AGP Executive Report
Last update: 10 hours agoConsumer Rights & Returns: Philippine senator Raffy Tulfo blasted the DTI over a “No Return, No Exchange” complaint process that can drag on up to seven months, with mediation taking about a month and adjudication up to six. Retail & Consumer Confidence: UK fashion retailer Crew Clothing warned profit stalled and it’s bracing for weaker spending as inflation fears tighten budgets; online is outperforming stores. Retail Sales Pulse: The US NRF/CNBC Retail Monitor reported 11 straight months of sales growth in August, with modest month-over-month gains and stronger year-over-year results. Food & Grocery Trends: Research on grocery health trends points to protein and gut health as the most durable shifts, while shoppers are skeptical of “high protein” claims. Scams Targeting Shoppers: Georgia AG highlighted a surge in consumer losses to scams and warned that “imposter” fraud increasingly starts on social media and via fake trusted brands. Product Safety/Labeling: A federal judge blocked New Mexico’s PFAS “forever chemicals” labeling rule, citing First Amendment concerns. Retail Media Tech: Teads and Koddi announced a partnership to standardize onsite retail media buying via an open OpenRTB approach. Fuel Access: India’s Reliance BP and Nayara reportedly capped fuel purchases to manage demand amid higher global prices.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.