Final Week of August Sees Like-for-Likes Rise by 5%

Final Week of August Sees Like-for-Likes Rise by 5%

by | 31 Aug, 2021 | Hospitality

Following a recent decline in like-for-likes, August’s concluding week saw sales increase by 5% when compared to the same week in 2019. 

This 5% increase was mainly a result of food like-for-likes rising by 12% — a similar trend in regards to recent like-for-likes. Drink like-for-likes, on the other hand, dropped by 1% in comparison to the same week in 2019. 

Week-on-week sales were up by 6.5%, with London’s sales increasing by 4% based on the previous week — a rise that has been a rarity in recent weeks. As for non-London, week-on-weeks were up 7%.

S4labour’s Chief Innovation Officer, Richard Hartley, commented: “the final week of August caps off a month that’s appeared to be mostly quite difficult for London’s week-on-weeks. This last week, however, spells some positivity for the Capital. The longer weekend may have resulted in London sites experiencing higher sales compared to usual.”

Hospitality Like-for-Likes Down 5.5%

Hospitality Like-for-Likes Down 5.5%

by | 24 Aug, 2021 | Sales Figures

Hospitality like-for-likes were down 5.5% last week when compared to the same week in 2019. 

The majority of the decline was driven by a 17% decrease in drink like-for-likes. However, food sales were up by 11%. 

As for week-on-week sales, S4labour’s research shows a small 1% overall increase on the previous week. However, London and non-London revealed differences; something that has often been the case. London’s week-on-weeks were level, whilst non-London sites saw a week-on-week increase of 1.4%. 

Richard Hartley, S4labour’s Chief Innovation Officer, stated: “These figures continue to reinforce the picture we’ve been seeing: food operators, mainly outside of London, are continuing to do well — whilst many drink focused operators are struggling. Tourist trade may help food focused sites in London; whereas wet-led sites are continuing to experience reduced footfall in the Capital.