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Pubs and restaurants trading at 70% of pre-covid level

After just two weeks of reopening, pubs and restaurant groups in England are trading at around 70% of pre-covid norms, according to CGA’s latest Coffer Peach Business Tracker data. 

For the week beginning July 13th, the data shows collective like-for-like sales in sites trading 31.6% down on the same week last year - an improvement on the minus 39.8% level recorded in the first week back.

Overall, total sales across the managed pub, bar and restaurant market were up 40.6% on week one trading.

A total of 60% of group-operated sites were open for eating and drinking inside, up from the 55% trading during the first week after restrictions were lifted.

Restaurants saw the biggest shift, with like-for-likes down 26.9%, compared to 40.0% down in the first week. Restaurant groups have generally taken a more cautious approach to reopening, still with only 24% of sites open for business, compared to 17% in week one.

Pub groups have generally been more ambitious in their reopening strategies, with 74% of sites open in week two compared to 70% the week before. Pubs that were open over the week saw sales down 32.4% on the same week in 2019, compared to 39.3% down the week before.

Karl Chessell, director of CGA, says: “Trading at approaching 70% of pre-COVID norms after just two weeks should be seen as a solid performance, in the light of consumers stated caution about going out to eat and drink again after lockdown. The steady improvement on the first week back is also encouraging, and operators will hope to maintain that momentum as more sites open their doors. Providing the public with reassurance that it’s safe to go out and that they will also have a good time is going to be crucial.”

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