Grocers sales to benefit from hospitality curfews and working from home reversal
Grocery retailers are set to be the big winners from the latest round of government restrictions on hospitality venues, with sales settling in excess of 25% above pre-Covid levels.
Following the government’s introduction of a 10pm curfew for all hospitality venues and a reversal on its push to get people back into city-centre offices, Shore Capital head of research Clive Black said grocery retailers will be the long-term beneficiaries.
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