Industry reports strong year-on-year growth for September

by | Oct 4, 2023 | Sales Figures

Hospitality sees an impressive surge in like-for-like sales for the month of September, as reported by S4labour. Overall, the sector experienced a remarkable 9.6% increase in year-on-year sales. 

London led the charge with an 11.5% boost, with growth underpinned by a 16.7% increase in food sales. 

Non-London regions across the UK also experienced robust growth, with a 9.1% increase in like-for-like sales compared to the same period last year. 

Richard Hartley, Chief Growth Officer at S4labour, commented: “These figures come as a much-needed boost to the UK’s hospitality sector and are ahead of inflation levels for the first time in a while. The good weather in September likely helped with this resurgence in consumer confidence for dining out. As we move into the final quarter of 2023, we should be cautiously optimistic about sustaining this upward trajectory.”  

Other Articles You May Like...

Why Habits and Behaviours Matter More Than Ever

The festive season was always my favourite time of year to be front-facing in hospitality. Joyful guests, hardworking teams and tills ringing. Unfortunately, what often followed was quite the opposite. January is, without doubt, the time of year that can easily...

read more
Why the Rise in 18-21 Minimum Wage is Misguided

Why the Rise in 18-21 Minimum Wage is Misguided

I have spent a bit of time looking at minimum wage rates across different countries of the world and trying to get a deeper understanding of the purpose and effect of them. It is fascinating. If we look at the core minimum wage for those aged 21 and over, the...

read more