US online sales surge as shoppers splurge on eve of Black Friday

The National Retail Federation is projecting that sales for November and December will rise 3.6 percent to 4 percent this year, versus a 4 percent increase last year. (Reuters)
Updated 24 November 2017
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US online sales surge as shoppers splurge on eve of Black Friday

NEW JERSEY: US shoppers had splurged more than $1.52 billion (SR5.7 billion) online by Thanksgiving evening, and more bargain hunters turned up at stores this year after two weak holiday seasons as retailers opened their doors early on the eve of Black Friday.
At the start of the holiday season consumer spending rose 16.8 percent year-over-year until 5pm ET on Thursday, according to Adobe Analytics, which tracked 80 percent of online transactions at the top 100 US retailers.
Surging online sales and a shift away from store shopping have thinned the crowds typically seen at stores on Thanksgiving evening and the day after, Black Friday, for the past two years. But a strong labor market, rising home prices and stock markets at record highs have improved shopper appetite this year.
Crowds at stores in many locations around the country were reported to be strong, according to analysts and retail consultants monitoring shopper traffic across the US
“The turnout is clearly better than the last couple of years,” said Craig Johnson, president of Customer Growth Partners. “The parking lots are full and the outlet malls are busy.”
The retail consultancy has 20 members studying customer traffic in different parts of the country.
Moody’s retail analyst Charlie O’ Shea, who was in Bucks County, Pennsylvania, reported healthy traffic at local stores including consumer electronics chain Best Buy, clothing store Old Navy and retailer Kohl’s Corp.
“The weather is cooperating and people here are out,” he said.
The National Retail Federation is projecting that sales for November and December will rise 3.6 percent to 4 percent this year, versus a 4 percent increase last year. Non-store sales, which include online sales and those from kiosks, are expected to rise 11 percent-15 percent to about $140 billion.
In New Jersey, around 50 people lined up a Macy’s at the Westfield Garden State Plaza mall before it opened and around 200 people stood outside the Best Buy store, many to pick up their online orders.
“Me and my husband have a bigger place and we need a bigger TV for the living room,” said Jenipher Gomes, who bought a 50-inch Samsung TV at Best Buy for $399.99. Shopper Hammad Farooq said he waited at the store for an hour to shop for laptops and monitors.
In Chicago, shoppers appeared to be slightly less enthusiastic to emerge from their turkey slumber and crowds were thin along the city’s popular shopping destination, State Street.
“There’s a few more people than normal but I wouldn’t call this crowded at all,” Deloitte auditor Eugenia Liew said as she shopped at discount retailer Target. “I expected a lot more people.”
The holiday season spanning November and December is crucial for retailers because it can account for as much as 40 percent of annual sales. Retailers try to attract shoppers with deep discounts.
Average discounts ranged between 10 and 16 percent with the best deals online on Thanksgiving evening available for computers, sporting goods, apparel and video games, according to date from Adobe.
The number of customers shopping on their smartphones surged, accounting for 46 percent of the traffic on retail websites, while traffic from desktop and laptop computers declined 11 percent and nearly 6 percent respectively, according to the data.


Pakistan to announce T20 squad for England, Ireland series today as World Cup looms

Updated 11 min 1 sec ago
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Pakistan to announce T20 squad for England, Ireland series today as World Cup looms

  • Pakistan will face Ireland in three T20Is from May 10-14, England in four T20Is from May 22-30
  • Pakistan will use both series to prepare for ICC Men’s T20 World Cup 2024 slated for June 2024

