Boxing Day shopper footfall was down 7.9% from last year across all UK retail destinations up until 5pm, MRI Software’s OnLocation Footfall Index found. However, this year’s data had been compared with an unusual spike in footfall as 2023 was the first “proper Christmas” period without Covid-19 pandemic restrictions, an analyst at the retail technology company said. It found £4.6 billion will be spent overall on the festive sales. Before the pandemic the number of Boxing Day shoppers on the streets had been declining year on year. The last uplift recorded by MRI was in 2015. Jenni Matthews, marketing and insights director at MRI Software, told the PA news agency: “We’ve got to bear in mind that (last year) was our first proper Christmas without any (Covid-19) restrictions or limitations. “Figures have come out that things have stabilised, we’re almost back to what we saw pre-pandemic.” There were year-on-year declines in footfall anywhere between 5% and 12% before Covid-19 restrictions, she said. MRI found 12% fewer people were out shopping on Boxing Day in 2019 than in 2018, and there were 3% fewer in 2018 than in 2017, Ms Matthews added. She said: “It’s the shift to online shopping, it’s the convenience, you’ve got the family days that take place on Christmas Day and Boxing Day.” People are also increasingly stocking-up before Christmas, Ms Matthews said, and MRI found an 18% increase in footfall at all UK retail destinations on Christmas Eve this year compared with 2023. Ms Matthews said: “We see the shops are full of people all the way up to Christmas Eve, so they’ve probably got a couple of good days of food, goodies, everything that they need, and they don’t really need to go out again until later on in that week. “We did see that big boost on Christmas Eve. It looks like shoppers may have concentrated much of their spending in that pre-Christmas rush.” Many online sales kicked off between December 23 and the night of Christmas Day and “a lot of people would have grabbed those bargains from the comfort of their own home”, she said. She added: “I feel like it’s becoming more and more common that people are grabbing the bargains pre-Christmas.” Footfall is expected to rise on December 27 as people emerge from family visits and shops re-open, including Next, Marks and Spencer and John Lewis that all shut for Boxing Day. It will also be payday for some as it is the last Friday of the month. A study by Barclays Consumer Spend had forecast that shoppers would spend £236 each on average in the Boxing Day sales this year, but that the majority of purchases would be made online. Nearly half of respondents said the cost-of-living crisis will affect their post-Christmas shopping but the forecast average spend is still £50 more per person than it was before the pandemic, with some of that figure because of inflation, Barclays said. Amid the financial pressures, many people are planning to buy practical, perishable and essential items such as food and kitchenware. A total of 65% of shoppers are expecting to spend the majority of their sales budget online. Last year, Barclays found 63.9% of Boxing Day retail purchases were made online. However, a quarter of respondents aim to spend mostly in store – an 11% rise compared with last year. Karen Johnson, head of retail at Barclays, said: “Despite the ongoing cost-of-living pressures, it is encouraging to hear that consumers will be actively participating in the post-Christmas sales. “This year, we’re likely to see a shift towards practicality and sustainability, with more shoppers looking to bag bargains on kitchen appliances and second-hand goods.” Consumers choose in-store shopping largely because they enjoy the social aspect and touching items before they buy, Barclays said, adding that high streets and shopping centres are the most popular destinations.Sean 'Diddy' Combs denied bail a third time as he awaits sex trafficking trial
Gaming platform Eragon eyes PH expansionGovt doesn’t take it seriously, Tarar on PTI’s deadline for talks Federal minister categorically rejects that incarcerated PTI founder had been offered any deal Federal Information Minister Attaullah Tarar addressing a press conference at the PTV HQ on February 7, 2023. — APP ISLAMABAD: Reacting to the Pakistan Tehreek-e-Insaf’s (PTI) January 31 deadline for the result-oriented talks, Federal Information Minister Attaullah Tarar said on Thursday that the federal government “does not take it seriously”, terming it a “face-saving” attempt. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1700472799616-0'); }); Earlier Thursday, the PTI negotiation committee set the deadline for the government after meeting its party founder in Adiala jail, reiterating the demands of judicial probe into the May 9 riots and November 26 late-night crackdown and release of “political prisoners”. “PTI founder [Imran Khan] is ready to forgive everyone for all the ill-treatment he has suffered for the sake of Pakistan,” Sunni Ittehad Council (SIC) chief Sahibzada Hamid Raza said while speaking to journalists after the meeting. Raza, who is also a part of the PTI’s dialogue team, also noted that the first phase of civil disobedience movement, ‘boycott of remittances’, would remain in place despite talks with the government. Tarar, speaking on Geo News programme “Aaj Shahzeb Khanzada Kay Sath”, claimed that the Imran Khan-founded party was issuing ultimatums to the government for “face-saving” as it suffered back-to-back “political defeats”. Responding to a question, he claimed that the PTI’s call to the overseas Pakistanis to stop sending remittances would meet the same fate as its “final call” protest in Islamabad last month. He went on to say that such calls would not make any difference as the former ruling party faced back-to-back failures on several occasions including the 26th Constitutional Amendment and “do-or-die” protest. To another question, the federal minister categorically rejected that the incarcerated PTI founder had been offered any deal wherein he would be placed under house arrest or move to a prison in Khyber Pakhtunkhwa, where his party is in power.
