14 Dec 2010

Pubs and restaurants see sluggish November sales - 12/13/2010 - Caterer Search

Major pub and restaurant groups saw slugglish growth over November 2010, with like-for-like sales up 0.4%, the slowest growth rate since May.

New data provided by the Coffer Peach Business Tracker showed that total sales including new openings were up 1.7%. But month-on-month sales were down 5.5% compared to October.

Mark Sheehan, managing director of Coffer Corporate Leisure, said: "These numbers demonstrate tough trading as we head towards the key Christmas period."

"While the leading operators have managed another month of [like-for-like] growth, the outlook for the sector remains relatively challenging," Richard Hathaway, head of travel, leisure and tourism at KPMG added.

Meanwhile, December's trading is expected to be adversely affected by the freezing weather.

The monthly Coffer Peach Business Tracker, monitors sales performance across 17 major pub and restaurant operators, including Mitchells & Butlers, Whitbread, Pizza Hut, Punch Pub Co, Gondola and Tragus.

Posted via email from UK Pubs For Sale And Development

No comments:

Post a Comment