Simeon Siegel, senior analyst and managing director at BMO Capital Markets, joins Yahoo Finance Live to discuss why retailers are struggling amid high inflation and weighs in on Under Armour's CEO resigning.
BJ's Wholesale Club's (BJ) first-quarter results reflect growth in digitally-enabled sales. The metric surges 26% during the quarter.
Kroger (NYSE: KR) shareholders underperformed the market this week, with the stock falling 10% through trading on Thursday compared to a 3% drop in the S&P 500, according to data provided by S&P Global Market Intelligence. The decline wasn't due to anything Kroger said about its business, but instead came from discouraging news from a few of its retailing competitors. Walmart and Target each reported earnings this week, and those announcements together painted a mixed picture about consumer spending.