Marketing

One-third of Irish publicans see risk of permanent closure


One in three publicans in Republic say that there is a “moderate chance” their business will be forced to close permanently as the industry continues to grapple with restrictions and cautious consumers as a result of Covid-19, according to a new report.

A survey of 1,085 publicans in the State during the first five days of the month found one-fifth of pubs have continuing costs of up to €2,000 a week to sustain while generating no revenue during lockdown, according to the Drinks Industry Group of Ireland (DIGI).

For those who have been allowed to reopen under Government guidelines in recent months, one in four reported a decline of more than 50 per cent in trade compared to the same period last year, according to the survey carried out by the lobby group. A further 40 per cent said reduced demand and Covid restrictions have resulted in 60 per cent profits slump.



READ SOURCE

Leave a Reply