SANTA CLARA, Calif. (AP) — When the San Francisco 49ers used a third-round pick to draft Jake Moody last year, the hope was it would settle their kicking position for years to come. A shaky second half to Moody's second season with San Francisco has put that into question headed to the offseason. Moody missed his sixth field goal in the past seven games last week, leading to questions about whether the 49ers will need to replace him or at least bring in competition for next season. Coach Kyle Shanahan expressed confidence in Moody on Thursday, attributing some of the struggles to a high ankle sprain he suffered in his kicking leg earlier in the season. “I still feel the same about him, that I believe he is going to be our guy," Shanahan said. “Everyone has got to perform and do things like that and I think he has had a tough year. ... I thought he was doing really well and then had a high ankle sprain to his kicking foot. Since he’s come back, he hasn’t been as consistent, obviously. But I think a lot of that probably has to do with that, just common-sense wise.” Moody got off to a strong start this season, making all six field goals he attempted in the season opener and going 13 for 14 before injuring his ankle while attempting to make a tackle on a kickoff return in Week 5. He missed three games and has struggled since he returned. He missed three field goals in first first game back at Tampa Bay, two more in the snow at Buffalo in Week 13 and then a 41-yarder last week against the Dolphins. “That’s the great thing about kicking is, you can be as talented as whoever and you can struggle,” Moody said. “I feel like this year, I’ve struggled. It doesn’t really waver my confidence or anything. I feel like, throughout my entire life, I’ve gone through struggles, I’ve gone through high points. The biggest thing is to just stay consistent, not change anything.” Moody had an up-and-down rookie season, making 21 of 25 field goals in the regular season and missing only one extra point. But he missed a potential game-winning kick in a loss at Cleveland and missed field goals in playoff wins against Green Bay and Detroit. Moody then made three field goals in the Super Bowl with two coming from more than 50 yards, including a go-ahead 53-yard kick late in the fourth quarter against Kansas City. But Moody also had an extra point blocked in that game. “I believe we’ve got the right guy and I think that eventually, I think he has shown that at times,” Shanahan said. "I thought he showed that at times his rookie year. I thought he showed that big time being 12 out of 13 to start this year. And I think he’ll show us all that in the future.” NOTES: The Niners placed LT Trent Williams on IR after his ankle injury hasn't healed as quickly as hoped. Shanahan didn't think there were any long-term issues. ... LB Dre Greenlaw (calf) will be shut down for the rest of the season after playing parts of two games in his return from a torn left Achilles tendon. ... OL Spencer Burford (calf) didn't practice but might be able to play this week. ... San Francisco has signed two OL this week, adding Matt Hennessy and Charlie Heck. ... RB Isaac Guerendo (hamstring, foot) was limited but appears on track to play this week. AP NFL: https://apnews.com/hub/NFLSANTA CLARA, Calif. (AP) — De'Vondre Campbell's decision to quit on his team in the middle of a game overshadowed the bigger issues for the San Francisco 49ers. An offense that was one of the most dynamic in the NFL during a run to the Super Bowl last season has been just ordinary for most of 2024 and was downright bad in a 12-6 loss to the Los Angeles Rams on Thursday night that just about ended San Francisco's playoff hopes. San Francisco (6-8) was held to its fewest yards (191) in a regular-season game in eight seasons under coach Kyle Shanahan and its fewest points since Shanahan's debut in 2017 on a rainy night that will be remembered mostly for Campbell walking off the field in the middle of the game with a towel draped over his head. The game also featured San Francisco going three-and-out on four drives as Brock Purdy struggled to connect with his receivers. Deebo Samuel dropped a potential touchdown pass after complaining earlier in the week about a lack of touches. Purdy then missed Ricky Pearsall on an underthrown deep shot in the fourth quarter before throwing an interception into the end zone that ended the Niners' comeback attempt. “I just feel like I had a lot of plays left out there that I could have made for our team,” Purdy said. “I thought the defense and special teams played so good. That’s what’s hurting me is I just feel like I failed the team. I could have been better for our offense and we could have put up more points.” Scoring has been an issue this season for the 49ers, who have been missing key playmakers like Christian McCaffrey and Brandon Aiyuk for much of the season. San Francisco is scoring 8.5 fewer points per game on offense than the Niners did through 14 games last season. Red-zone defense. After allowing touchdowns on 13 consecutive red-zone drives over the previous four games, the 49ers kept the Rams out of the end zone on all three drives that went inside the 20. Receivers. The 49ers failed to get much production from their wide receivers with Purdy going 6 for 20 for 63 yards with an INT and a 19.4 rating when targeting wideouts. Samuel had 16 yards on seven targets with the key drop. Jauan Jennings had two drops and was the target on the interception. Pearsall had one catch for 16 yards on four targets. LB Dre Greenlaw returned for the first time since tearing his left Achilles tendon in last season's Super Bowl. Greenlaw had eight tackles in the first half as he brought needed intensity and physical play that had been missing for much of the season. Campbell. The 49ers are deciding whether to waive or suspend Campbell, who lost his starting job when Greenlaw returned and then refused to play when he was needed. “His actions from the game just is not something you can do to your team or your teammates and still expect to be a part of our team,” Shanahan said. “We’re working through exactly the semantics of it right now, but we’ll handle the situation appropriately.” Greenlaw came out of the game feeling OK after leaving with soreness in his knee and Achilles tendon. He is day to day. ... S Ji’Ayir Brown (groin) and LB Dee Winters (neck) are also day to day. ... LT Trent Williams (ankle) is still trying to get back to play after missing the last four games. Shanahan said Williams' recovery has been "a lot slower than anticipated.” 0 — The Niners didn't reach the red zone once all game, with their deepest penetration into Rams territory being when they reached the 27 on a third-quarter field goal drive. This marked the first time since Week 11 in 2010 that the 49ers didn't run a single play inside the opponent's 25. The 49ers visit Miami on Dec. 22. AP NFL: https://apnews.com/hub/NFLDePaul looks to put brakes on slide in clash vs. Wichita State
The decisive vote that could determine the fate of a state-proposed school curriculum under scrutiny for its heavy focus on Christianity will likely depend on a State Board of Education appointee who will only serve for one meeting and whom Gov. Greg Abbott favored over the Democrat voters elected to fill the seat next year. The seat for State Board of Education’s District 13, which covers parts of North Texas, was vacated earlier this year by Aicha Davis, a Democrat who successfully ran to serve in the Texas House. Tiffany Clark was the only candidate to run for the District 13 seat. She received more than 416,000 votes in the general election. Instead of appointing Clark to temporarily fill the vacant seat until her term officially starts in January, Abbott looked past her and instead appointed Leslie Recine, a Republican who will likely serve as the deciding vote on whether the controversial curriculum receives approval on Friday. Abbott appointed Recine four days before the general election when it was already clear that Clark, who ran unopposed, would win the race. A narrow 8-7 majority of the board signaled Tuesday that they would vote for the curriculum, with Recine on the prevailing side. Clark said she would have voted against the materials if she had been chosen to serve on the board for this week’s meetings. “I think that would have been the swing vote that was needed,” Clark told The Texas Tribune. “It would have been 8-7 in the other way.” Clark expressed disappointment