fbpx

ILT Businesses Picking Up Again Post Covid

Jul 30, 2020
1808 Views

The Invercargill Licensing Trust has made a strong recovery post-Covid and as a result, re-
employed 37 out of 87 staff who were recently made redundant.

In a report from the chief executive Chris Ramsay, the trust’s year-to-date sales for the last three months have seen an overall drop of $7.2 million compared to last year – with April down $4.1 million, May down $2.7 million, but June only down $500,000.

“Clearly we are seeing a very good recovery since lockdown in the March/April months.”
Off-premise retail liquor businesses have continued to trade well both during lockdown and after, with sales over the past four weeks up 17%.

Chris said, when contacted, that everyone they have re-employed have been really happy and excited to come back.

When asked if it was hard right now to offer people job security, he said it was challenging as there was so much that could happen beyond their control – as the lockdown proved.
“That being said, our short to medium term forecast is looking a lot better that we initially
anticipated.

”We are just as concerned as everyone else about the news on Tiwai, and the impact this will have on the community as a whole, in the long-term,” he said.

In late May the trust made 87 of its 606 staff redundant, following the Covid-19 pandemic, but the ILT always indicated they would bring people back once business picked up.

A word from our Sponsor:

At Malloch McClean we’re more than great accountants. For over 85 years, we have been helping New Zealanders build enduring wealth through successful businesses. Our experienced team can help you grow all areas of your business and will challenge you to succeed. Talk to us today and find out how we can help you grow a smarter better business.

Contact Malloch McClean:   Website: mmca.co.nz    Phone: +64 3 214 4166
 

Hospitality and accommodation businesses in the South have also been boosted in recent weeks by flight numbers into Invercargill – from Christchurch, Wellington and Auckland – starting to return to pre-lockdown levels.

Plenty of Crunch To This Business
Business, News
3252 views
Business, News
3252 views

Plenty of Crunch To This Business

Aimee Wilson - Jan 22, 2021

Invercargill has its own ‘urban vertical farm’ business in the form of micro greens, herbs and edible flowers - which…

More Farm Fresh Milk Coming To The People
Business, News
2888 views
Business, News
2888 views

More Farm Fresh Milk Coming To The People

Aimee Wilson - Jan 20, 2021

The girls at Farm Fresh South Milk have been busy, with the business now offering local milk from its new…

Langlands Hotel Starting To Take Shape
Business, Invercargill Central
2928 views
Business, Invercargill Central
2928 views

Langlands Hotel Starting To Take Shape

Aimee Wilson - Jan 15, 2021

Invercargill’s new 4.5+ star hotel will bring more visitors into the South by offering a new option for upmarket accommodation.…

Virtual Assistants – The New Executive Assistant
Business, News
3524 views
Business, News
3524 views

Virtual Assistants – The New Executive Assistant

Aimee Wilson - Jan 13, 2021

The World of digital media is fast changing and Virtual Assistants are becoming increasingly popular with helping people in business.…

NZ’s Longest Serving Video Store Owner
Business, Entertainment
4403 views
Business, Entertainment
4403 views

NZ’s Longest Serving Video Store Owner

Aimee Wilson - Jan 06, 2021

Daryle Blackler loves movies but he’s also into a huge amount of other things that many people wouldn’t know about…

Take a Fly-Through The Invercargill Central Inner-City Redevelopment
Community, News
17524 views
Community, News
17524 views

Take a Fly-Through The Invercargill Central Inner-City Redevelopment

Mike Sanford - Jan 22, 2021

Take a fly-through the Invercargill Central inner-city redevelopment planned for the city block of Esk, Tay and Dee, Kelvin streets.…

Plenty of Crunch To This Business
Business, News
3252 views
Business, News
3252 views

Plenty of Crunch To This Business

Aimee Wilson - Jan 22, 2021

Invercargill has its own ‘urban vertical farm’ business in the form of micro greens, herbs and edible flowers - which…

Master Plan Will Slow Down City: But What About Business?
Invercargill Central, Invercargill City Council
1757 views
Invercargill Central, Invercargill City Council
1757 views

Master Plan Will Slow Down City: But What About Business?

Aimee Wilson - Jan 22, 2021

Some business owners in the city feel that the council’s Master Plan could actually be detrimental to trading - particularly…

Government-funded Water Network Projects to Start
News, Rural
274 views
News, Rural
274 views

Government-funded Water Network Projects to Start

News Desk - Jan 22, 2021

Millions of dollars’ worth of upgrades and renewals are in the pipeline for Southland’s water networks, thanks to three waters…

Man Arrested After Bomb Scare at Invercargill Airport
News, Southland
5249 views
News, Southland
5249 views

Man Arrested After Bomb Scare at Invercargill Airport

News Desk - Jan 22, 2021

Invercargill Airport was evacuated due to a bomb scare, a man was heard saying 'bomb in a bag'. Police were…