ISLAMABAD: The Pakistan Cricket Board (PCB) said it would announce the national T20 squad for Pakistan’s upcoming away series against Ireland and England today, Thursday, with exactly a month to go before the T20 World Cup kicks off in June.
Pakistan will play three T20Is against Ireland in Dublin from May 12-14 before they take on 2022 World Champions England from May 22-30 in a four-match series.
The series will be an important one for Pakistan and England as both prepare for the T20 World Cup scheduled to kick off from June 2 in the US and West Indies. Pakistan’s matches against England will be played at Leeds, Birmingham, Cardiff and The Oval.
“The Pakistan Cricket Board will hold a media conference at the Qaddafi Stadium in Lahore on Thursday to announce Pakistan men’s cricket team for the tours of Ireland and England,” the PCB said in a press release.
The announcement will be made by the Men’s National Selection Committee at 11:15 a.m., the board said. 
Skipper Babar Azam’s side last week won their fifth T20 match against New Zealand in Lahore by nine runs to draw the series 2-2. 
Pakistan will begin their campaign for the T20 World Cup against the United States on June 6 before facing India in New York for a high-voltage clash. 
Schedule for Ireland, England series:
10 May – v Ireland, 1st T20I, Dublin
12 May – v Ireland, 2nd T20, Dublin
14 May – v Ireland, 3rd T20I, Dublin
22 May – v England, 1st T20I, Leeds
25 May – v England, 2nd T20I, Birmingham
28 May – v England 3rd T20I, Cardiff
30 May – v England, 4th T20I, The Oval


Extreme heat shuts schools for millions, widening learning gaps worldwide

Updated 32 min 4 sec ago
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Extreme heat shuts schools for millions, widening learning gaps worldwide

  • Bangladesh, Philippines, India announce school closures
  • High temperatures slow down the brain’s cognitive functions, lowering pupils’ ability to retain and process information: study

Hena Khan, a grade nine student in Dhaka, has struggled to focus on her studies this week as temperatures surpassed 43 degrees Celsius (109 degrees Fahrenheit) in the Bangladesh capital.

“There is no real education in schools in this punishing heat,” she said. “Teachers can’t teach, students can’t concentrate. Rather, our lives are at risk.”

Khan is one of more than 40 million students who have been shut out of classrooms in recent weeks as heatwaves have forced school closures in parts of Asia and North Africa. As the climate warms due to the burning of fossil fuels, heatwaves are lasting longer and reaching greater peaks.
In turn, government authorities and public health experts across the world are increasingly grappling with whether to keep students learning in hot classrooms, or encourage them to stay home and keep cool.
Either decision has consequences. About 17 percent of the world’s school-aged children are already out of school, according to United Nations data, but the proportion is much larger in developing countries with nearly a third of sub-Saharan Africa’s children out of school compared to just 3 percent in North America.
Child test scores in the developing world also lag developed countries.

Heat could exacerbate inequalities, widening learning gaps between developing nations in the tropics and developed countries, experts told Reuters, and even between rich and poor districts in wealthy countries. But sending children to overheated schools could make them ill.
South Sudan already this year closed its schools to some 2.2 million students in late March when temperatures soared to 45 degrees Celsius (113 Fahrenheit). Thousands of schools in the Philippines and in India followed suit in late April, closing classrooms to more than 10 million students.
On Wednesday, Cambodia ordered all public schools to slash two hours off the school day due to avoid peak heat at midday.
Meanwhile, Bangladesh has wavered between opening and closing schools for some 33 million students amid pressure to prepare pupils for exams — even as temperatures climb to dangerous levels.
Many Bangladeshi schools “don’t have fans, the ventilation is not good, and they might have tin roofing which does not provide good insulation,” said Shumon Sengupta, Bangladesh country director for nonprofit Save the Children.

