Costco Wholesale Corp.

Kroger has named former Walmart executive Greg Foran as its new chief executive, with a compensation package including a $1.5 million base salary and up to $12 million in annual stock awards. Shares rose 0.4% following the announcement.

Costco stock declined nearly 2% Tuesday, slipping below $980 as weak U.S. retail sales data weighed on sentiment. Investors now await the company's February sales update and March 5 earnings report.

Costco shares dipped slightly in after-hours trading, even as Bernstein raised its price target to $1,155. Investors await the retailer's quarterly results and February sales data due March 5.

Costco stock declined in midday trading as investors awaited key U.S. economic reports, while Bernstein raised its price target on the retailer.

Kroger has named ex-Walmart U.S. chief Greg Foran as its new CEO, ending a year-long search. The grocer's stock rose approximately 6% in premarket trading following the announcement.

Costco stock closed above $1,000 after a 1.2% gain, with January sales rising 9.3%. The retailer's fiscal Q2 results and February sales figures are due March 5.

Walmart shares closed at a record $131.18, buoyed by a Citi price target hike to $147. Investor focus now shifts to upcoming U.S. jobs and inflation reports, followed by the retailer's quarterly earnings.

Costco stock closed above $1,000 after reporting robust January sales growth. Investors are watching whether the retailer can maintain momentum ahead of its March earnings.

Walmart shares surged over 3% Friday, lifting its market cap near $1.05 trillion as the Dow Jones Industrial Average closed above 50,000 for the first time. Investors await the retailer's Q4 results on Feb. 19 and key U.S. economic data next week.