03:36 PM EDT, 08/05/2025 (MT Newswires) -- Consumer stocks were mixed late Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) easing 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.3%.

Redbook US same-store sales rose by 6.5% from a year earlier in the week ended Aug. 2 after a 4.9% year-over-year increase in the previous week. Redbook noted sales accelerated as customers took benefit of annual tax holidays and promotional sales both online and in stores. However, some retailers were affected by a nationwide boycott, which will continue entire month, organized by People's Union USA.

In corporate news, TripAdvisor ( TRIP ) investor Palliser Capital is urging the company to explore options, concerned that TripAdvisor's ( TRIP ) legacy business is weighing on its performance and eroding shareholder value, Bloomberg reported, citing a letter sent to the company's board. TripAdvisor ( TRIP ) shares were down 0.8%.