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Global Molybdenum Market Insights 2024: Key Trends, Market Size, and Growth Forecast

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.

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DC Surge Protection Devices: Safeguarding Electrical SystemsUSA Today on Wednesday published its annual analysis of college football assistant coaching salaries, and the Gophers in 2024 ranked 15th among the 15 Big Ten teams who are required to report with a total of $4.599 million for 10 assistants. Ohio State led the nation and the Big Ten in 2024 with an assistant coaching pool of $11.425 million, followed by Georgia, Clemson and Alabama. Others in the Big Ten included Michigan ($9.384M), Oregon ($8.225M) and Iowa ($7.9M). Penn State, Northwestern and USC of the Big Ten are not required to reveal salaries. One of the Gophers assistants, defensive coordinator Corey Hetherman, will receive a substantial pay bump. Hetherman on Saturday agreed to a new contract that will keep him with the team through the 2026 season . On Wednesday, documents provided by the athletic department show that Hetherman could earn up to $1.19 million per season if he stays with Minnesota through the life of the contract. Hetherman, the former Rutgers linebacker coach, just finished his first regular season with the Gophers and helped the team rank fifth in the Big Ten in total defense (290.9 yards allowed per game) and sixth in scoring defense (17.5 points allowed per game) while leading the conference with 16 interceptions. His 2024 base and supplemental pay was $850,000, and he’ll receive a $140,000 raise to $1 million for 2025 and ‘26. In addition, he’ll make an additional $200,000 in a retention bonus each year should he stay with the team, moving his compensation to $1.19 million annually. Hetherman’s contract is pending Board of Regents approval, possibly it its meeting on Thursday and Friday. Gophers coach P.J. Fleck credited Hetherman and the administration for making the deal. “Corey Hetherman is a great man, and he loves the University of Minnesota,” Fleck said. “He loves the players he gets to coach. He loves his staff. That was very evident in the process.” Smith, Brown staying with U Gophers defensive end Anthony Smith and safety Kerry Brown both announced via Dinkytown Athletes posts on the X platform that they’re returning to Minnesota for the 2025 season. Smith, who’ll have two years of eligibility remaining next season, led the Gophers with five sacks and 9.5 tackles for loss in 2024 . Brown, who’ll have three years of eligibility left in 2025, tied for second on the team with 59 tackles, intercepted two passes and had three pass breakups.Chad Chronister, Donald Trump’s pick to run the DEA, withdraws name from consideration

Rep. Mikie Sherrill Has Double-Digit Lead In New Jersey Gov Primary, Per Internal PollWork and pensions minister Sir Stephen Timms said the move aims to drive “real improvements” for disabled people, whom the ministers will be encouraged to engage with on a regular basis. He told the Commons: “I am very pleased to be able to announce today the appointment of new lead ministers for disability in each Government department, they will represent the interests of disabled people, champion disability inclusion and accessibility within their departments. “I’m going to chair regular meetings with them and will encourage them to engage directly with disabled people and their representative organisations, as they take forward their departmental priorities. “And I look forward to this new group of lead ministers for disability together driving real improvements across Government for disabled people.” This came during an adjournment debate on International Day of Persons with Disabilities, where Liberal Democrat MP Steve Darling raised concerns about “floating bus stops”, which have a cycle lane between the stop and the pavement. Intervening, the MP for Torbay, who is registered blind, said: “The Government needs to ban floating bus stops.” Sir Stephen said: “I do think this issue about floating bus stops is an important issue which we need to work across Government to reflect on.” Labour MP Debbie Abrahams, who led the debate, had earlier criticised the lack of accessibility for disabled people on trains. The Oldham East and Saddleworth MP said: “Our train network does not have level access, and we heard Dame Tanni Grey-Thompson from the other place make this plea back in the summer, absolutely outrageous what she was put through. “But I was absolutely shocked to find, when I had a presentation of the TransPennine route upgrade, that the rolling stock yet to be commissioned is not going to provide that level access. “It’s absolute nonsense, it’s not even in the design of that procurement, so we must do better than this.”