A shopper carries a bag outside a TJ Maxx store in New York, U.S.
Victor J. Blue | Bloomberg | Getty Images
Fresh economic data Wednesday showed U.S. consumer spending slowed during the holiday season as inflation, though easing, continued to squeeze shoppers. That’s likely to make off-price retailers like Club holding TJX Companies (TJX) even more attractive to many Americans looking for cost-saving deals in the new year.