Like-for-like sales drop at Crawshaws

Retail butchery chain Crawshaw Group posted a drop in like-for-like sales but is focusing on its new shop models to get it back on track.

In its trading and strategic update for the 20 weeks to 18 June 2017, it reported a 4.5% year-on-year drop in like-for-like sales. Group sales were up 5.1%

Chief executive officer Noel Collett said “the trading performance of the business continues to be stable following the improvement in like-for-like sales from the initiatives introduced throughout the estate”.

The business reported good progress on the transitional plans and operational synergies following the announcement of the strategic partnership with the 2 Sisters Food Group that will “deliver the expected customer and financial benefits”.

During this trading period Crawshaws has opened an additional standalone fresh meat factory shop in Crystal Peaks, Sheffield, which, along with the two factory shops opened earlier this year, are reported to be trading in line with expectations. It plans to open a further four new shops of this type in the balance of the current financial year “from a strong pipeline of potential sites”.

Collett said: “We are pleased with the progress we’ve made and the continued level of stability achieved in the core business against the current backdrop of industry-wide cost pressures and a challenging consumer environment. Our new fresh meat factory shops continue to perform well and we are further encouraged by our most recent opening at Crystal Peaks, Sheffield. Our strategic focus for the rest of this year will be to open four more fresh meat factory shops and to ensure that we are maximising the customer and financial benefits of the new supply partnership across the estate.”

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