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retail industry trade groups
Trends
- 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.
- 2Trade groups ask USTR to extend pause on China ship fees▼Trade groups urge USTR to extend pause on China-linked ship fees
A coalition of trade groups is calling on the U.S. Trade Representative to extend the current pause on port fees targeting China-linked vessels, warning that the fees would raise shipping costs and disrupt supply chains. The levy, announced as part of a broader response to China's dominance in shipbuilding, has drawn criticism from retailers, exporters and carriers who say the timing would add strain to an already fragile global trade environment.
- 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.