, UK

Restaurants, pubs’ like-for-like sales flat in May as cost crisis worsens

London trading builds back, but dine-in sales dip.

Like-for-like sales at Britain’s managed restaurant, pub and bar groups in May were just 0.1% ahead of the pre-COVID-19 levels of 2019, according to the latest Coffer CGA Business Tracker.

The result from May’s Tracker follows like-for-like growth of between 2% and 4% from February to April. But with high levels of inflation since 2019, sales are “significantly behind” pre-pandemic levels in real terms, the producers of the Tracker suggested.
Restaurants recorded 2% growth in May, whilst pubs were 1% down and bars were flat, the Tracker—produced by CGA by NielsenIQ in partnership with The Coffer Group and RSM UK— showed.
Trading in London improved in May, with like-for-like sales flat within the M25. Sales outside the M25, which were well ahead of London for the first four months of the year, were also flat—seen as a sign of a “tightening squeeze on consumers’ spending in many regions.”

Dine-in only sales across all managed groups were 3% lower than in May 2019, whilst the CGA & Slerp Hospitality at Home Tracker—based on a different cohort of businesses—has shown that delivery sales have been four times higher than pre-COVID-19 levels in recent months.
CGA collected sales figures directly from 65 companies for the latest edition of the Coffer CGA Business Tracker.

Follow the link for more news on

Join QSR Media community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!