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Retail News News 9 January 2026 - 4 February 2026

Pizza Hut to Close 250 U.S. Stores as Yum’s ‘Hut Forward’ Reset Kicks In

Pizza Hut to Close 250 U.S. Stores as Yum’s ‘Hut Forward’ Reset Kicks In

LOUISVILLE, Ky., Feb 4, 2026, 14:57 EST Yum Brands plans to shutter roughly 250 underperforming Pizza Hut locations in the U.S. by mid-2026, executives disclosed to analysts Wednesday. The move is part of an ongoing strategic review that might lead to selling the chain. The announcement came alongside quarterly results where Yum exceeded sales forecasts but fell short on profit.…
4 February 2026
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Costco pulls ‘no preservatives’ rotisserie chicken signs after additives lawsuit

Costco pulls ‘no preservatives’ rotisserie chicken signs after additives lawsuit

San Diego, Feb 3, 2026, 08:40 (PST) Costco Wholesale Corp. has taken down “no preservatives” labels from signs and online listings for its Kirkland rotisserie chicken following a proposed class action by two California consumers alleging the claim was deceptive. The company told MEAT+POULTRY it “removed statements concerning preservatives” to maintain consistent labeling. It added that ingredients like carrageenan and…
3 February 2026
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Saks Off 5th liquidation sales begin as Saks Global moves to close 57 stores

Saks Off 5th liquidation sales begin as Saks Global moves to close 57 stores

NEW YORK, Feb 1, 2026, 04:18 (EST) Starting Saturday, dozens of Saks Off 5th stores kicked off going-out-of-business sales as parent company Saks Global scales back its discount operations amid bankruptcy proceedings. The company is also closing all remaining Neiman Marcus Last Call outlet locations. The closures cut off a discount channel that cleared designer goods for bargain-hunting shoppers wary…
1 February 2026
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Costco stock price slides as rotisserie chicken lawsuit lands ahead of dividend date

Costco stock price slides as rotisserie chicken lawsuit lands ahead of dividend date

New York, January 28, 2026, 19:45 EST — After-hours Shares of Costco Wholesale Corp (COST.O) dipped Wednesday and barely moved in after-hours trading, following news of a proposed class-action lawsuit over its rotisserie chicken. The stock last traded at $960.78. The case targets a product central to Costco’s identity — affordable, straightforward, reliable — which is crucial for a stock…
29 January 2026
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Lululemon pulls new ‘Get Low’ leggings from online store after see-through complaints

Lululemon pulls new ‘Get Low’ leggings from online store after see-through complaints

Vancouver, Jan 21, 2026, 04:09 PST Lululemon Athletica halted online sales of its new “Get Low” workout line in North America on Tuesday after customers reported the leggings appeared see-through when bending or squatting. The product page also showed an error message. The company said it has “temporarily paused sales online” to review early feedback. Morningstar analyst David Swartz flagged…
21 January 2026
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Aldi pay rise 2026: UK staff get March bump and longer maternity pay, Ireland hits €15.40 living wage

Aldi pay rise 2026: UK staff get March bump and longer maternity pay, Ireland hits €15.40 living wage

London, Jan 15, 2026, 09:38 GMT Aldi announced it will increase pay for tens of thousands of UK workers starting in March and boost hourly rates for employees in Ireland from February, intensifying its wage and benefits investment amid fierce competition for staff. Timing is crucial. In April, Britain’s legal minimum wage for workers aged 21 and over increases, and…
15 January 2026
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Sephora finally sets Ireland debut date: Belfast store to open Feb. 12

Sephora finally sets Ireland debut date: Belfast store to open Feb. 12

Belfast, January 14, 2026, 10:09 (GMT) Sephora UK announced it will launch its first store on the island of Ireland in Belfast on Feb. 12. The beauty retailer confirmed the date after months of rumors surrounding a new location at Victoria Square. Irishtimes The Belfast opening marks the chain’s debut physical store on the island, expanding its UK footprint into…
14 January 2026
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Walmart stock jumps as Google Gemini shopping push and Wing drone rollout grab attention

Walmart stock jumps as Google Gemini shopping push and Wing drone rollout grab attention

New York, Jan 12, 2026, 16:50 EST — After-hours Walmart Inc. shares climbed roughly 3% in after-hours trading Monday, building on gains from the regular session. The retailer unveiled plans to integrate shopping with Google’s Gemini chatbot and expand drone deliveries through Alphabet’s Wing. These moves carry weight now, arriving just as Walmart is set to benefit from a mechanical…
12 January 2026
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Walmart stock jumps on Google Gemini checkout, Wing drones and Nasdaq-100 countdown

Walmart stock jumps on Google Gemini checkout, Wing drones and Nasdaq-100 countdown

New York, Jan 12, 2026, 11:16 EST — Regular session Walmart shares jumped 3.3% to $118.36 by late morning Monday, beating a mostly flat market. Investors reacted to new news highlighting AI-powered shopping and quicker delivery options. Walmart’s selling point is speed and stickiness. The retailer wants shoppers to stay within its checkout system, even if they find products elsewhere,…
12 January 2026
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Walmart stock jumps on Google Gemini shopping plan, Wing drones and Nasdaq-100 spotlight

Walmart stock jumps on Google Gemini shopping plan, Wing drones and Nasdaq-100 spotlight

New York, Jan 12, 2026, 12:03 EST — Regular session Walmart shares jumped 3.4% to $118.47 in midday trading on Monday after the retailer outlined a new shopping tie-up with Google’s Gemini chatbot and traders positioned for its Nasdaq-100 debut. (MarketWatch) The announcements land at a touchy moment for retail stocks, when investors are trying to figure out whether price-conscious…
12 January 2026
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Sainsbury shares slide after Argos sales dip; investors turn to April results

Sainsbury shares slide after Argos sales dip; investors turn to April results

London, Jan 9, 2026, 10:49 GMT — Regular session Shares in J Sainsbury (SBRY.L) slid on Friday after the grocer’s Christmas trading update showed a drag from its Argos unit. The stock was down 6.3% at 308.4 pence by 1025 GMT. (Sainsburys) The numbers land in a crowded week for UK retail, with investors trying to pin down what shoppers…
9 January 2026
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Stock Market Today

  • Crude Oil Prices Surge Amid US-Iran Negotiation Breakdown and Supply Concerns
    February 4, 2026, 7:35 PM EST. Crude oil prices jumped over 3% on Wednesday, led by March WTI crude rising due to stalled US-Iran nuclear talks. The United States rejected Iran's demand to move the negotiations from Turkey to Oman, increasing fears of potential military action and disruption in key shipping lanes such as the Strait of Hormuz, a critical conduit for 20% of global oil. Gasoline prices also hit a 2.5-month high. Support came from a bullish weekly Energy Information Administration (EIA) report showing a larger-than-expected crude drawdown. Meanwhile, geopolitical tensions including Russia's hardline stance on Ukraine and rising Venezuelan crude exports are influencing the global supply outlook. The International Energy Agency (IEA) slightly lowered its forecasted 2026 surplus, while US crude production estimates rose, underscoring a complex interplay of supply and demand factors in oil markets.
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