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retail industry groups
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- 1
Retail industry trade groups are pressing the US Federal Trade Commission to reconsider its guidance on personalized pricing, the practice of charging different customers different prices based on their data. The retailers argue the current approach creates legal uncertainty and could restrict common pricing practices. The push puts industry and regulators at odds over how consumer data should be used in setting prices.
- 2Watches of Switzerland Group Unveils First Joint Retail Concept▼Watches Of Switzerland Group Presents Its First Joint Retail Concept
Watches of Switzerland Group has presented its first joint retail concept, a move covered by Forbes. The initiative marks the luxury watch retailer's first combined store format, signaling a shift in how the group presents its watch brands and retail experience. Details on partner brands and locations remain limited in early coverage.
- 3Tobacco retail group upbeat despite tightening regulation▼NATO executive director sees bright future for tobacco retail despite regulatory challenges
The executive director of the National Association of Tobacco Outlets says the future of tobacco retail remains bright even as regulators tighten rules on the industry. Speaking to trade press, she argued that convenience and specialty retailers can still thrive by adapting to new restrictions, age-verification requirements and shifting consumer habits, and that independent stores will continue to play a key role in the market.