and frustration with the governor’s decision to appoint Recine. She criticized Abbott’s choice to have Recine serve on the board for only one meeting, when the board was scheduled to vote on the curriculum, despite the governor having plenty of time to fill the position in the months prior. Davis resigned on Aug. 1. Clark said she believes Abbott chose Recine so she would vote in favor of the curriculum. “I just wish the state leaders wouldn’t play politics with our kids,” Clark said. Abbott’s office did not respond to a request for comment. Recine declined to speak with the Tribune on Tuesday. The State Board of Education will officially decide Friday whether it will approve Bluebonnet Learning, the curriculum proposed by the Texas Education Agency. The materials comprise a cross-disciplinary approach that uses reading and language arts lessons to advance or cement concepts in other disciplines, such as history and social studies. Critics, which include religious studies scholars, argue the curriculum’s lessons allude to Christianity more than any other religion, which could lead to the bullying and isolation of non-Christian students, undermine church-state separation and grant the state far-reaching control over how children learn about religion. They also questioned the accuracy of some lessons. Meanwhile, some parents, educators and historians raised concerns about how the lessons address America’s history of slavery and racism. Clark said she would have voted against the curriculum because she believes it forces Christianity “upon the masses” and ignores children’s family culture, values and beliefs. “There’s no way that I could be like, ‘my Baptist religion and Christian values are more important than your beliefs,’” Clark said. “I can’t see myself supporting that narrative in that context.” State leaders, including Abbott, have largely defended the curriculum. “The materials will ... allow our students to better understand the connection of history, art, community, literature, and religion on pivotal events like the signing of the U.S. Constitution, the Civil Rights Movement, and the American Revolution,” Abbott said in a statement earlier this year. Clark spent more than a decade working in a K-12 setting, both as a science teacher and a school counselor in the Dallas area. She spent six years as a DeSoto school board trustee and taught education at the University of North Texas at Dallas as an adjunct professor. Clark currently works for Communities in Schools of the Dallas Region, an organization that helps provide support services, including mental health, to schools. Recine currently serves as a political coordinator for a consulting agency, according to her LinkedIn account. A news release announcing her appointment also notes that she serves as a member of the Arlington Woman’s Club, the National Society Daughters of the American Revolution and the legislative committee chair of the Daughters of The Republic of Texas. She is also the daughter of two long-time educators.
Providence, Oklahoma hope key players are back in BahamasMULGRAVE — With expanded services and a renewed commitment to community good works in the new year, Eastern Counties Regional Library (ECRL) is re-writing the rulebook on building relationships with the municipalities it serves, says its chief executive officer. “I think everybody is interested in doing better and more for the community,” Laura Emery told The Journal in a recent year-end interview. “I think the province has a real understanding of the reach of public libraries. Strengthening relations with [our] municipal partners [ensures] that we [bring] the best that we can to the community.” According to ECRL’s 2023-24 annual report, released last month, the signs are promising. In one year, the number of new users at its nine branches in Cape Breton and northeastern Nova Scotia communities – including Guysborough, Canso and Sherbrooke – has jumped by 871, which included 57 at the Cyril Ward Memorial Public Library in Guysborough town, 41 at the Canso Public Library and 89 at the Sherbrooke Public Library. As well, the report shows, circulation (books and other reading materials) was 16 per cent higher in all locations – to 95,000 units, from 80,000, in 2022-23. That included a 20 per cent increase in Guysborough alone – to 11,131 from 9,207. Meanwhile, branch hours increased to 14,227, from 13,041, system wide. Even more notable was the growth in the number of public library programs – to 328 from 164 – and their growing attendance – to 2,000 from just more than 1,000 between 2022-23 and 2023-24. Wrote ECRL board chair Clair Rankin in the annual report: “Increased in-person programming [provided] more opportunities for community members to engage and learn ... demonstrating the value of flexible learning options. Increasing partnerships and better supporting local library staff helped to make these changes happen. Clearly, working with the community and our municipal partners is the way foreword.” This hasn’t always been easy. The oldest and one of the largest regional library systems, by geographic area, in Nova Scotia – catering to more than 32,000 residents the counties of Guysborough, Inverness, and Richmond, as well as the Town of Port Hawkesbury – ECRL receives two-thirds of its roughly $1-million annual budget from the provincial government. It gets the rest from four municipal councils, with which it’s in regular contact but, historically, not always in agreement. One well-publicized dispute with the Municipality of the District of St. Mary’s council over funding, for example, actually went to provincial mediation in 2022. The issue was resolved in April of this year when both parties signed a memorandum of understanding to enhance collaboration and communications between them. “To create such a specific agreement with one of our partners and really formalize ways that we can always be working together, always be communicating and bringing the best to the community, is historic,” Emery told local media at the announcement in Mulgrave at the time. Today, she’s even more adamant about making things work collaboratively. “Positive actions organically lead to a more positive and encouraging environment,” she told The Journal. “I think we’re certainly heading in a good direction.” Much of that may have to do with the provincial government’s growing realization that at a time of rising costs and housing shortages, rural libraries in general and ECRL, in particular, have important roles to play in shoring up the social and even economic well being of their communities. Additional provincial funding – not related to core programming – is helping ECRL position itself as a community hub. Over the past year, Rankin noted in the annual report, “Eastern Counties Regional Library expanded its role in supporting community well-being. Special funding from the province [has] allow[ed] ECRL to give away menstrual products, diapers and incontinence pads to help with the increasing cost of living. We’ve been distributing COVID-19 test kits for a few years, so these new offerings easily fit into our library locations. Items are on display, and people can drop by and pick up what they or their family and friends need.” The library has also established seed banks at its branches and recently received a $42,000 contribution from the Department of Communities, Culture, Tourism, and Heritage to conduct strategic planning and community engagement on potential, new initiatives. “It is a tremendous example of how public libraries can do so much more to benefit the community if they have the funding,” Rankin concluded in his message. “My hope is this trend of special project funding will continue.” Certainly, ECRL’s efforts have not gone unnoticed among some of its municipal partners. At the Nov. 20 Municipality of the District of Guysborough regular council meeting, Councillor Mary Desmond (district #2) praised the “vibrancy” and “informative” content of this year’s annual report. Warden Paul Long added: “There seems to be a greater sense of cooperation and collegiality between the library and municipalities.” Said Emery: “I am very happy to hear that. I think provincial funding for community initiatives ... has demonstrated the additional value that a library can bring to a community. And, that’s probably helping with the positive perception of the Eastern Counties Regional Library. Things are starting to turn around and, you know ... that’s great.”
