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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.
Microsoft Azure customers worldwide now gain access to Impartner's Partner Relationship Management (PRM) platform to take advantage of the scalability, reliability, and agility of Azure to drive partner program growth and enhance business strategies. SALT LAKE CITY , Dec. 26, 2024 /PRNewswire/ -- Impartner , a leading provider of partner management and partner marketing automation solutions, today announced the availability of its Partnership Relationship Management (PRM) platform in Microsoft Azure Marketplace , an online store providing applications and services for use on Azure. Impartner customers can now take advantage of the productive and trusted Azure cloud platform, with streamlined deployment and management. Impartner PRM enables businesses to effectively manage and scale their partner ecosystems. By integrating seamlessly with Microsoft Dynamics 365 and Azure, the platform offers real-time data synchronization, scalable cloud infrastructure, and enterprise-grade security. Impartner's PRM leverages Dynamics 365 to provide bi-directional data synchronization, streamlining partner management and optimizing the sales pipeline. Customers benefit from improved partner engagement, increased scalability through Azure, and secure compliance with global standards. Impartner's PRM includes AI-powered tools, such as an AI-driven chatbot, that enhance resource accessibility and partner engagement with 24/7 support. By integrating with Dynamics 365 and Azure, Impartner ensures customers can scale their operations and benefit from a cloud infrastructure that supports growth, efficiency, and innovation. "We're excited to make Impartner's PRM available in the Microsoft Azure Marketplace, enabling businesses to manage and grow their partner ecosystems more effectively," said Ryan Knapp , Global Head of Partnerships at Impartner. "By combining our advanced platform with Microsoft cloud infrastructure, we're helping companies streamline operations, strengthen partnerships, and drive growth. This integration opens up new possibilities for businesses to scale efficiently and innovate with confidence." "Microsoft welcomes Impartner to Azure Marketplace, where global customers can find, try, and buy from among thousands of partner solutions," said Jake Zborowski , General Manager, Microsoft Azure Platform at Microsoft Corp. "Azure Marketplace and trusted partners like Impartner help customers do more with less by increasing efficiency, buying confidently, and spending smarter." The Azure Marketplace is an online market for buying and selling cloud solutions certified to run on Azure. The Azure Marketplace helps connect companies seeking innovative, cloud-based solutions with partners who have developed solutions that are ready to use. About Impartner Impartner is the fastest-growing, most awarded provider of channel management technologies, including its flagship Partner Relationship Management (PRM) and Partner Marketing Automation solutions. These tools empower organizations worldwide to effectively manage partner relationships, drive demand through partners, and accelerate revenue via indirect sales channels. For more information, visit impartner.com . For more information, press only: Lola Phonpadith Impartner Lola.phonpadith@impartner.com View original content to download multimedia: https://www.prnewswire.com/news-releases/impartner-partner-relationship-management-platform-now-available-in-the-microsoft-azure-marketplace-302339325.html SOURCE Impartner
Drop in Boxing Day footfall ‘signals return to declining pre-pandemic levels’
African countries recently marked the 47th African Telecommunications/ICT Day, gathering policymakers and regulators from across the continent to address the growing importance of ... If you are an active subscriber and the article is not showing, please log out and back in. Free access to articles from 12:00.
Ford to give $1 million for Trump inauguration
In a nutshell: SK Hynix just leapfrogged rival Samsung. The world's second-largest memory chipmaker has become the first company to mass-produce triple-level cell NAND with 321 layers. The advancement should lead to higher capacity memory at an affordable price point. SK Hynix recently released its new 1-terabit 4D NAND chips, setting a new record. The company is on a streak as it was also the first to launch its 238-layer NAND less than a year ago. Like the previous launch, the 321-layer breakthrough is significant because it could notably boost storage density for consumer and enterprise SSDs. The densely packed chips could lead to more affordable SSDs with capacities reaching over 100TB. This breed of NAND will prove especially useful for AI data centers, though other performance-hungry applications craving energy-efficient storage should also benefit. SK Hynix used ingenious process optimizations to cram over 300 layers into a single piece of NAND. The company's new "Three Plugs" technology simultaneously connects three memory layer vertical channels through an optimized electrical linking process. The process is known for excellent manufacturing efficiency and utilizes low-stress materials with automatic alignment correction. However, linking all those layers created stress and alignment issues SK Hynix had to overcome. The company overcame this by developing new low-stress materials and automatic alignment correction to keep everything in order during manufacturing. The new process also boosted production efficiency by 59 percent compared to the previous generation by reusing the same platform as the 238-layer NAND. These efficiency improvements mean better performance and lower costs in the market. The company claims the new 321-layer chips have 12 percent faster data transfers, 13 percent faster reading, and over 10 percent better power efficiency than 238-layer NAND. SK Hynix plans to ship these new storage devices to customers in the first half of 2025. The AI market is the initial target, but ultra-high capacity SSDs for gaming rigs, media editing, and data hoarding should follow shortly after. Samsung isn't taking this news lying down. The tech giant is already working on 400-layer NAND to arrive by 2026. It hopes to have its bonded vertical NAND tech ready by 2030, facilitating even denser chips with over 1,000 layers and SSDs potentially exceeding 200TB. Japan's Kioxia has similar plans .
