Next 4C Expectations ????, page-19

“At the peak of isolation measures, 441,400 jobs had been lost in hotels, pubs, clubs, restaurants, cafes, takeaway, coffee shops, accommodation hotels and casinos. This represents a loss of a third of their total workforce.

“The hospitality sector has seen an $8.5billion fall in revenue, which represents 10% of their annual sales.

Australia’s largest beer, cider, wine and spirit producers are reporting dramatic volume declines. This has clearly translated into Australians drinking less overall, and the sad reality of almost half a million jobs lost in hospitality and $8.5 billion in lost business revenue.

Major liquor retailers have witnessed a decline in online sales, dropping by 18.1 per cent year on year during the past 12 months, according to consumer intelligence company Nielsen IQ (NIQ).

All categories recorded double-digit declines, with RTDs witnessing the steepest drop in online value sales, according to the report.


@Exmouth1987

Do some proper updated research imo