by Mike Duff | May 20, 2022 | Retail Articles
Although general merchandise sales slipped as consumers spent more on groceries and everyday needs, BJ’s had solid financial gains in the first quarter. Company net income was $112.5 million, or 82 cents per share, versus $81.6 million, or 59 cents per share, in the...
by Mike Duff | Apr 19, 2022 | Retail Articles
Inflation gained in March according to market researcher Numerator, but the impact differs across product and consumer segments. For example, March grocery prices were up 11% versus the month a year earlier in contrast to February up 10.3% year-over-year. Prices for...
by Mike Duff | Apr 4, 2022 | Retail Articles
Just days after announcing a deal with DoorDash, BJ’s Wholesale Club has announced the chainwide rollout of Same-Day Select, a fee-based membership add-on. BJ’s characterizes Same-Day Select service as an upgrade option for BJ’s Wholesale Club members where they...
by Mike Duff | Mar 4, 2022 | Retail Articles
The fourth quarter was solid for BJ’s Wholesale Club, with an earnings beat on Wall Street estimates even if revenues were not quite in line with a Yahoo Finance-published prediction. Income from continuing operations was $107.6 billion, or 78 cents per diluted share,...
by Mike Duff | Sep 15, 2021 | Retail Articles
Sam’s Club plans to leverage the NCAA NIL agreement to help college athletes make some money from their name, image and likeness in a program that uses social media to reach designated audiences. The retailer is offering $10,000 each to 10 athletes across...