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In the current session, TotalEnergies Inc. TTE is trading at $54.07, after a 0.35% drop. Over the past month, the stock fell by 6.03% , and in the past year, by 20.89% . With performance like this, long-term shareholders are more likely to start looking into the company's price-to-earnings ratio. Evaluating TotalEnergies P/E in Comparison to Its Peers The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. Compared to the aggregate P/E ratio of the 13.72 in the Oil, Gas & Consumable Fuels industry, TotalEnergies Inc. has a lower P/E ratio of 7.65 . Shareholders might be inclined to think that the stock might perform worse than it's industry peers. It's also possible that the stock is undervalued. In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Beat Marvel Rivals’ Toxicity With The Power Of Silence
AP Trending SummaryBrief at 5:56 p.m. ESTIn an official communication, the district administration announced the formation of a team to expedite the preparation of necessary revenue documents. The team comprises officers and officials from various tehsils, including Naib Tehsildars from Newa and Kakapora, as well as revenue staff such as Girdawars and Patwaris from Trich, Parigam, Patalbagh, Kangan, and Newa. These officials have been directed to report to the office of the Assistant Commissioner (Revenue), Pulwama, to begin their work. The Deputy Commissioner's office has also circulated the directive to the Tehsildars of Pulwama, Pampore, Kakapora, and Rajpora for their information and further action. Seizing 5000 Kanals Unacceptable: PDP Peoples Democratic Party leaders on Thursday opposed the government move to transfer nearly 5000 kanal of land for setting up the National Institute of Technology (NIT) campus in South Kashmir's Pulwama district. PDP leaders Waheed Para and Iltija Mufti termed acquiring thousands of kanals of land for the institution as“unacceptable.” MLA Pulwama Waheed-ur-Rehman Para took to X and wrote :“Pulwama welcomes the establishment of an NIT, but seizing 5000 kanals of land is unacceptable. Without fair compensation and guaranteed jobs for locals, this project will face strong resistance.” Party chief Mehbooba Mufti's daughter, Iltija Mufti, voiced strong objections to the acquisition of 5000 kanals of land for the establishment of a new NIT campus in Pulwama. In a post on X, she wrote,“Grabbing land in Kashmir under the ruse of 'development' in J&K continues unabated. Pray tell what's the need to seize 5000 kanals of prime agricultural land in Pulwama to establish a NIT? If education was such a priority why have a lopsided reservation in the first place?” Follow this link to join our WhatsApp group : Join Now Be Part of Quality Journalism Quality journalism takes a lot of time, money and hard work to produce and despite all the hardships we still do it. Our reporters and editors are working overtime in Kashmir and beyond to cover what you care about, break big stories, and expose injustices that can change lives. Today more people are reading Kashmir Observer than ever, but only a handful are paying while advertising revenues are falling fast. CLICK FOR DETAILS MENAFN26122024000215011059ID1109033282 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
Steady leadership, unmatched wisdom: India’s sports community mourns Dr Singh’s demiseIsrael strikes Houthi rebels in Yemen's capital while the WHO chief says he was meters away JERUSALEM (AP) — A new round of Israeli airstrikes in Yemen have targeted the Houthi rebel-held capital of Sanaa and multiple ports. The World Health Organization’s director-general said the bombardment on Thursday took place just “meters away” as he was about to board a flight in Sanaa. He says a crew member was hurt. The strikes followed several days of Houthi attacks and launches setting off sirens in Israel. Israel's military says it attacked infrastructure used by the Houthis at the international airport in Sanaa, power stations and ports. The Israeli military hasn't responded to questions about the WHO chief's statement. The US says it pushed retraction of a famine warning for north Gaza. Aid groups express concern. WASHINGTON (AP) — U.S. officials say they asked for — and got — the retraction of an independent monitor's warning of imminent famine in north Gaza. The internationally Famine Early Warning System Network issued the warning this week. The new report had warned that starvation deaths in north Gaza could reach famine levels as soon as next month. It cited what it called Israel's “near-total blockade” of food and water. The U.S. ambassador to Israel, Jacob Lew, criticized the finding as inaccurate and irresponsible. The U.S. Agency for International Development, which funds the famine-monitoring group, told the AP it had asked for and gotten the report's retraction. USAID officials tell The Associated Press that it had asked the group for greater review of discrepancies in some of the data. Trump has pressed for voting changes. GOP majorities in Congress will try to make that happen ATLANTA (AP) — Republicans in Congress plan to move quickly in their effort to overhaul the nation’s voting procedures, seeing an opportunity with control of the White House and both chambers of Congress. They want to push through long-sought changes such as voter ID and proof-of-citizenship requirements. They say the measures are needed to restore public confidence