Hot heads
Even if students continue attending classes during heatwaves, their education is likely to suffer.
High temperatures slow down the brain’s cognitive functions, lowering pupils’ ability to retain and process information. US high schoolers, one 2020 study found, performed worse on standardized tests if they were exposed to higher temperatures in the year leading up to the exam.
The research, published in the American Economic Journal, found that a 0.55C (1F) warmer school year reduced that year’s learning by 1 percent. Much of that impact disappeared in schools that had air conditioning, said study co-author Josh Goodman, an economist at Boston University.
Between 40 percent and 60 percent of US schools are thought to have at least partial air conditioning, according to various surveys. Schools without it are often found in poorer districts which already trail their wealthier counterparts academically.
Goodman and his colleagues found similar learning outcomes tied to heat when they looked at standardized test data in other countries. “When (students in) these places experience a year with more heat, they appear to have learned less,” he said.
Other research suggests excessive heat in the tropics can also impact a child’s education even before birth.
Children in Southeast Asia exposed to higher-than-average temperatures in utero and early in life obtained fewer years of schooling later in life, a 2019 study in the Proceedings of the National Academy of Sciences found.
All of this is worrying, Goodman said, because as the world warms, already hot countries shifting to an extremely hot climate will suffer more than temperate countries.
“Climate change will widen the learning gaps between hot and cool countries,” Goodman said. Some developed countries are trying to address the issue.
In March, the US Agency for International Development (USAID) announced it would build 30 heat-resilient schools in Jordan by 2026 “to address the projected increase in extreme heat days in Jordan,” a USAID spokesperson said.
Providing details not previously reported, USAID said it would invest $8.17 million in the schools, using passive cooling systems and air conditioning to help keep schools operating. The number of days that schools are closed for extreme heat has been ticking up in the US, but few countries track such data.
US schools are now canceling class for an average of six to seven school days each year for heat, compared with about three to four days a decade ago, said Paul Chinowsky, a civil engineer who led a 2021 study on schools and rising temperatures for the firm Resilient Analytics.
In Bangladesh last year, schools were closed for 6-7 days, said Save the Children’s Sengupta. “But this year, they are saying it might be closed for 3 to 4 weeks,” he said, as May is often the hottest month in South Asia.
 

 


Pro-Palestinian banners. Blazing Olympic rings. Workers’ May Day rallies confront turbulent times

Updated 02 May 2024
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Pro-Palestinian banners. Blazing Olympic rings. Workers’ May Day rallies confront turbulent times

