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Cafe & Restaurant Retail Sales Trends CREDIT: Steve Swann - Tourism Properties

Modest rise in Retail Sales Trend for Cafes and Restaurants
Thursday 12 November 2009, 4:23PM
By Steve Swann - Tourism Properties
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September Retail Trade figures released today by Statistics New Zealand show that over-the-counter sales in the Cafe and Restaurant sector were modestly ahead on the same period last year. The month of September was only slightly ahead on $307 million, $1 million above last year; While 2009 September Quarter was $11 million ahead of the September Quarter 2008.

Historically October and November show improved sales usually due to the improving spring weather. It will be interesting to see if this years cold and wet October and continued changability impacts actual sales figures.

 

Steve Swann is the Specialist Hospitality Business Broker for the Lower North Island covering the area from Taupo to Wellington, New Plymouth to Napier and everywhere in between!







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