in elections. That's after an erosion of trust that Democrats note has been fueled by false claims from Donald Trump and his allies of widespread fraud in the 2020 election. Democrats say they are willing to work with the GOP but want any changes to make it easier, not harder, to vote. Americans are exhausted by political news. TV ratings and a new AP-NORC poll show they're tuning out NEW YORK (AP) — A lot of Americans, after an intense presidential election campaign, are looking for a break in political news. That's evident in cable television news ratings and a poll from The Associated Press-NORC Center for Public Affairs Research. The poll found nearly two-thirds of Americans saying they've found the need recently to cut down on their consumption of political and government news. That's particularly true among Democrats following President-elect Donald Trump's victory, although a significant number of Republicans and independents feel the same way. Cable networks MSNBC and CNN are really seeing a slump. That's also happened in years past for networks that particularly appeal to supporters of one candidate. Aviation experts say Russia's air defense fire likely caused Azerbaijan plane crash as nation mourns Aviation experts say that Russian air defense fire was likely responsible for the Azerbaijani plane crash the day before that killed 38 people and left all 29 survivors injured. Azerbaijan is observing a nationwide day of mourning on Thursday for the victims of the crash. Azerbaijan Airlines’ Embraer 190 was en route from Azerbaijan’s capital of Baku to the Russian city of Grozny in the North Caucasus on Wednesday when it was diverted for reasons yet unclear and crashed while making an attempt to land in Aktau in Kazakhstan. Cellphone footage circulating online appeared to show the aircraft making a steep descent before smashing into the ground in a fireball. India's former prime minister Manmohan Singh, architect of economic reforms, dies aged 92 NEW DELHI (AP) — India’s former Prime Minister Manmohan Singh, widely regarded as the architect of India’s economic reform program and a landmark nuclear deal with the United States, has died. He was 92. The hospital said Singh was admitted to New Delhi’s All India Institute of Medical Sciences late Thursday after his health deteriorated due to “sudden loss of consciousness at home." He was “being treated for age-related medical conditions,” the statement added. A mild-mannered technocrat, Singh became one of India’s longest-serving prime ministers for 10 years and earned a reputation as a man of great personal integrity. But his sterling image was tainted by allegations of corruption against his ministers. Ukraine's military intelligence says North Korean troops are suffering heavy battlefield losses KYIV, Ukraine (AP) — Ukraine's military intelligence says North Korean troops are suffering heavy losses in Russia's Kursk region and face logistical difficulties as a result of Ukrainian attacks. The intelligence agency said Thursday that Ukrainian strikes near Novoivanovka inflicted heavy casualties on North Korean units. Ukraine's president said earlier this week that 3,000 North Korean troops have been killed and wounded in the fighting in the Kursk region. It marked the first significant estimate by Ukraine of North Korean casualties several weeks after Kyiv announced that North Korea had sent 10,000 to 12,000 troops to Russia to help it in the almost 3-year war. How the stock market defied expectations again this year, by the numbers NEW YORK (AP) — What a wonderful year 2024 has been for investors. U.S. stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting interest rates. The benchmark index posted its first back-to-back annual gains of more than 20% since 1998. The year featured many familiar winners, such as Big Tech, which got even bigger as their stock prices kept growing. But it wasn’t just Apple, Nvidia and the like. Bitcoin and gold surged and “Roaring Kitty” reappeared to briefly reignite the meme stock craze. Holiday shoppers increased spending by 3.8% despite higher prices New data shows holiday sales rose this year even as Americans wrestled with still high prices in many grocery necessities and other financial worries. According to Mastercard SpendingPulse, holiday sales from the beginning of November through Christmas Eve climbed 3.8%, a faster pace than the 3.1% increase from a year earlier. The measure tracks all kinds of payments including cash and debit cards. This year, retailers were even more under the gun to get shoppers in to buy early and in bulk since there were five fewer days between Thanksgiving and Christmas. Mastercard SpendingPulse says the last five days of the season accounted for 10% of the spending. Sales of clothing, electronics and Jewelry rose. Why this Mexican American woman played a vital role in the US sacramental peyote trade MIRANDO CITY, Texas (AP) — Amada Cardenas, a Mexican American woman who lived in the tiny border town of Mirando City in South Texas, played an important role in the history of the peyote trade. She and her husband were the first federally licensed peyote dealers who harvested and sold the sacramental plant to followers of the Native American Church in the 1930s. After her husband's death in 1967, Cardenas continued to welcome generations of Native American Church members to her home until her death in 2005, just before her 101st birthday.