Sector Update: Consumer Stocks Mixed Late Afternoon

03:55 PM EDT, 10/13/2026 (MT Newswires) -- Consumer stocks were mixed late Tuesday afternoon with the State Street Consumer Staples Select Sector SPDR ETF (XLP) easing 0.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) gaining 0.2%. In sector news, Redbook US same-store sales rose by 10.4% from a year earlier in the week ended Oct. 10 after an 8.6% year-over-year increase in the previous week. Redbook noted that promotions rolled out to rival Amazon's Prime Day Deals prompted shoppers to stock up on essentials and begin shopping for the upcoming holidays. In corporate news, Walmart (WMT) plans to expand employee healthcare benefits from 2027, including a new Zero Dollar prescription tier covering over 250 medications at no cost. The shares dropped 0.4%. Ollie's Bargain Outlet (OLLI) shares rose 1.8% after the company said its board approved an additional $500 million share buyback authorization, bringing its total available buyback capacity to about $561 million. Bumble (BMBL) shares surged 56% after it said Tuesday it has agreed to be acquired by Ithaca in an all-cash deal valuing the dating app at $1.3 billion. Kroger (KR) plans to reduce more than one-third of its corporate workforce to simplify operations and improve competitiveness under new CEO Greg Foran, Bloomberg reported, citing a memo it reviewed. The company will cut about 3,000 roles across different functions over the next three years, the report said. Kroger shares were shedding 3%.