India's sports fraternity on Thursday joined the nation in mourning the demise of two-time former Prime Minister Dr Manmohan Singh, paying homage to his "calm leadership and wisdom" in stirring condolence messages. Singh, 92, died at the All India Institute of Medical Sciences (AIIMS) here after losing consciousness at his home owing to age-related ailments. "Sad news of the passing of Dr. Manmohan Singh Ji. A visionary leader and a true statesman who worked tirelessly for India's progress. His wisdom and humility will always be remembered. My heartfelt condolences to his loved ones," World Cup-winning former cricketer Yuvraj Singh posted on X. Sad news of the passing of Dr. Manmohan Singh Ji. A visionary leader and a true statesman who worked tirelessly for India's progress. His wisdom and humility will always be remembered. My heartfelt condolences to his loved ones. #ManmohanSingh ji Similar sentiments were expressed by his former teammate and Aam Aadmi Party's Rajya Sabha member Harbhajan Singh, who described Singh as a thorough gentleman and visionary leader. "What truly set him apart was his calm and steady leadership in times of crisis, his ability to navigate complex political landscapes, and his unwavering belief in India's potential," he wrote. Saddened by the news of sudden demise of former Prime Minister, a thorough gentleman, and a visionary leader, Dr. Manmohan Singh Ji What truly set him apart was his calm and steady leadership in times of crisis, his ability to navigate complex political landscapes, and his... pic.twitter.com/WKbjrnADJQ It was during Singh's second tenure that India hosted the 2010 Commonwealth Games in the national capital. It was the first international multi-sport extravaganza to be held in the country after the 1982 Asian Games, also hosted by Delhi. Former wrestler Vinesh Phogat, who is now a Congress MLA in Haryana, called Singh a man of "extraordinary wisdom, simplicity and vision." "Dr. Manmohan Singh was not just a Prime Minister, but he was a thinker, economist and a true patriot. His calm leadership style and economic vision gave the country a new direction, from the 1991 economic reforms to establishing India's reputation on the global stage. "There was depth in his humility and wisdom in his every word. His services and contributions to the country will always be remembered. You will always live in our hearts, Sir," she wrote in her emotional tribute on social media. 1991... pic.twitter.com/JDoXy8PvmV Former cricketers Virender Sehwag and VVS Laxman and ex-women's hockey team captain Rani Rampal were also among those who expressed their sadness at his death. Before serving as Prime Minister from 2004 to 2014, Singh was finance minister in the P V Narasimha Rao-led government and was the brain behind the economic reforms of 1991 that marked the beginning of liberalisation in the country. Widely respected for his intellect and grace in public life, Singh had retired from active politics in April this year after over a three-decade run as a Rajya Saha MP. (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)Providence, Oklahoma hope key players are back in Bahamas
Fox News Flash top sports headlines are here. Check out what's clicking on Foxnews.com. The Florida Gators delivered a crushing blow to No. 9-ranked Ole Miss’ hopes of making the College Football Playoff, beating the Rebels 24-17 Saturday. The Rebels had a chance to tie the game late, but quarterback Jaxson Dart threw two interceptions in the final two minutes. On the first interception, Dart took a shot to the end zone into triple coverage, getting picked off by Bryce Thornton with just under two minutes left. CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM Head coach Billy Napier of the Florida Gators celebrates after defeating the Mississippi Rebels 24-17 at Ben Hill Griffin Stadium Nov. 23, 2024, in Gainesville, Fla. (James Gilbert/Getty Images) The Rebels' defense forced a three-and-out following the interception while using all their timeouts, giving Dart and the Rebels another chance to tie the game with just over a minute left. However, Dart did not take advantage. With just under 30 seconds left, Dart overthrew his wide receiver, and Thornton, once again, was in position to intercept the pass and end the game. Saturday’s loss marked the first time Dart has thrown multiple interceptions in a game in two seasons. Florida quarterback DJ Lagway opened the scoring in the first quarter by connecting with Elijhah Badger on an 8-yard touchdown. Dart responded by connecting with star wide receiver Tre Harris on a deep shot, tying the score at seven after the 43-yard touchdown. NO. 1 COLLEGE FOOTBALL RECRUIT FLIPS COMMITMENT FROM LSU TO MICHIGAN IN SHOCKING MOVE Mississippi Rebels quarterback Jaxson Dart (2) runs with the ball during a game against the Florida Gators Nov. 23, 2024, at Ben Hill Griffin Stadium at Florida Field in Gainesville, Fla. (David Rosenblum/Icon Sportswire via Getty Images) The Rebels quarterback stayed hot, hitting wide receiver Cayden Lee for a 22-yard touchdown to give Ole Miss a 14-7 lead in the second quarter. It was the Gators’ turn to respond. Lagway hit running back Jadan Baugh on a screen pass, and Baugh did the rest, scampering in for a 25-yard touchdown to tie the game 14-14. After trading field goals in the third quarter to make it 17-17, the Gators' offense