The restaurant industry is gradually improving year on year with a slow but consistent growth, and it may prove more profitable for owners to specialize or at least find some way of setting themselves apart from the competition.
Declining alcohol consumption and heightened regulation has affected the nightclub industry, but diversifying to attract new customers may be the way forward. With wine bars, specialty cocktail lounges, martini bars or artisanal beer bars, club owners may attract a new demographic to bolster their profits.
As income increases and the population grows, the revenues of liquor stores are expected to increase. Revenues for Canadian liquor stores are $24 billion a year, with an annual growth of 3.1% between 2012 and 2017.
Cat-lovers are everywhere. From your next door neighbour to the thousands of instagramers posting pics of their cute/crazy/grumpy felines, you can’t escape devoted owners purring about their furry friends.
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