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UK food chains report continuing growth
By Pete Hayman
Some of the UK's leading pub and restaurant chains have seen like-for-like sales continue to increase during July, according to the latest Peach Coffer Business Tracker.
Like-for-like sales across the 16 groups monitored by the tracker increased by 1.9 per cent in July, when compared with the same period last year, and follows a like-for-like growth of 1.4 per cent for June. The tracker is produced by the Peach Factory in partnership with UBS, the Coffer Group and KPMG. Whitbread, Pizza Hut and Tragus are among the companies to participate.
Peter Martin of the Peach Factory said: "This is good news for the market, particularly as the impact of discounting is now being ironed out. The bigger operators are showing a lot of resilience. "These figures show strong demand from the public, and include the start of the school holidays. We may be experiencing a boost from holidaying at home this year."
Some of the UK's leading pub and restaurant chains have seen like-for-like sales continue to increase during July, according to the latest Peach Coffer Business Tracker.
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