AGP Executive Report
Last update: 4 hours agoRetail & Spending: U.S. retail sales rose 4% year over year in September, but Circana expects holiday spending to average $779 per person, down from $796 last year, as shoppers stay selective. Product Prices: A New York Fed analysis estimates tariffs pushed consumer-goods prices 2.9 percentage points higher by February, with effects expected to linger. Brand Watch: PepsiCo’s North American soda volumes fell 2% in the third quarter as strained consumers pulled back. Product Changes: Some supermarket coffee brands have dropped “100% arabica” claims as bean costs soar; shoppers may see old and new labels side by side during the transition. Online Safety: ASOS says hackers accessed some customers’ names and contact details; payment card data and passwords were not affected. What’s Next: Apple will hold an Oct. 13 event expected to showcase smart-home products, including a rumored home hub. Pet Food: An analysis found contaminants in nearly all 100 cat foods tested, but did not establish whether detected levels pose health risks.
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.