went to work. CLICK HERE TO GET THE FOX NEWS APP Running back Montrell Johnson Jr. punched in a touchdown from nine yards out to put the Gators on top 24-17, where the score held. Johnson Jr. ran for 107 yards and a touchdown on 18 carries, while Lagway threw for 180 yards with two touchdowns and an interception in the win. Dart threw for 323 yards with two touchdowns and three interceptions while rushing for 71 yards in the loss. Lee ended the day with six catches for 94 yards and a touchdown. DJ Lagway of the Florida Gators warms up before the start of a game against the Mississippi Rebels at Ben Hill Griffin Stadium Nov. 23, 2024, in Gainesville, Fla. (James Gilbert/Getty Images) It was the Gators' second straight game beating a ranked opponent while being unranked, something they hadn’t done since 2003. The win for the Gators makes them bowl eligible as they improved to 6-5 with the win. The Gators will look to keep it rolling when they take on the rival Florida State Seminoles next Saturday. The loss drops the Rebels to 8-3 and likely takes them out of College Football Playoff contention. The Rebels will look to bounce back when they take on Mississippi State next Saturday. Follow Fox News Digital’s sports coverage on X , and subscribe to the Fox News Sports Huddle newsletter . Ryan Canfield is a digital production assistant for Fox News Digital.The slump in the number of people heading to the shops during Boxing Day sales signals a return to declining pre-pandemic levels, an analyst has said. Boxing Day shopper footfall was down 7.9% from last year across all UK retail destinations up until 5pm, MRI Software’s OnLocation Footfall Index found. However, this year’s data had been compared with an unusual spike in footfall as 2023 was the first “proper Christmas” period without Covid-19 pandemic restrictions, an analyst at the retail technology company said. It found £4.6 billion will be spent overall on the festive sales. Before the pandemic the number of Boxing Day shoppers on the streets had been declining year on year. The last uplift recorded by MRI was in 2015. Jenni Matthews, marketing and insights director at MRI Software, told the PA news agency: “We’ve got to bear in mind that (last year) was our first proper Christmas without any (Covid-19) restrictions or limitations. “Figures have come out that things have stabilised, we’re almost back to what we saw pre-pandemic.” There were year-on-year declines in footfall anywhere between 5% and 12% before Covid-19 restrictions, she said. MRI found 12% fewer people were out shopping on Boxing Day in 2019 than in 2018, and there were 3% fewer in 2018 than in 2017, Ms Matthews added. She said: “It’s the shift to online shopping, it’s the convenience, you’ve got the family days that take place on Christmas Day and Boxing Day.” People are also increasingly stocking-up before Christmas, Ms Matthews said, and MRI found an 18% increase in footfall at all UK retail destinations on Christmas Eve this year compared with 2023. Ms Matthews said: “We see the shops are full of people all the way up to Christmas Eve, so they’ve probably got a couple of good days of food, goodies, everything that they need, and they don’t really need to go out again until later on in that week. “We did see that big boost on Christmas Eve. It looks like shoppers may have concentrated much of their spending in that pre-Christmas rush.” Many online sales kicked off between December 23 and the night of Christmas Day and “a lot of people would have grabbed those bargains from the comfort of their own home”, she said. She added: “I feel like it’s becoming more and more common that people are grabbing the bargains pre-Christmas.” Footfall is expected to rise on December 27 as people emerge from family visits and shops re-open, including Next, Marks and Spencer and John Lewis that all shut for Boxing Day. It will also be payday for some as it is the last Friday of the month. A study by Barclays Consumer Spend had forecast that shoppers would spend £236 each on average in the Boxing Day sales this year, but that the majority of purchases would be made online. Nearly half of respondents said the cost-of-living crisis will affect their post-Christmas shopping but the forecast average spend is still £50 more per person than it was before the pandemic, with some of that figure because of inflation, Barclays said. Amid the financial pressures, many people are planning to buy practical, perishable and essential items such as food and kitchenware. A total of 65% of shoppers are expecting to spend the majority of their sales budget online. Last year, Barclays found 63.9% of Boxing Day retail purchases were made online. However, a quarter of respondents aim to spend mostly in store – an 11% rise compared with last year. Karen Johnson, head of retail at Barclays, said: “Despite the ongoing cost-of-living pressures, it is encouraging to hear that consumers will be actively participating in the post-Christmas sales. “This year, we’re likely to see a shift towards practicality and sustainability, with more shoppers looking to bag bargains on kitchen appliances and second-hand goods.” Consumers choose in-store shopping largely because they enjoy the social aspect and touching items before they buy, Barclays said, adding that high streets and shopping centres are the most popular destinations.
