AGP Executive Report
Last update: 8 hours agoFood Prices Watch: The Philippines’ PSA says early-August rice prices rose to P49.61/kg (regular milled) and cooking oil jumped to P200.04/l, with El Niño-linked risks to the coming palay harvest adding pressure. Retail Earnings & Demand: Australia’s Super Retail Group reported $4.2bn sales (+3.2%) and $774m operating profit (+2.1%), with Rebel Sport still growing as fitness spend holds up despite rates and a Middle East fuel crisis. Big-Box Health Offer: Costco is partnering with SCAN to roll out jointly branded Medicare Advantage and supplemental plans in select states, aiming to make benefits easier for seniors. Retail Real Estate Shake-Up: A $1bn-plus privately held Australian retail portfolio is hitting the market, including Spencer Outlet Centre and Market City, with a September EOI campaign. Security & Theft Policy: West Hollywood approved new self-checkout rules that require staffing standards to curb retail theft. Brand & Product Moves: 7-Eleven expands its private-label beverage push with a new 7-Select Soda line, while MILKLAB launches Lactose Free into Woolworths. Governance Update: Dusk Group lodged an updated corporate governance statement with the ASX, focusing on oversight and accountability.
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