0919 ET - BJ's Wholesale Club CEO Bob Eddy says shoppers are currently exhibiting more value seeking behaviors such as higher sensitivity to promotions, increasing purchases of private-label items and, in some cases, trading down to lower-priced goods. "Looking at the behavior of our membership base this quarter, we continued to see members across all income levels remain cautious, which tracks with what we broadly see in the consumer confidence data," he says on a call with analysts. Many consumers are dealing with "a considerable level of unpredictability in their everyday lives," Eddy says. "This has impacted consumer confidence, which has been at low levels for much of this year." (connor.hart@wsj.com)
(END) Dow Jones Newswires
November 21, 2025 09:20 ET (14:20 GMT)
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