Reformed Methanol Fuel Cell (RMFC) Market Size, Insights 2031 by Key Vendors-Advent Technologies, Blue World Technologies, Palcan New Energy, More Hydrogen Energy Technology 11-23-2024 11:22 AM CET | Advertising, Media Consulting, Marketing Research Press release from: Verified Market Reports Reformed Methanol Fuel Cell (RMFC) Market USA, New Jersey: According to Verified Market Reports analysis, the global Reformed Methanol Fuel Cell (RMFC) Market size was valued at USD 40.9 Billion in 2023 and is projected to reach USD 62.37 Billion by 2030, growing at a CAGR of 4.80% during the forecasted period 2024 to 2031. What is the growth outlook for the RMFC market, and what factors are driving its expansion? The RMFC market is experiencing robust growth, driven by rising demand for cleaner energy solutions and the global push for decarbonization. With the transportation, industrial, and stationary energy sectors increasingly adopting RMFCs due to their high energy density and scalability, the market is projected to grow at a CAGR of 9-12% over the next decade. Government subsidies, R&D advancements, and partnerships for renewable methanol production further fuel this expansion. Additionally, RMFC technology's adaptability to off-grid and portable applications positions it as a preferred choice in emerging economies. Get the full PDF sample copy of the report: (Includes full table of contents, list of tables and figures, and graphs) @ https://www.verifiedmarketreports.com/download-sample/?rid=328970&utm_source=OpenPR&utm_medium=366 What are the key investment opportunities in the RMFC market? Investment opportunities lie in RMFC technology innovation, particularly in cost reduction and efficiency enhancement. Companies focusing on integrating RMFCs into electric vehicle (EV) platforms, backup power systems, and marine applications are poised for significant gains. Investors can also explore renewable methanol production projects, given their alignment with RMFC growth. Partnerships with governments and energy firms to scale methanol supply chains offer strategic benefits. Emerging markets in Asia-Pacific and Latin America present untapped potential for RMFC applications in energy access and industrial power. What challenges should investors consider, and how can they mitigate risks? Challenges include high initial costs, competition from alternative fuel cell technologies (e.g., hydrogen and solid oxide fuel cells), and infrastructure gaps for methanol distribution. Regulatory uncertainties around methanol as a clean fuel and market fragmentation also pose risks. To mitigate these, investors should prioritize companies with a diversified application portfolio, focus on regions with supportive regulatory frameworks, and back initiatives aimed at expanding methanol supply chains. Collaborating with academic institutions and technology accelerators can further de-risk investments by fostering innovation. Major companies Advent Technologies, Blue World Technologies, Palcan New Energy, More Hydrogen Energy Technology, China Hydrogen Energy Technology, Co-Win Hydrogen Power Trends Global Market Expansion: As markets continue to globalize, numerous enterprises in the Reformed Methanol Fuel Cell (RMFC) sector are actively exploring opportunities in emerging markets. Leveraging their expertise and resources, these companies are strategically expanding their footprint and reaching out to new customer segments, thereby capitalizing on evolving market dynamics. Sustainable Practices: There's a noticeable surge in prioritizing sustainability within the market, spurred by both consumer preferences and regulatory mandates. This shift is manifesting in heightened adoption of eco-friendly materials, implementation of energy-efficient processes, and proactive initiatives aimed at waste reduction. Digital Transformation: The Reformed Methanol Fuel Cell (RMFC) market is swiftly embracing digital transformation, incorporating cutting-edge technologies like AI, IoT, and blockchain. This transition is significantly enhancing operational efficiency, fostering product innovation, and elevating customer experiences through personalization. Health and Wellness: Consumers are placing a growing emphasis on health and wellness, catalyzing the introduction of functional and nutritious products in the Reformed Methanol Fuel Cell (RMFC) market. Additionally, there's a notable trend towards integrating health-focused attributes into existing offerings to meet evolving consumer expectations. The Reformed Methanol Fuel Cell (RMFC) market segmentation spans application, component, end-user, and region. By application, it includes transportation, portable devices, and stationary power generation, with transportation leading due to integration in EVs and marine systems. By component, the market is divided into fuel processors, fuel cell stacks, and ancillary systems, where fuel processors dominate owing to their role in methanol conversion efficiency. By end-user, the focus is on automotive, industrial, and residential sectors, with automotive emerging as a key driver due to decarbonization goals. Regionally, Asia-Pacific dominates, driven by clean energy mandates and rapid industrialization, followed by Europe, known for stringent emission regulations and R&D investments. This segmentation highlights RMFC's versatility across sectors, offering tailored solutions for energy challenges in diverse industries and geographies. FAQs on the Reformed Methanol Fuel Cell (RMFC) Market 1. What drives RMFC market growth? Increasing demand for clean energy, high energy density, scalability, and growing applications in EVs, backup power, and off-grid systems. 2. What are RMFC's key advantages? RMFCs offer higher efficiency, use widely available methanol, and are ideal for portable, stationary, and mobile power applications. 3. Which regions lead RMFC adoption? Asia-Pacific and Europe dominate, driven by clean energy policies, industrial use, and investment in renewable methanol production. 4. What are RMFC's main challenges? High costs, limited methanol infrastructure, and competition from hydrogen fuel cells are primary hurdles for broader adoption. 5. Why invest in RMFC technology? RMFCs align with decarbonization goals, offer versatile applications, and benefit from growing government support and R&D innovation. For More Information or Query, Visit @ https://www.verifiedmarketreports.com/product/reformed-methanol-fuel-cell-rmfc-market/ Inquiry: Mr. Edwin Fernandez Verified Market Reports USA: +1 650 781 4080 APAC: +61 485 860 968 EMEA: +44 788 886 6344 Website:- https://www.verifiedmarketreports.com/ About us: Verified Market Reports Verified Market Reports is a leading global research and consulting firm with over 10 years of experience providing advanced analytical research solutions, tailored consulting and in-depth data analysis to individuals and companies seeking accurate, reliable and timely research. Data and technology consulting. It provides insights into strategic and growth analysis, the data you need to achieve business goals, and helps you make key revenue decisions. Our research works as partners to provide our clients with accurate and valuable information to help them make better data-driven decisions, understand market forecasts, capitalize on future opportunities and help optimize efficiency. The industries we cover span a wide range of industries including technology, chemicals, manufacturing, energy, food and beverage, automotive, robotics, packaging, construction, mining and gas. etc. Verified market reports help you understand comprehensive market indicator factors as well as current and future market trends. Our analysts have extensive expertise in data collection and management, using industry methodologies to collect and examine data at every step. They are trained to combine the latest data collection techniques, superior research methodologies, specialized knowledge, and years of collective experience to produce informative and accurate research results. Having served over 5,000 clients, we provide trusted market research services to over 100 global Fortune 500 