Mild weather gives new year's sales boost for restaurants outside London

13 February 2020 by
the Coffer Peach Business Tracker January 2020

Mid-market restaurant groups across the UK saw a solid boost in like-for-like sales during January driven almost entirely by strong sale outside the capital.

Business was up 2.5% on January 2019, whilst turnover in London outlets increased by only 0.7%, according to the latest figures from the Coffer Peach Business Tracker.

Managed pubs also saw like-for-like growth of 1.7% compared to the same month last year, bringing collective like-for-like sales across the managed restaurant, pub and bar sector up by 1.9%.

Karl Chessell, director of CGA, the business consultancy that publishes the data in partnership with the Coffer Group and RSM, said: "Reasonably good weather, in particular the lack of snow, will have helped sales, but nonetheless it is encouraging to see that the public is continuing to go out to eat and drink."

Trevor Watson, executive director at Davis Coffer Lyons, added: "To put these figures in context, last January the market saw a 1.8% drop in like-for-likes against 2018, so essentially we are back to where we were two years ago. But it does show an underlying stability in the market, despite the political climate and what has been going on in the wider economy. The eating and drinking out market is showing resilience and people's appetite for going out remains intact."

Total sales growth for the month, which includes the effect of new openings since this time last year, were ahead 4.7% compared to same period in 2019.

The Coffer Peach Tracker analyses the performance of 58 operating groups including Oakman Inns, Peach Pubs and Casual Dining Group.

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking