MARLBOROUGH, Mass. — BJ’s Wholesale Club recently announced locations for new warehouse clubs in five cities in the Midwest and Southeast. The openings are the latest in an expansionary wave that will put the warehouse club operator into its 21st state in early 2025. BJ’s previously revealed that it was planning 12 news clubs and
MARLBOROUGH, Mass. —BJ’s Wholesale Club reported strong third quarter results driven by membership growth and traffic and margin improvement. Comparable-club sales, excluding gasoline sales, remained approximately flat year over year. But the company said its digitally enabled comparable sales growth was up 16% year over year. And membership fee income increased by 6.6% year over
MARLBOROUGH, Mass. — BJ’s Wholesale Club wrapped up fiscal 2022 with double-digit top- and bottom-line growth for both the year and the fourth quarter. The strong performance has positioned the company for further aggressive expansion in 2023. The membership warehouse club operator posted a 20.3% leap in full-year net income to $513.2 million on a
MARLBOROUGH, Mass. — BJ’s Wholesale Club plans to open its newest club on Friday in Greenburgh, N.Y., bringing its total to 232 U.S. clubs. “Our team can’t wait to open our doors on Friday and welcome both new and existing members into our brand-new club,” said Jorge Cedeno, Club Manager of the Greenburgh BJ’s Wholesale
WESTBOROUGH, Mass. — BJ’s Wholesale Club reported strong sales results in the third quarter. Comparable-club sales (excluding gasoline) increased by 5.7%, reflecting a two-year stacked comp of 24.2%. Digitally enabled sales growth was 44%, reflecting two-year stacked comp growth of 244%. The company’s earnings per diluted share of 92 cents reflected a 4.5% year-over-year increase.
WESTBOROUGH, Mass. — BJ’s Wholesale Club said Thursday that it plans to open six new clubs this fiscal year. The newest clubs will be located in Seabrook, N.H., Port Charlotte, Fla., Commack, N.Y., South Fayette, Pa., Ross Township, Pa. and Lansing, Mich. The two Pennsylvania stores are located in greater Pittsburgh, which is a new
WESTBOROUGH, Mass. — BJ’s Wholesale Club Holdings Inc. on Thursday reported record sales for its fiscal fourth quarter and year. Comparable club sales, excluding gasoline sales, increased by 15.9%, including digitally-enabled sales growth of 168%, for the fourth quarter of fiscal 2020. Income from continuing operations increased 127.3% year-over-year to $95.9 million, for the 13-week
WESTBOROUGH, Mass. — BJ’s Wholesale Club is expanding its buy online, pick up in-club service to include fresh and frozen grocery items. BJ’s members can now order their weekly groceries on BJs.com or with the BJ’s app for curbside pickup or pick up in-club at any one of the company’s 219 locations. “We’re committed to
WESTBOROUGH, Mass. — BJ’s Wholesale Club Inc. has promoted Lee Delaney to president. Delaney had been serving as the company’s chief commercial officer. He will continue to report to chairman and chief executive officer Christopher Baldwin, who relinquished the president’s title to Delaney last month. The warehouse club has been expanding into new markets and
WESTBOROUGH, Mass. — BJ’s Wholesale Club Inc. stock closed last month more than 29% higher than its initial public offering price as the wholesaler returned to the public markets after seven years as a private company. The company’s stock closed at $22 a share, above the IPO price of $17 a share. Listed on the