas and New Year period, when sector like-for-likes were up a healthy 2.2% on 2015, many expected January to be more muted, but consumers seem to have continued to go out to eat and drink, and in particular eat.”
Trading in London was strongest, with like-for-likes inside the M25 up 2.2%, against a 1.6% uplift in the rest of the country. Restaurant groups within the capital saw a 3.8% like-for-like increase, according to the tracker.