Chewy won't receive any proceeds from the sale but has agreed to buy from the BC Partners funds $100 million worth of shares to be canceled upon completion of the deal.
Shares of Walmart Inc. (NYSE: WMT) fell for 10 straight trading sessions, from June 3 to June 17, before finally snapping its streak, and posting a 0.89% gain on Wednesday, June 18.
The lingerie brand is already fighting to fend off a challenge from key shareholder BBRC International, which is blaming the company's board for poor performance.
Victoria’s Secret said it has delayed its Q1 report due to a cyber incident that disabled systems, flagging that related costs may weigh on upcoming earnings.
Trump's threats spark fear of trade war, causing stock market shockwaves. Tech ETFs with high exposure to Apple may see volatility. Investors seek defensive options.
Market volatility and weak Treasury auction suggest slowing consumer spending. Retail ETFs like RTH, ONLN, and IBUY are adapting to this shift in demand.
The U.S. retail sector is facing potential shortages in key consumer product areas as the ongoing trade war with China leads to a decrease in manufacturing orders and freight bookings, pushing the national supply chain towards a critical point.
It was an extraordinary week. Unfortunately, it also represents a market where price action, investor sentiment, and consumer sentiment have deteriorated from bad to worse. However, there's still room for hope.
On March 13th, XRT traded down to a low of 66.07, a price not seen since December 2023. Now, at the end of the first quarter and ahead of April 2nd tariff announcements, the low was 67.39.
