Pub openings boost TRG sales

By Emily Hawkins contact

- Last updated on GMT

Sales lift: The Restaurant Group puts its pub success down to premium food-led pubs (image: Jeff Buck, Geograph)
Sales lift: The Restaurant Group puts its pub success down to premium food-led pubs (image: Jeff Buck, Geograph)

Related tags: The restaurant group

The Restaurant Group’s (TRG) pub openings contributed to a total sales boost of 57% for the first part of its financial year.

Like-for-like sales increased by 2.8% for the 19-week period ending 12 May 2019, the group announced in a trading update.

Its pub business consistently traded ahead of the pub-restaurant sector, according to the group’s chairman Debbie Hewitt.

A record number of 21 new pub sites – including venues for its family pub brand Brunning & Price – were opened in 2018. The group also acquired Asian restaurant chain Wagamama.

TRG purchased Brunning & Price for £32m in 2007 when it had 14 sites in its portfolio.

The pubco initially focused on sites in the north-west of England and north Wales but now has sites across the country.

Gastropub operator Food & Fuel was also sold to the group for £15.4m in August 2018.

Food-led offer

Growing its pub business would continue to be a key priority, the group said in its final report at the end of 2018.

It stated: “Our pubs business is well positioned in the market with a premium, differentiated food-led offer that is increasingly outperforming the pub-restaurant sector.  

“The business benefits from operating and often owning differentiated assets and delivering an exceptional experience.  

“There continues to be opportunities to expand this business and we have a healthy organic pipeline in place.”

To find out more about pubs for sale, lease and tenancy visit our property site​.

Related topics: Other operators

Related news

Show more

Follow us

Pub Trade Guides

View more

FREE EMAIL NEWSLETTER

Subscribe to The Morning Advertiser

The definitive voice for the pub trade

Get the latest news, analysis and insights from the uk pub sector straight to your inbox!