Saturday, March 12, 2011

Pub Chains Report Rise in February Sales

Pub and restaurant groups reported a rise in like-for-like sales in February against a strong comparative period in 2010, helped by a month of fair weather and families eating out during half term, reports the Morning Advertiser.

The latest Coffer Peach Business Tracker, which monitors the performance of 19 major pub and restaurant groups including Mitchells & Butlers, Whitbread and Gondola, found like-for-like sales increased by 3.9% in February.

The rise in February like-for-likes come against a 1.3% increase during the same period in 2010.

Total sales, including new openings, were up 5.1% on 2010, and up 9.3% on January levels.

The rise in out-of-home food and drink sales compares to the 0.4% fall in sales experienced by the retail sector during February.

No comments: