UK butchery chain sees good growth
Butchery chain Crawshaw Group has reported “encouraging” sales for May, with like-for-like sales (LFLs) up 6% on the same period year.
Sales at the company’s newer stores were up 12%, and year-to-date sales were now running at 4% higher than last year, the company said.
As reported previously, following management’s actions to stimulate growth, LFL sales have significantly improved since last autumn and I am pleased to announce that this trend has continued,” said chairman Richard Rose.
“We are delighted to report that, for the first 20 weeks of the current year, we are trading ahead of management’s expectations.”
Rose added that the chain is working to clear up confusion over the so-called ‘pasty tax’. The government has announced concessions allowing butchers to sell products that are “on the cool” VAT-free, but Crawshaws is concerned that this could create difficulties for its small-format stores.
“We have therefore made further representations to the Treasury, both in writing and in person, and are hopeful that workable solutions can be found,” said Rose.