New Stores, Longer Hours Fuel More Booze And Pot Spending In Nova Scotia
The gradual recovery from Covid-19 has meant more people buying at NSLC stores and a huge increase in sales to retuarants, bars, and other licensed establishments.
The gradual recovery from Covid-19 has meant more people buying at NSLC stores and a huge increase in sales to retuarants, bars, and other licensed establishments.
The Nova Scotia Liquor Corporations says it sold more than $791 million worth of products over the last fiscal year, which is a jump of almost 10 percent, or $67 million dollars.
According to NSLC’s third-quarter results, alcohol sales are up 11.7 percent compared to the same timeframe in 2019.
Restaurant revenue dropped by more than 24 percent in 2020, and the recovery to pre-pandemic levels will be slow says Luc Erjavec of Restaurants Canada.
On a conference call with reporters Tuesday, CEO Ian Smith said the pandemic was the main reason sales fell more than $40-million compared to the same quarter the year before.
Across Canada, there was a lot of uncertainty if Halloween would go ahead this year. From province-to-province people debated whether they should attend parties or even allow trick-or-treaters. But, in Halifax, it looks like people are ready and willing to celebrate.
The Nova Scotia Liquor Corporation had another “very strong quarter” from June to September, bringing in $216 million, which is 6.3 percent more than the same period last year.
Sales at the Nova Scotia Liquor Corporation spiked substantially during the height of the Covid-19 pandemic.
The Fredericton-based program helps companies develop a comprehensive sales strategy and hone their skills for predictable and repeatable revenue growth.
Planet Hatch’s sales accelerator pilot program saw strong results, with the participating companies posting a 190-per cent increase in monthly revenues on average. Now, it wants to work with its counterparts to spread the program’s reach.