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Stock impact report

Where people are — and are not — shopping right now [Business Insider]

TJX Companies, Inc. (The) (TJX) 
Last tjx companies, inc. (the) earnings: 2/26 08:00 am Check Earnings Report
US:NYSE Investor Relations: investor.tjx.com
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Shoppers are being more selective, leaning toward value spots like Walmart and T.J. Maxx. With the economy feeling shaky, even wealthier shoppers are hunting for deals. It's not just about price: Consumers want value in their purchases. Americans are spending selectively. That's the picture painted by this quarter's earnings season, and it's not surprising. Consumer sentiment is at its lowest level since 2022, job cuts are rising sharply, and tariffs are making shopping trips more expensive. Lower-income shoppers aren't the only ones feeling the heat. Analysts say well-off consumers are also "trading down" on some purchases and switching up their shopping routines to get better deals. But shoppers aren't just gravitating to the lowest-priced chains. While they are seeking value, it's not just about price, Neil Saunders of GlobalData Ret Show less Read more
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