AGP Executive Report
Last update: an hour agoRetail & Consumer Spending: U.S. retail sales rose 0.2% in June, the smallest gain in five months, as lower gas prices weighed on service-station receipts while motor-vehicle purchases and online spending picked up. Consumer Protections: New York’s “click to cancel” rule aims to make subscriptions as easy to end as to start, with broader adoption expected. Small Business Pulse: The U.S. Chamber’s Small Business Index held steady (66.5 in Q2); 69% say their businesses are in good health, but 57% flag inflation as the top worry. Retail Workforce: Verizon plans to cut about 3,000 retail jobs and shift 274 corporate stores to independent operators, citing AI-driven customer service changes. Food & Retail Trends: School nutrition exhibitors highlighted “sweet heat” flavors and more protein-forward offerings. Local Retail Expansion: World Class Sewer & Drain opened a second Long Island location in East Northport to speed service coverage. Business Growth & Product Moves: Niterra promoted Jeff Desveaux to lead global new product lines; Registix named Neal Shelton to expand home and hardlines partnerships.
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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