retail industry groups

The National Retail Federation reports that retail sales increased modestly in August. The figures point to steady but restrained consumer spending across the retail sector. Details on specific categories or drivers were not provided, so analysts are watching whether the modest growth signals resilience or slowing momentum in household demand heading into the autumn season.

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.

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.