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Retail Industry News 29 January 2026 - 1 February 2026

Bath & Body Works BBWI stock price jumps 5% into weekend — what investors watch next

Bath & Body Works BBWI stock price jumps 5% into weekend — what investors watch next

Bath & Body Works shares jumped 5.16% to $21.80 on Friday, rebounding after a sharp sell-off and outpacing broader U.S. markets, which closed lower. Trading volume reached about 6.09 million shares. A securities class action lawsuit was filed against the company in Ohio. Investors are watching for Friday’s U.S. jobs report and ongoing legal developments.
Costco stock ends at $940: Instacart’s Europe delivery launch and Fed pick set up next week

Costco stock ends at $940: Instacart’s Europe delivery launch and Fed pick set up next week

Costco shares fell 1.3% to $940.25 Friday, with about 2.4 million shares traded. The drop followed news that Donald Trump picked Kevin Warsh to replace Jerome Powell as Fed chair. Costco and Instacart launched same-day delivery websites in France and Spain. The company’s next quarterly dividend of $1.30 will be paid Feb. 13 to shareholders of record as of Jan. 30.
Walmart stock price closes higher as WMT boosts pharmacy pay, with Feb. 19 earnings in focus

Walmart stock price closes higher as WMT boosts pharmacy pay, with Feb. 19 earnings in focus

Walmart shares rose 1.5% to $119.14 Friday, outperforming rivals as U.S. markets fell after President Trump nominated Kevin Warsh as Fed chair and inflation data shook rate forecasts. Walmart promoted 3,000 pharmacy technicians, raising average hourly pay from $22 to $28. The company’s next earnings report is scheduled for Feb. 19.
Costco (COST) stock slips after-hours even as Instacart expands same-day delivery into Europe

Costco (COST) stock slips after-hours even as Instacart expands same-day delivery into Europe

Costco shares fell about 1.3% to $940.25 in late after-hours trading Friday. Instacart and Costco announced the launch of same-day delivery websites in France and Spain. The drop followed a broader market decline after U.S. wholesale inflation rose more than expected in December. Investors await Costco’s January sales update on Feb. 4.
Amazon stock slips after hours as layoffs and store exits sharpen focus on Feb. 5 earnings

Amazon stock slips after hours as layoffs and store exits sharpen focus on Feb. 5 earnings

Amazon shares fell about 1% in after-hours trading Friday, closing at $239.30. The company confirmed 16,000 corporate job cuts this week and announced closures of Amazon Fresh and Amazon Go stores. Investors are awaiting fourth-quarter results on Feb. 5 for updates on AWS demand and spending. AWS also reported network issues Thursday affecting some services in its US-East-1 region.
Bath & Body Works stock jumps 5% as BBWI rebounds despite fresh class-action deadline

Bath & Body Works stock jumps 5% as BBWI rebounds despite fresh class-action deadline

Bath & Body Works shares rose 5.3% to $21.83 Friday, with 3.4 million shares traded amid news of a securities fraud class action. The Schall Law Firm said investors who bought between June 2024 and November 2025 have until March 16 to seek lead plaintiff status. The lawsuit alleges the company misled investors about growth from collaborations and promotions.
Lululemon stock slides again as charm push draws heat ahead of CEO exit

Lululemon stock slides again as charm push draws heat ahead of CEO exit

Lululemon shares fell 4.3% Thursday, extending losses as criticism mounts over its product strategy and an upcoming CEO transition. CEO Calvin McDonald steps down Jan. 31, with two executives named interim co-CEOs. The stock closed at $172.54, trailing rivals like Nike. Board tensions have risen after founder Chip Wilson launched a proxy fight in December.
Tesco share price rises as 380 job-cut plan puts costs back in focus

Tesco share price rises as 380 job-cut plan puts costs back in focus

Tesco shares rose 0.6% to 423.0 pence in early London trading after the company announced plans to cut about 380 UK jobs in a restructuring. The retailer will begin consultations on closing its Hinckley distribution centre and integrating in-store bakeries at 100 Express stores. Union Usdaw said it will start talks on the proposals.
Walmart stock price rises after pharmacy pay boost as investors eye healthcare push (WMT)

Walmart stock price rises after pharmacy pay boost as investors eye healthcare push (WMT)

Walmart shares rose 0.7% to $117.39 by midday Thursday after the company raised pay for 3,000 pharmacy technicians and expanded wage ranges to as much as $40.50 an hour. The move comes as Walmart upgrades pharmacy roles and scales digital health services. The S&P 500-linked SPDR ETF fell 0.6% and Amazon dropped 1.2% in the same session. Walmart operates about 4,600 pharmacies nationwide.
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Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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