companies, including Amazon, Dell, IBM, Shell, Exxon Mobil, General Electric, Siemens, Microsoft, Sony and Hitachi. We provided it. We work with some of the world's leading consulting firms, including McKinsey & Company, Boston Consulting Group and Bain & Company, delivering customized research and consulting projects for companies around the world. This release was published on openPR.Same old story for 76ers as Embiid, George remain out vs. RocketsGovernor of the Eastern Caribbean Central Bank (ECCB) Timothy N J Antoine said he is pleased with the successes the bank has achieved over the past year and the impact of its work on the people of the Eastern Caribbean Currency Union (ECCU). Speaking at the ECCB’s 2024 Staff Gala and Awards held at the Marriott Resort in St Christopher (St Kitts) and Nevis on 7 December, Governor Antoine highlighted 3 areas of which he is particularly pleased: “As of 1 December, we have given certain guidance to our banks to make it easier for people to open bank accounts. That’s something we have worked on in the past year and I’m very pleased that we can bring some direct impact to the public in regard to the ease of opening bank accounts,” Governor Antoine said. “I am also pleased that this year we saw the rollout of the credit bureau, a long dream and ambition of our currency union. It was launched in Antigua and Barbuda and in the next few months, the legislation will be passed in all 8 member countries” the Governor added. The Governor also highlighted the achievements of the Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC), noting that the corporation has issued in excess of 130 loans valued at over $15 million. “This is a programme that we launched during the pandemic to help small businesses access credit, it has been a little slow but it is now taking off,” Governor Antoine said. He pointed out that in order to achieve the ambitious “Big Push” small businesses across the ECCU must grow and take off. Governor Antoine said that in the next few months, the ECCB will continue to push its wealth creation agenda as it seeks to get the people across the ECCU to move from being savers to investors. The Governor also recalled with fondness and excitement, the ECCB’s success of capturing the 2 nd place trophy at the 13 th Intra-Regional Central Bank Games held in the Bahamas in April. ECCB
Ifedi starts at left tackle for Browns in prime-time matchup against AFC North-leading SteelersThe ninth Islamic Finance Forum South Asia (IFFSA) concluded this week in Colombo, with delegates and speakers from across the region, namely Pakistan, Malaysia, Maldives, Bangladesh, and South Africa. Featuring CEOs of banks, international scholars, insurance companies, and technology firms, the forum aims to strengthen the role of Islamic finance as a catalyst for economic and social progress in South Asia through dialogue on emerging challenges and highlighting new trends, like digital transformation in Islamic banking. Addressing the forum on the promising developments in Islamic finance across South Asia today, Malaysia INCEIF Associate Dean for Students and Internationalisation Prof. Dr. Aishath Muneeza said: “Sri Lanka is preparing to issue its first corporate Sukuk, a landmark move that signals the country’s openness to Islamic capital markets. In addition, Pakistan recently amended its Constitution, mandating the transition to a Riba-free economy by January 2028, which is a significant milestone for the nation.” She emphasised that these developments demonstrate that, despite limitations, there is significant progress made in Islamic finance that can be enhanced by taking advantage of opportunities like the IFFSA that utilise networking and discourse between different countries and financial institutions to achieve greater success. Outlining the strategies she believed could achieve this success, Prof. Muneeza mentioned the need for regional integration and financial inclusion. Establishing cross-border regulatory and market collaborations to share best practices will push for a unified vision of Islamic finance in South Asia, while expanding Shariah-compliant microfinance schemes will empower low-income communities and small businesses. She also called for leveraging fintech and artificial intelligence to enhance efficiency, lower costs, and therefore improve access to Islamic financial services, particularly in rural areas. Speaking about the global developments in the broader Islamic economy, South Africa Centre for Islamic Economics and Finance Founder and Director Ash-Sheikh Shafique Jakhura said: “Among the UN sustainable goals is the important goal of alleviation of poverty, through equal distribution of wealth. Trying to achieve that in an economy that is based on the principles of interest is like an oxymoron. This cannot be achieved unless fundamental changes in economic systems are made globally. Therefore, we must lead a new economic system founded on the eradication of interest.” He praised Pakistan’s efforts at supporting Islamic finance through its constitutional amendment while acknowledging that significant progress is yet to be made. Jakhura highlighted that the Islamic economy is not solely limited to banks and other financial institutions but must permeate every economic system. “Really, a lot of work needs to be done as far as promoting the Islamic economy is concerned. It goes to halal food and even halal tourism. Businesses have to change their mind and start operating across the spectrum if we want to make a difference to humanity at large, because success is not measured by the amount we have amassed for ourselves, rather, success is measured by the impact we have had on the lives of others. Ways in which this can be achieved is via capacity building and adhering to the highest standards of Shariah compliance of governance. Lobbying governments to introduce governance standards for Islamic financial institutions and establishing think tanks to formulate resolutions to improving Islamic financial services will ensure public trust and the eventual expansion of Islamic finance further in the region,” he opined. Chief Guest Maldives Former Finance Minister Mohamed Shafeeq elaborated on his tenure at the Housing Development Finance Corporation (HDFC) of the Maldives, during which remarkable breakthroughs, such as the setup of the Islamic finance window and the issuance of the first listed Sukuk in the Maldives, were accomplished. Shafeeq expressed his gratitude to being able to contribute to the Maldives Islamic Financial Developmental Roadmap as Cabinet Minister of the current Government, signifying Maldives’s path to becoming an international Islamic finance hub. Its recognition for sustainable promotion of Islamic Financial practices at the 2024 Global Islamic Finance Leadership Awards is a testament to the rapid expansion of the Islamic Finance industry over the last decade. Speaking about this growing demand for Islamic financial products in the Maldives, Shafeeq claimed: “The HDFC’s portfolio is now 35% Islamic finance, while 65% remains conventional. More than 50% of applications received by the HDFC are now for Islamic finance products. The Non-Performing Assets (NPA) for Islamic finance are impressively low, at less than 2%. These numbers speak volumes about the trust, acceptance, and confidence that the public places in Islamic financial services.” He acknowledged that the Maldives, like many other countries, faces significant challenges in financing its development needs while managing a growing debt burden. Innovative Islamic finance products, particularly Sukuks, can offer viable alternatives to conventional borrowing and address debt sustainability through mechanisms that align with Shariah principles. The use of an array of Islamic finance products, in addition to Sukuks, is crucial to promoting responsible borrowing and enhancing socially beneficial projects, he stressed. One such example is the issuance of green Sukuks in Maldives, which are specifically designed to fund environmentally sustainable projects that align with the Maldives’ priorities as a nation vulnerable to climate change. Women