01:52 PM EST, 11/24/2025 (MT Newswires) -- Consumer stocks were mixed Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.9% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 1.7%.
In corporate news, Kohl's (KSS) named Michael Bender its permanent chief executive as the department-store chain seeks to return to comparable sales growth. Earlier this year, Kohl's appointed Bender as interim CEO after terminating former incumbent Ashley Buchanan over violations of the company's conflict of interest policy. Its shares rose 1.5%.
EW Scripps (SSP) confirmed Monday that it has received an offer from rival media company Sinclair (SBGI) to acquire the shares it does not already own in the company for $7 per share. EW Scripps shares jumped 6.2%, and Sinclair was up 0.6%.
Performance Food Group ( PFGC ) and US Foods ( USFD ) said Monday they have agreed to cease information sharing process and will no longer explore a potential merger. Performance Food ( PFGC ) shares eased 0.2%, and US Foods ( USFD ) jumped 8.6%.