Retail earnings show shoppers will spend money for value, favoring TJX, Costco

Customers wait in line to check out purchases at Costco store on June 28, 2023 in Teterboro, New Jersey. Costco is cracking down on membership card sharing at its stores. 

Kena Betancur | Corbis News | Getty Images

A busy week of retail earnings revealed that American consumers are spending with value top of mind. It’s a trend that benefits two Club names well-positioned to sell the best inventory at competitive prices.