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AGP Executive Report

Last update: 6 hours ago

QSR & Grocery Earnings: Loblaw reported Q2 net earnings of $751M (+5.2%) and revenue of $15.27B (+4.1%), with food sales up 3.3% and drug sales up 6.1%, helped by strength in specialty/chronic prescriptions and beauty/OTC; e-commerce rose 19.3% and the company opened 14 stores, including seven discount formats and its first T&T in California. Luxury Retail Update: Prada’s H1 2026 net income fell 15% to €327M as the luxury sector stayed “disrupted,” though retail net revenues grew 16% and the retail channel delivered 12% growth. Retail Media Tech: Barrows Connected Store promoted Tim Bagwell to CTO, expanding leadership across engineering and product as it pushes AI and in-store retail media innovation. Retail Expansion & Entertainment: The Shoppes at City of Dreams Sri Lanka announced Scope Cinemas will open on Level 10 before end-2026, adding a major entertainment anchor to the integrated retail and lifestyle destination. Consumer Value Strategy: Pets at Home said its retail turnaround plan is gaining traction, with FY27 start showing retail consumer revenue up 4.9% and vet group revenue up 1.9%, while maintaining full-year guidance. Used-Car Retail: Carvana posted record Q2 sales and profit but shares dropped after full-year guidance missed expectations. Digital Enablement for SMBs: RAI and Google teamed up to digitize India’s small and medium retailers across tools like Business Profile, Ads, Shopping, Cloud, and Pay. Brand/Legal Watch: Dior filed to block Sincerely Jules’ trademark registration for cosmetics and fragrances, arguing likely consumer confusion with Dior’s long-running JULES mark. Insurance Move: IRDAI approved Patanjali and DS Group’s ₹4,500 crore acquisition of Magma General Insurance, marking Patanjali’s entry into India’s general insurance market. Retail Ops Disruption: TRICARE authorized temporary prescription refill waivers for four Wisconsin counties due to severe storms, directing beneficiaries to TRICARE retail network pharmacies.

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.

AGP Wire

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Jul. 29, 2026

Centers Dynamic Partners adopts Smart Capital Center AI for retail deal underwriting

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YRC outlines sustainability playbook for retail brands

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ETP Group expands into Thailand at AWS retail event

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The £2.20 Question: How will vape duty reshape the retail category? | Viewpoint Ahsan Bawa

The £2.20 Question: How will vape duty reshape the retail category? | Viewpoint Ahsan Bawa

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High Tide Closes Acquisition of Northern Helm, Adding Four Retail Cannabis Stores in Ontario

High Tide Closes Acquisition of Northern Helm, Adding Four Retail Cannabis Stores in Ontario


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