Leadership Forum Founder Dr. Irum Saba reiterated this necessity for a variety of Islamic financial products in addition to the Sukuk, encouraging savings and breaking the cycle of debt that customers endure. She also described the scepticism surrounding Islamic financial practices due to lack of public awareness, hindering many from seeking such services. Nevertheless, she believes that the Sri Lankan consensus to have the Sukuk launched in the country and similar finance forums in the western world signify its inbuilt value that is steadily being understood and accepted. “Islamic finance assets are $ 4.9 trillion in the world. Over 53 nations have regulated Islamic banking and finance. In the present, 23 countries have their centralised Shariah committees or Shariah board. If you consider the number of Islamic financial institutions, even that is increasing with every passing day. So far, Islamic finance has expanded by 11% in the world, showing that there is an overall upward trend in its growth.” The first session of the seminar was themed “Country Round up: A Period of Severe Headwinds”. It featured Maldives MCDGI Founder Fathimath Shafeega, Sri Lanka Amana Bank CEO Mohammed Azmeer, Maldives Amana Takaful Deputy Senior Manager – Treasury Risk and Compliance Fazeel Naeem, and Dr. Irum Saba. Prof. Muneeza chaired this discussion. Dr. Saba elaborated on developments in the IBF industry of Pakistan due to the landmark constitutional amendment, increasing the demand for education and training on Islamic banking. Seven sub committees approved by the State Bank of Pakistan and Finance Minister are in place to ensure a smooth transition to the Islamic system of 2028. In the case of Maldives, however, Shafeega described that limitations prevail due to the lack of sectorial diversification within the economy. The Maldives is primarily a tourist destination, and a resort is often worth $ 30-40 million, which is excessive to be funded through an Islamic bank, she stressed. However, there has been considerable improvement in the present with 800 guest houses financed by Islamic institutions. Although she acknowledges that there may be significant challenges associated with transforming into a finance hub due to its abundance of scattered islands, she asserts that Islamic finance cannot be niche, especially with a Muslim majority in the region. Speaking about the path to recovery in the banking sector of Sri Lanka, Azmeer highlighted that Amana Bank experienced a fast-paced financial recovery with its best performance recorded in 2023 as they managed to double their dividends. Describing his outlook for 2025, Azmeer hopes for greater collaboration, a range of financial products that are Shariah compliant, and knowledge sharing that distinguishes Islamic banking from the conventional banking system. The second session focused on “Collaboration, Cooperation, and Cultivation”, moderated by Sri Lanka KPMG Tax Regulatory and Tax Principal Rifka Ziyard. It featured Prof. Muneeza as one of the panellists, emphasising the need for improved quality as a means of strengthening Islamic finance’s role on the global stage. She argued that demand was never an obstacle to expansion, as there is a vast Muslim population across the world. LOLC Finance DGM – Alternate Financial Services Shiraz Refei spoke of the array of opportunities Islamic finance would offer to the world, including experience with many countries making headway in Islamic finance. Ethical investments will also be facilitated on a global scale, as Islamic banking systems favour projects that foster community development and economic growth. The final session moderated by Innovation Quotient CEO Mafaz Ishaq examined the impact of technology on the banking sector in particular. BPC Global Solutions Director – Digital Platforms Imran Vilcassim said that while customer experience and personalisation have faltered due to AI, technological innovations such as these have proven highly effective in fraud management. Nevertheless, Creative Junc. Founder and CEO Shaaf Sourjah believes in the consistent availability of both online and in-person services to target customers of all age groups. He said that software like ChatGPT can be utilised to challenge one’s perceptions and provide valuable insights when brainstorming digital marketing strategies for banking. “AI will not replace humans, but it can replace humans if they do not adapt,” he said. Lead Event Partner, Sri Lanka Adl Capital Director Shiraz Sideek spoke of Adl’s persistent presence at conferences since its inception. Establishing AdI’s role as the facilitator of this event, he claimed that they had a prominent part to play in the design of the program based on the requirements of the hour. “One key area of focus that we have always tried to rigorously support is the creation of an association of financial institutions within the region. We have one within Sri Lanka, which is working quite actively, but we need more across the region. Looking forward, as part of our extended role, we are also working towards another first, having the 10th IFFSA in two separate locations.” He also praised the climate of collaboration at the IFFSA, stating that: “Without all these members today, there is no IFFSA. Therefore, we hope and pray we get even more support in the 10th year celebrations of the forum.” The 10th IFFSA 2025 will be a milestone event as it marks 50 years since Islamic banking was integrated into the financial mainstream.AP Business SummaryBrief at 3:15 p.m. ESTThe struggling Oklahoma-based electric van startup Canoo appears to have reached the end of the road . According to an internal email obtained by TechCrunch , the startup has placed employees on a " mandatory unpaid break " through the end of the year. The email said that just a few days before Christmas, the company locked employees out of Canoo's systems . As of mid-November, the startup had $700k in cash or cash equivalents as it rounded out a very turbulent year amid an ongoing EV downturn . "It recently closed the Los Angeles office that used to serve as its headquarters. It has lost a lot of executives , including its chief technology officer, chief financial officer, and general counsel," TechCrunch noted. Auto blog Jalopnik provided more color on Canoo's struggles , including how "the company spent twice as much on a private jet for its CEO than it had earned for the entire year of 2023. It burned through capital and now seems unable to wrap up the year." "Canoo was supposed to bring automotive manufacturing back to the state of Oklahoma, and the company received taxpayer-funded, performance-based incentives totaling $100 million spaced out over 10 years to do exactly that," Jalopnik said, adding, "But the way things are going right now, it's questionable whether Canoo will last long enough to bring those promised steady jobs to the Sooner State." A former employee provided Oklahoma news outlet KFOR with deeper insight into the startup, alleging that it has produced nothing... "They have tons of equipment," the former employee said. "It looks great. They have literally everything to run an entire assembly line for cars." Last December, Canoo proudly announced it had built its first three vehicles in the Oklahoma City plant, before selling them to the state. The former employee told News 4 that "made in Oklahoma" announcement gave him a good laugh . "I can tell you, those did not come off our assembly line," the former employee said. "If you talk to any Canoo employee, they'll tell you those do not come off the assembly line." He says Canoo never paid the company that provided the software that the machines use to operate. The former employee also says the company only ran the machines when showing them off to media or investors . "The majority of those folks that were employed there, especially those hourly people, were just standing around twiddling their thumbs ," the former employee said. The company has boasted about partnerships with Walmart, DoD, and the USPS over the years... Shares (GOEV) plunged into the abyss since it SPAC'd in late 2020. What a giant waste of money.