AGP Executive Report
Last update: 11 hours agoChina Retail Slowdown: China’s retail sales growth cooled to just +0.4% year-on-year in August, the slowest since May, as weak demand persists even while industrial output rises. Fuel & Pump Pressure: Oil prices stayed above $100 after Middle East supply worries, keeping retail fuel costs elevated; India’s daily petrol/diesel rates were broadly steady across major metros. New Zealand Fuel Retail Deal Watch: Regulators are expected to scrutinize the sale of Mobil NZ’s retail assets, with Allied Petroleum and Waitomo Group seen as likely bidders. Fashion Retail Shake-up: Cue Clothing and sister brand Veronika Maine entered receivership, with a sale process starting as overhead costs outweighed improvements. Food Safety Recall: Danone USA recalled So Delicious Dairy Free Salted Caramel Cluster pints due to possible small stones/foreign materials in cashew inclusions. Omnichannel Retail Tech: Cellboy (200+ stores) picked Anchanto to unify warehouse, stores, and online ordering with real-time visibility. Office Retail Real Estate: San Diego advanced a deal to convert 101 Ash St. into affordable apartments with retail space, moving closer to closing. Cannabis Milestone: Minnesota’s adult-use market hit $250M+ in retail sales in its first year. Payments Policy: India’s UPI MDR changes from Oct 15: a 0.4% merchant charge applies only to select P2M transactions above ₹2,000, with consumers still paying nothing.
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.
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