The FDA is seeking public comment on a topic that may be pertinent to pet owners and the growing legal weed industry: Should animals use cannabis products? The regulatory agency is asking the public, particularly veterinarians, for information on usage trends, standards, and benefits and risks of pets using cannabis-derived products. So if you’ve got any knowledge on the topic, feel free to submit a comment before the deadline on Wednesday.
Here’s what else is going on in retail this week:
In data: Monthly retail sales data for March is coming out on Wednesday. The same measure was up 0.2% month over month in February and 3.1% from the year before. That report came in lower than expected, though nonstore (online) spending continued to be a bright spot. It also came in before Trump’s trade restrictions fully took effect, so this time around, there could be more scrutiny into whether consumers are already starting to pull back in response to economic fears related to tariffs.
In earnings: Prologis, the biggest warehouse developer and operator in the US, is reporting its first quarter results on Wednesday. The company has an up-close-and- personal relationship with retailers, and in the past has provided insights into what’s going on in their supply chains. On that note: Retail Brew recently spoke with the head of Prologis’s venture capital arm about some of the tech solutions it’s providing to retailers that are looking to gain more visibility into their supply chains.
In conferences: The retail fashion industry is gathering in Nashville this week for MAGIC, a curated showcase of products in young contemporary apparel, women’s sportswear, footwear, and accessories. The two-day conference brings together a mix of boutique and big box, as well as online and regional players.
Retail news that keeps industry pros in the know
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