The Haves and Have Nots, FIVE June 4, 2025 Jeff Macke The spread between valuations between classes of retailers has never been higher and shows no signs of contracting. The looming oligarchy in retail. Plus, 5 Below preview: Is this the most Tariff Exposed Company on Earth? You need to have a subscription to access this content in full. Log in or subscribe today to unlock new features and receive Member Benefits. Log in or Subscribe Share Article