ISTANBUL: Workers and activists around the world marked May Day with largely peaceful protests Wednesday over rising prices, low wages and calls for greater labor rights. Pro- Palestinian sentiments were also on display.
Police in Istanbul used tear gas and fired rubber bullets to disperse thousands of people who tried to break through a barricade and reach the main Taksim square in defiance of a ban. Interior Minister Ali Yerlikaya said at least 210 people were detained.
President Recep Tayyip Erdogan’s government has long declared Taksim off-limits for demonstrations on security grounds. In 1977, unidentified gunmen opened fire on a May Day celebration there, causing a stampede and killing 34 people. On Wednesday, a small group of trade union representatives lay a wreath at a monument to victims.
May Day, which falls on May 1, is observed to celebrate workers’ rights. It’s also an opportunity to air economic grievances or political demands. “Tax the rich,” one banner in Germany read. “Don’t touch the eight-hour workday!” another read in Sri Lanka.
In Paris, police fired tear gas as thousands of protesters marched through the French capital, seeking better pay and working conditions. Police said 12 officers were hospitalized after a homemade explosive was set off on the sidelines of the march and at least 45 people were detained after instances of scattered violence
A group of protesters set makeshift Olympic rings on fire to show discontent with the Summer Games that start in less than three months. France’s unions have warned of a strike during the Games if the government does not adequately compensate people forced to work during summer holidays.
Pro-Palestinian groups joined the Paris rally, chanting slogans in support for people in Gaza. There were similar scenes in other parts of the world. In Greece, pro-Palestinian protesters joined May Day rallies, waving a giant Palestinian flag as they marched past the Greek parliament. Others displayed banners in support of pro-Palestinian protesting students in the United States.
“We want to express our solidarity with students in the United States, who are facing great repression of their rights and their just demands,” said Nikos Mavrokefalos at the march. “We want to send a message that workers say no to exploitation, no to poverty, no to high prices,” he added.
Several thousand protesters joined the Athens marches as labor strikes disrupted public transport across Greece. The largest union demands a return to collective bargaining after labor rights were scrapped during the 2010-18 financial crisis.
In the German capital, around 11,600 people marched through the immigrant neighborhoods of Kreuzberg and Neukoelln, waving Palestinian flags and holding banners that read “No weapons for Israel” or “Free Palestine,” German news agency dpa reported.
Throughout Latin America, workers marched to protest austerity measures and demand higher wages. In Argentina, unions galvanized crowds to vent their rage over libertarian President Javier Milei’s economic policies, which they say benefit the wealthy while inflicting pain on the poor and middle class.
“Paying rent is difficult, buying rice is difficult, everything under this guy (Milei) is difficult,” said 40-year-old garbage collector Leandro Rosas, trailing protesters down the street with a broom because this May Day, he said he couldn’t even surrender a shift’s pay.
Meanwhile, Bolivian President Luis Arce joined the workers’ march and decreed a 5.8 percent increase in the national minimum wage, a bid to mobilize support as a worsening economic crisis raises the specter of social unrest. The thousands-strong protests in Santiago, Chile, turned violent in some areas as security forces unleashed water cannons and tear gas on corwds, drenching and dispersing protesters who vandalized shops and government buildings.
In Brazil, President Luiz Inácio Lula da Silva ratified a law that extends income tax exemptions to those earning up to two minimum wages per month, or about $544.
“In our country there will be no tax breaks to favor the richest, but to favor those who work and live off their wages,” Lula told a crowd sweltering in the sun at a soccer stadium in São Paulo.
In Nigeria, where inflation is the highest in 28 years, at over 33 percent, unions demanded bigger salary increases. In South Africa, pro-Palestinian demonstrators joined May Day events and in Kenya, President William Ruto called for an increase in the country’s minimum wage.
In Lebanon, pro-Palestinian marchers mingled with workers demanding an end to a miserable economic crisis. “Politicians do not feel the pain of the worker or the economic conditions,” said one demonstrator, Abed Tabbaa. In Iraq, protesters demanded better wages, the reopening of closed factories and the end to privatization of certain businesses.
Tens of thousands Sri Lankans paraded through the capital as the country struggles through its worst economic crisis, two years after declaring bankruptcy. Discontent has grown over efforts to increase revenue by raising the price of electricity and imposing taxes on professionals and small businesses.
In South Korea’s capital, thousands of protesters shouted pro-labor slogans at a rally that organizers said was meant to step up criticism of what they call anti-labor policies pursued by President Yoon Suk Yeol’s conservative government.
“In the past two years under the Yoon Suk Yeol government, the lives of our laborers have plunged into despair,” Yang Kyung-soo, leader of the Korean Confederation of Trade Unions, said in a speech. Union members criticized Yoon’s recent veto of a bill aimed at limiting companies’ rights to seek compensation for damages caused by union strikes.
In Japan, more than 10,000 people gathered in Tokyo, demanding salary increases to set off price increases.
Indonesian workers demanded protections for migrant workers abroad and a minimum wage raise. They gathered amid a tight police presence, chanting slogans against the new Job Creation Law and loosened outsourcing rules.
In the Philippines, hundreds of workers and left-wing activists marched to demand wage increases and job security amid soaring food and oil prices. Riot police stopped them from getting close to the presidential palace.


Fuellkrug outshines Mbappe to hand Dortmund Champions League advantage over PSG

Updated 02 May 2024
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Fuellkrug outshines Mbappe to hand Dortmund Champions League advantage over PSG

  • Dortmund, who had already lost and drawn against PSG this season in the group stage, can continue to dream of a return to Wembley 11 years after their last Champions League final
  • Dortmund manager Edin Terzic said pre-match PSG were “built to win the Champions League” since the Qatari takeover a decade ago

DORTMUND, Germany: Niclas Fuellkrug gave Borussia Dortmund a 1-0 win over Paris Saint-Germain in their Champions League semifinal first leg on Wednesday as the journeyman striker outshone superstar Kylian Mbappe on the night.

Seeking a return to the final for the first time since 2013, the 1997 winners were dogged and determined, outmuscling their heavily favored opponents in front of more than 80,000 fans.

Fuellkrug, playing in his first Champions League season at the age of 31, collected a lofted pass from center-back Nico Schlotterbeck in the 36th minute and blasted a low shot into the left corner of the net.

PSG, led by Kylian Mbappe, hit the post twice in quick succession early in the second-half but could not break through.

