Great summer for drinkers
The heatwave and England’s longer than-expected participation in the World Cup were good news for pubs, which saw like-for-likes sales rise 2.7%, but put more pressure on restaurant chains, which saw like-for-like sales fall 4.8%.
Peter Martin, vice-president of business insight group CGA, said: “Drink-led pubs and bars performed by far the strongest… It seems people just wanted to go out for a drink.”
Trevor Watson, executive director at Davis Coffer Lyons, added: “London had a particularly strong month with overall like-for-like sales up 2.6%... the rest of the country had a more difficult period with like-for-like sales down 0.9%."
The Coffer Peach Tracker monitors sales and analyses performance data of 47 operating groups within the bar, pub and restaurant sector, including Le Pain Quotidien, Loungers and Giraffe with a combined turnover of £9bn.