01:45 PM EST, 01/07/2025 (MT Newswires) -- Consumer stocks were decreasing Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) easing 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 1.5%.

Redbook US same-store sales rose 6.8% from a year earlier in the week ended Jan. 4 after a 7.1% year-over-year increase in the previous week.

In sector news, online shopping climbed to a record in the 2024 holiday season, with the majority of US e-commerce transactions taking place on mobile devices and AI powering click throughs to retail websites, Adobe (ADBE) Analytics' data showed Tuesday.

In corporate news, Cintas ( CTAS ) said it offered to acquire UniFirst ( UNF ) for $275 per share in cash, implying a total value of about $5.3 billion for the target.

UniFirst ( UNF ) said its board rejected the unsolicited and "highly conditional" offer. Cintas ( CTAS ) shares rose 2.7%, and UniFirst ( UNF ) jumped 21%.