Sector like-for-likes up 1.1% in October as London venue food sales drive growth

Sector like-for-likes rose 1.1% year-on-year in October as food sales at London venues drove growth according to the analysis of 1,500 outlets.

Sector like-for-likes rose 1.1% year-on-year in October as food sales at venues in London drove growth, according to S4labour, the online labour-scheduling management system from Catton Hospitality. According to analysis of more than 1,500 restaurants, pubs, bars, hotels and cafes that use S4labour software, there was positive like-for-like growth for food and drink sales alike – food sales grew 0.8% while drinks sales were up 1.3%. There was a geographic split in results, with the capital outperforming the rest of the country. London sites saw an overall uplift of 2.9% in sales, whereas sites outside London saw a more modest 0.7% increase.

Drinks sales inside and outside London were relatively comparable, with a like-for-like boost of 1.6% for sites inside the capital and 1.2% outside. However, food sales were driven significantly by London, where there was a 6.1% increase in like-for-like sales compared with a 0.1% slip for sites outside the capital. The uplift in sales follows a slight fall in like-for-likes in September, where the Rugby World Cup’s early stages failed to convert into significant growth in drinks sales. S4labour said the boost in drinks sales in October would suggest the latter stages of the tournament were a stronger driver nationally.

Source: Propel Newsletter

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