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Monday, May 13, 2024

Poor weather ‘good news’ for the managed restaurant sector in August

With beer gardens and terraces emptier than usual pubs recorded 4.9% growth, the latest Coffer CGA Business Tracker shows.

Overall the The Tracker – which is produced by CGA by NIQ in partnership with the Coffer Group and RSM UK – has now been in year-on-year growth for 11 months in a row but the overall figure for managed pubs, restaurants and bars is at its lowest point since March and has dipped slightly below the UK’s rate of inflation.

Bars continue to be the worst performing of the three segments in the Tracker, with sales down by 7.5% year-on-year.

For the 16th month in a row, London outpaced the rest of the UK for sales growth. Managed groups’ like-for-like sales within the M25 were 7.1% ahead in August, compared to 4.9% beyond the M25.

CGA collected sales figures directly from 85 leading managed groups for the latest edition of the Coffer CGA Business Tracker.

The restaurant…

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