High street store decline continues to accelerate

By on April 20, 2021

first_imgHigh street stores have taken a major hit, with PwC research produced by the Local Data Company finding that 15 stores closed every day in the first six months of this year.A total of 2,656 shops closed on UK high streets – a small increase compared to 2015’s figure of 14 closures a day in the comparable period.And the number of new openings fell, meaning a net 503 stores disappeared from high streets, retail parks and shopping centres in the first half of 2016.However, according to the report, takeaway food shops were among those growing at the fastest rate, in fourth place, with 48 openings compared to 20 closures, giving a net change in units of 19. Meanwhile, coffee shops came in seventh place for growth stores with 73 new openings compared to 59 closures, giving a net unit total of 14.The research revealed that the rising popularity of online shopping is causing the closures as shoppers can purchase valued items from their own home.Madeleine Thomson, retail and consumer leader at PwC, said: “Despite uncertainty and a fall in the number of store openings, consumer sentiment has rebounded following the post-EU referendum dip. With employment levels still high and price inflation yet to hit the shops, the majority of the UK public believe they will be better off in 12 months.“To increase footfall to their stores, it is key for retailers to ensure their in-store offering and price point is relevant for the younger demographic, who are particularly high users of online channels and very price savvy.”The research covered 66,401 outlets operated by multiple retailers in 500 town centres across Great Britain.last_img read more

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Senate Holds Public Hearing on NFF Bill

By on September 18, 2020

first_imgTOTAL REFORMFemi SolajaIn an effort to finally repeal the NFA Act 2004 and enact NFF Bill 2016, the Senate Committee on Youth and Sports yesterday held a public hearing at the National Assembly Complex, Abuja. President of the Senate, Dr. Bukola Saraki, who was represented by the Senate Minority Whip, Senator Philip Aduda, noted that “the positive energy that resonates among Nigerians from everywhere when a Nigerian team is in action is testament to the special attachment that our people have for the game”, and that “the Bill seeks to make the NFF an autonomous agency with less government interference”, while praising the efforts of Chairman of the Senate Committee on Sports, Senator Obinna Ogba, on the new Bill.Senator Ogba, alongside Committee members Senators Eyinnaya Abaribe and Samuel Anyanwu, listened to submissions from the Minister of Youth and Sports, Barr. Solomon Dalung, NFF President Amaju Pinnick, NFF 2nd Vice President/LMC Chairman Shehu Dikko, former FIFA Executive Committee member Dr. Amos Adamu, Vice President of CAF Appeal Board Amanze Uchegbulam and Shuaibu Gara Gombe.In his opening remark, Senator Ogba, a former NFF Vice President, stated that the objective of repealing the Act and enacting the Bill is “to see Nigeria return to its rightful place among the 10 best football –playing nations in the world and number one in Africa”, while Minister Dalung revealed that the Government is determined to make football a national asset. Dalung also disclosed that the commitment of the Government presently is to fund grassroots sports, while elite athletes should fund themselves from what they generate at the station they have reached, thus allowing scarce resources to go into discovering new talents.Also a former NFF Vice President, Mazi Uchegbulam, traced the history of NFF Statutes and efforts to repeal the Act, and submitted that it was pertinent to give the NFF Congress the power to be able to amend the regulatory instrument without recourse to the National Assembly.Former Director General of the National Sports Commission (NSC), Dr. Amos Adamu, supported the enactment of the new Bill, and was of the opinion that Government could decide to also give the NFF grant time and again before the Federation attains real financial independence.NFF President Amaju Pinnick commended the Senate Committee on Youth and Sports for its firm commitment to the Bill, while assuring that the sentiments of Government, private sector, FIFA, CAF and the Nigerian ball fan were all taken into consideration in the document submitted by the Federation.Also at the hearing were the Permanent Secretary in the Federal Ministry of Youth and Sports, Mr. Chinyeaka Ohaa, NFF General Secretary, Dr. Mohammed Sanusi and some members of NFF Management.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

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