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Consumer Companies Slightly Decline as Treasury Yields Rise
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Consumer companies experienced a slight decline as Treasury yields rose. Rent the Runway implemented a turnaround plan by cutting corporate jobs, while Albertsons Cos. reported higher third-quarter sales driven by strong digital and pharmaceutical demand.
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How might the rise in Treasury yields impact other sectors of the economy?
How might the success of Albertsons Cos. impact the competition in the retail industry?
What other strategies can consumer companies employ to adapt to the changing market?
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