{
  "id": 6923025,
  "title": "The Weekly Closeout: Chewy’s sales jump and a retail exec turns politician",
  "url": "https://urgent.news/2026/09/11/the-weekly-closeout-chewys-sales-jump-and-a-retail-exec-turns-6923025",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-11T11:04:00.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/weekly-closeout-chewy-sales-jump-110400935.html"
  },
  "original_language": "en",
  "account": "Retail Dive reported on a busy week in retail, highlighting notable developments across various industries. Ethan Allen faced a CEO search initiated by activist Doug Bergeron, who owns over 5% of the company's stock and criticized its management. Bergeron proposed replacing the current CEO, Farooq Kathwari, who has been with the company for 38 years. Kathwari defended his tenure and age in a Bloomberg interview, emphasizing his active lifestyle and the challenges of managing market share. Meanwhile, Costco board member Helena Foulkes secured the Democratic primary nomination to become the governor of Rhode Island, though the Republican primary remains uncertain. Foulkes ran on a platform of affordable healthcare, housing, and utility bills, as well as job creation and technical education investments. In the pet industry, Chewy reported a 5.7% increase in net sales, reaching $3.3 billion, with a 9.3% rise in subscription Autoship sales. The company also raised its full-year guidance for net sales growth, now expecting 6.8% to 7.7% growth, reaching $13.46 billion to $13.57 billion. Finally, Walmart Marketplace expanded its offerings to include musical instruments, further diversifying its product range for customers.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Retail Dive",
        "title": "The Weekly Closeout: Chewy’s sales jump and a retail exec turns politician",
        "url": "https://urgent.news/2026/09/11/the-weekly-closeout-chewys-sales-jump-and-a-retail-exec-turns",
        "published": "2026-09-11T15:04:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}