by Mike Duff | Mar 9, 2023 | Retail Articles
The fourth quarter was a good one for BJ’s with comparable sales up solidly and earnings gaining more than enough to beat a Wall Street estimate. Net income was $129.8 million, or 95 cents per diluted share, versus $107.6 million, or 78 cents per diluted share, in the...
by Mike Duff | Feb 15, 2023 | Retail Articles
Costs hit the Ace Hardware Corp. bottom line in the fourth quarter despite comparable and total sales gains. In the fourth quarter, Ace net loss was $4 million versus company net income of $9.9 million in the year-earlier period, the company stated. The 3,600 Ace...
by Mike Duff | Jan 27, 2023 | Retail Articles
With a start slated for Florida, Walmart’s Sam’s Club division has announced plans to open more than 30 new clubs across the U.S. over the next several years. In addition to new locations, Sam’s will execute a multiple-year plan to invest in and modernize its supply...
by Mike Duff | Oct 11, 2022 | Retail Articles
As it continues expansion to new markets, BJ’s Wholesale Club has moved its headquarters to its new Club Support Center located at 350 Campus Drive in Marlborough, MA. The Club Support Center, the company announced, is a new state-of-the-art facility...
by Mike Duff | Aug 24, 2022 | Retail Articles
As it identified second quarter revenues as record-setting, Ace Hardware Corp. also posted net income that included a charge for the closure of The Grommet. Ace Hardware posted net income attributable to the company of $124.9 million for the quarter, up $116 million...
