Costco (COST) shoppers are on a bulk-buying spree, snapping up groceries, home furnishings and electronics, as the retailer defies growing concerns over rising tariffs and living costs.

Shoppers will find fewer goods from Canada on Costco store shelves now that President Trump has imposed tariffs, the chain's chief executive said, and the products that are there will cost more. The warehouse retailer also will look for more products to import from nations that have not been hit with US tariffs,