L
oungers, which runs a whole bunch of cafe bar and restaurant websites across the UK, stated that its progress has accelerated in latest weeks.
The enterprise stated that gross sales rose 7.7% within the 24 weeks to the beginning of October. It was up from 5.7% progress within the prior 12 weeks, Loungers stated.
The enterprise didn’t provide any rationalization for the rise. It implies that within the first half of this monetary 12 months, Loungers made £149.6 million in income, 22.3% greater than the 12 months earlier than.
We have now opened 34 websites previously 12 months, creating round 1,000 jobs within the course of, and 72 websites for the reason that final Covid lockdown
Loungers additionally stated that the strain from inflation was easing.
The group stated that it had opened 16 extra websites throughout these six months. It implies that there at the moment are 238 Loungers areas throughout the nation. It plans so as to add to this and open a document 34 websites throughout this monetary 12 months.
“I am delighted with our strong trading performance across both the mature estate and our new openings,” stated chief government Nick Collins.
“Our consistent sales growth reflects the continued evolution of our offer and the resilience of the UK consumer and high street.
“We have now opened 34 sites in the past 12 months, creating around 1,000 jobs in the process, and 72 sites since the last Covid lockdown.
“With a great pipeline of further openings in front of us I have never felt more optimistic about our prospects.
“None of this would be possible without our amazing team, and as ever I would like to say a massive thank you to them for their hard work.”
