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Taste savours rise in sales

Johannesburg - Quick service restaurant group Taste Holdings [JSE:TAS] on Monday said its food division, which consists of Scooters Pizza, Maxi's and St Elmo's, grew system-wide sales by 30% over that of December 2009.

The group said that same-store sales exceeded expectations with growth of 6%, despite price reductions in the pizza division compared to the previous period.

"January same-store sales have continued the positive trend, with a further increase of over 6% anticipated for January over the comparable period in 2010," it said.

Its jewellery division, which consists of NWJ, grew sales by 10.7% when compared to December 2009.
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