“I think we today showed a classic team performance. Each helped the other to win the game. We needed a bit of luck a couple of times, but we can be very satisfied with our performance,” said long-serving center-back Mats Hummels.

“It was a very satisfying, very grown-up performance from us.”

Dortmund, who had already lost and drawn against PSG this season in the group stage, can continue to dream of a return to Wembley 11 years after their last Champions League final.

Despite the setback, however, PSG will remain confident of overturning the deficit at home next week against a side they thoroughly outclassed at their home venue in September.

“The Parc (PSG’s stadium) and our supporters are giving us hope for the second leg, and we know we can do much better,” PSG captain Marquinhos told Canal.

Dortmund manager Edin Terzic said pre-match PSG were “built to win the Champions League” since the Qatari takeover a decade ago.

Nowhere was the contrast between the two clubs greater than PSG’s global superstar Mbappe, playing in his last season for his hometown club, and journeyman Dortmund striker Fuellkrug, who was playing second-division football this time two years ago.

Spurred on by a passionate home crowd who booed and whistled every Mbappe touch, Dortmund had the best of the opening stages, Jadon Sancho shining down the right flank.

Marcel Sabitzer had Dortmund’s best chance of an opener after 14 minutes, blasting straight at Gianluigi Donnarumma from a tight angle.

The opener came after 36 minutes thanks to some superb old-school forward play from Fuellkrug.

Center-back Schlotterbeck had the ball well in his own half and thought about a safe pass back to the ‘keeper but instead punted it forward, with only Fuellkrug aware of the idea.

The striker controlled the ball with one touch and drilled a low shot past a helpless Donnarumma.

Fresh from wrapping up the Ligue 1 title at the weekend, PSG had few chances despite their attacking riches in the opening half, registering zero shots on target.

The visitors however sprung to life after half-time, Mbappe rattling the inside of one post seconds before former Dortmund wing-back Achraf Hakimi rattled the inside of the other.

PSG should have equalized after 56 minutes, Marquinhos curled a beautiful pass through a crowded Dortmund box but Fabian Ruiz’s diving header went wide.

Another former Dortmund player Ousmane Dembele blasted over right in front of goal with 10 minutes remaining.

The impressive Sancho laid on an excellent pass for Julian Brandt with moments left but Dortmund’s hopes of a second were snuffed out by some desperate PSG defending.

The victory, along with Tuesday’s 2-2 draw between Bayern Munich and Real Madrid in the other semifinal, guarantees Germany rather than England or France an extra Champions League place for next season.

That has already secured Dortmund’s place in the competition next season.


Biden blames China, Japan and India’s economic woes on ‘xenophobia’

Updated 02 May 2024
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Biden blames China, Japan and India’s economic woes on ‘xenophobia’

  • Concern about irregular migration has become a top issue for many US voters ahead of November’s presidential election

WASHINGTON: President Joe Biden said on Wednesday that “xenophobia” from China to Japan and India is hobbling their growth, as he argued that migration has been good for the US economy.
“One of the reasons why our economy’s growing is because of you and many others. Why? Because we welcome immigrants,” Biden said at a Washington fundraising event for his 2024 re-election campaign and marking the start of Asian American, Native Hawaiian and Pacific Islander Heritage Month.
“Why is China stalling so badly economically, why is Japan having trouble, why is Russia, why is India, because they’re xenophobic. They don’t want immigrants. Immigrants are what makes us strong.”
The International Monetary Fund forecast last month that each country would see its growth decelerate in 2024 from the year prior, ranging from 0.9 percent in highly developed Japan to 6.8 percent in emerging India.
They forecast that the United States would grow at 2.7 percent, slightly brisker than its 2.5 percent rate last year. Many economists attribute better-than-expected performance partly to a migrants expanding the country’s labor force.
Concern about irregular migration has become a top issue for many US voters ahead of November’s presidential election.
Biden, who has condemned the rhetoric of his Republican opponent Donald Trump as anti-immigrant, has worked to court broad economic and political relations with countries including Japan and India to counter China and Russia globally.