AGP Executive Report
Last update: 19 minutes agoRetail & Consumer Spending: Walmart reported its slowest US same-store sales growth in six years, blaming higher fuel costs and a pullback in consumer spending as shoppers make trade-offs. Food & Dining Costs: A new industry study says fast-food restaurants are charging dine-in customers higher prices to subsidize delivery app costs, hitting everyone at the counter too. Eating Habits: Circana’s Eating Patterns in America finds home remains the anchor (86% of food occasions), with protein and convenience driving what Americans buy. Customer Experience Tech: Kotsovolos cut customer call handling time by 30% after deploying Microsoft Dynamics 365 Contact Center, with lower abandon rates and improved satisfaction. Loyalty & Retention: Sirius is pushing AI retention for subscriptions, aiming to act before churn; and Perks Plus VIP pitches lower local customer-acquisition costs via trade advertising. Regulation & Safety: A multistate salmonella outbreak linked to jalapeños from Mexico triggered a recall roundup involving major restaurant chains and grocery brands. Business Growth Moves: Charter’s Cox deal expands Spectrum to 45 states and 70M customers, rolling out Spectrum pricing and packaging starting mid-September. Small Business Pulse: Connecticut’s tax-free week is driving record store traffic after raising the threshold to $300. Consumer Tech/AI: Meta launched a Mac app for Meta AI that can transcribe and read on-screen content for business users.
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.