HomeMarket News Unfavorable Trends in Grocery & Drug Stores and Apparel Stores Unfavorable Trends in...

Unfavorable Trends in Grocery & Drug Stores and Apparel Stores Unfavorable Trends in Grocery & Drug Stores and Apparel Stores

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Competing in Choppy Waters

In today’s trading session, grocery & drug stores are trailing behind, seeing a dip of approximately 1.3%. ARKO shares are grappling, falling by around 4.8%, joined by United Natural Foods with a 4.6% decline.

Struggling Against the Tide

Also facing headwinds in the market are apparel stores, down collectively by about 1%. Lands’ End is leading the descent, witnessing a staggering 6.3% drop, closely followed by Foot Locker, which is down by 3.6%.

Wednesday Sector Laggards: Grocery & Drug Stores, Apparel Stores

VIDEO: Unfavorable Trends in Grocery & Drug Stores and Apparel Stores

The perspectives shared in this piece reflect the author’s opinions and are not necessarily in line with those of Nasdaq, Inc.

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