Jun 19, 2020

Hospitality Workers Face Risk

By Laura Moore, posted Jun 19, 2020

According to a recent Wall Street Journal article, service businesses are starting to rehire with job gains of 1.2 million in leisure and hospitality. However, some local businesses are struggling to fill the jobs lost during the pan­demic closures.   Some terminated employees are afraid of returning to work amid the pandemic while others have medical issues or ...

Jun 11, 2020

Room Occupancy Tax Numbers Take A Dive In April

By Cece Nunn, posted Jun 11, 2020

Room occupancy tax numbers in the Wilmington area sank in April, as expected, because of measures to slow the spread of the coronavirus pandemic. For New Hanover County, the countywide room occupancy tax (ROT) in April this year dropped by 87%, from nearly $1.3 million in April 2019 to $164,136 during the same month this year. That's according to numbers provided by ...

Jun 9, 2020

Battleship North Carolina officials announced Tuesday that a contract for the battleship's hull repair has been awarded to Wilmington-based Atlantic Coast Industrial Marine Construction LLC, after a public bidding process. According to a news release, the company will cut and replace steel on the ship's bow, as well as repaint the affected areas of the hull when ...

Ico insights



Alyce Phillips
Old North State Trust LLC

Charitable Trusts Let You Split Gifts Between Philanthropy, Family

Posted Jun 30, 2020
Amid the current unprecedented crises in public health and the economy, charitable organizations are under strain, asked to meet a multitude of vital needs. Many charities themselves are hurting. So now may be a perfect time to think about how to set up charitable trusts that can do good in the world, but also help your family and provide you with tax benefits.
I’m entire article
Jun 5, 2020

Not A Normal Season

By Cece Nunn, posted Jun 5, 2020

For the SeaWitch Tiki Bar in Carolina Beach, Memorial Day weekend typically serves up the most lucrative part of the summer tourist season. Jenni Gilewicz, who owns the SeaWitch with her husband, Alex Gilewicz, said the weekend leading up to Memorial Day on May 25 went more smoothly than anticipated at the restaurant, where the bar por­tion had to remain closed by s ...

May 22, 2020

In Beach Town, Waves Of Reopening

By Laura Moore, posted May 22, 2020

Business owners on Pleasure Island, which includes the New Hanover County towns of Carolina Beach and Kure Beach, share a measured enthusiasm as the phases of reopening from coronavirus restrictions unfold. Few expect a return to “normal” any time soon, but many said they are ready to do what needs to be done to keep their businesses open and safe.   Hot ...

Mar 20, 2020

Leland's Hot Diggity Dogs

By Kyle Hanlin, posted Mar 20, 2020

Lee Kent looked out from his Leland storefront. From that vantage point, he saw seemingly endless quick-serve restaurant options, and the adjacent vacant space intrigued him.   “I was looking around the parking lot at McDonald’s, Hardee’s, Taco Bell, KFC and Bojangles’,” Kent said. “So, I was like, ‘You know, nobody is servi ...

Mar 12, 2020

One of the Wilmington area's biggest industries – tourism – is feeling the effects of the coronavirus, as school trips to local attractions are canceled, along with volunteer opportunities and other previously scheduled events. On Thursday, the number of confirmed cases of COVID-19 increased in North Carolina to 14 (from nine on Wednesday), according to ...

Feb 21, 2020

Center Of Attention

By Laura Moore, posted Feb 21, 2020

Keeping up a house takes work. Keeping up a riverfront structure that houses ballrooms, exhibit halls and meeting rooms for hundreds of events and thousands of visitors takes even more work. Add hurricane-related damage to that, and the workload increases exponentially. That is the reason the Wilmington City Council unanimously approved $1.9 million for repairs to the W ...

Feb 21, 2020

The Challenges Of B&Bs

By Laura Moore, posted Feb 21, 2020

Margi and Doug Erickson offer a laid-back atmosphere at the C.W. Worth House, a Victorian inn and bed and breakfast establishment in downtown Wilmington.   “We are casual and like to have fun,” Doug Erickson said. “There’s nothing stuffy about us,” Margi Erickson added. Unfortunately, the small business faces challenges. The Ericksons f ...

Feb 21, 2020

Local 'star' Is Lodging Employee Of The Year

By Cece Nunn, posted Feb 21, 2020

Local hospitality leader Kevin Cottet, general manager of Staybridge Suites Wilmington-Wrightsville at 5010 New Centre Drive, received statewide recognition this month during the 2020 Stars of the Industry Awards, hosted by the N.C. Restaurant and Lodging Association.   Cottet won Lodging Employee of the Year for his work ethic and commitment to the industry.   ...

Ico insights



Paycheck Protection Forgiveness Just Got A Lot Easier

Caroline Montgomery - Adam Shay CPA, PLLC
Michaelhiggins 41019104338

You’ve Lost A Loved One - What Now?

Michael Higgins - Dignity Memorial

Charitable Trusts Let You Split Gifts Between Philanthropy, Family

Alyce Phillips - Old North State Trust LLC

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In The Current Issue

Industrial Sector Shines In Pender

Industrial commercial real estate gained more attention over the past few months as a sector that’s still doing well, despite an economic do...

Boom And Bust

Parts of the local and national economy seem to be thriving amidst ongoing restrictions aimed at slowing the spread of COVID-19, while other...

Businesses Continue To Adapt To Times

An update on how businesses that were part of the Working Through It series are still coping as a result of the coronavirus pandemic, starti...

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