09:11 AM EDT, 06/24/2025 (MT Newswires) -- Consumer stocks were rising premarket Tuesday as the Consumer Staples Select Sector SPDR Fund ( XLP ) was up 0.1% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) was 1.2% higher recently.

Amazon.com ( AMZN ) shares were more than 1% higher after the company said it plans to invest 40 billion British pounds ($54.43 billion) in the UK over the next three years.

GAP (GAP), Target ( TGT ) , and Houdini Sportswear have joined textile recycling firm Syre as partners in the company's commercial expansion. GAP and Target ( TGT ) shares were up premarket 1% and 0.6% respectively.

Starbucks ( SBUX ) is not contemplating a full sale of its China operations, media outlets reported, citing the company. Shares of Starbucks ( SBUX ) were up 0.6% pre-bell.