BJ’s Wholesale Club Introduces New App Features for Seamless Shopping 

BJ’s Wholesale Club announced that the company is making it easier for members to seamlessly shop and save by launching new features on the BJ’s app.

The BJ’s app includes a refreshed homepage where members can now easily reorder their favorite items, quickly clip digital coupons and conveniently shop using digital services, such as same-day delivery, buy online, pick up in-club and curbside pickup.

“The BJ’s app is the easiest way to get the most out of your BJ’s membership, from...

Costco Reports November and First Quarter Fiscal Year 2021 Sales Results

Costco Wholesale Corporation reported net sales of $15.67 billion for the retail month of November, the four weeks ended November 29, 2020, an increase of 15.1 percent from $13.62 billion last year.

For the twelve-week first quarter ended November 22, 2020, the Company reported net sales of $42.35 billion, an increase of 16.9 percent from...

BJ’s Wholesale Club Expands Buy Online, Pick Up In-Club Service to Include Fresh and Frozen Items

BJ’s Wholesale Club announced the expansion of 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 helping our members save time and money on essentials, which is why we’re offering more convenient ways to help them get exactly what they need,” said Jeff Desroches, executive vice president, Club Operations Officer. “With the expansion of our buy online, pick up in-club service, BJ’s members can do their weekly grocery shopping – and...

Costco Wholesale Reports August Sales Results 

Costco Wholesale Corporation reported net sales of $13.56 billion for the retail month of August, the four weeks ended August 30, 2020, an increase of 15.0 percent from $11.79 billion last year.

For the 16-week fourth quarter ended August 30, 2020, the Company reported net sales of $52.3 billion, an increase of 12.7 percent compared to net sales of $46.4 billion during the similar period last year.

For the 52-week fiscal year ended August 30, 2020, the Company reported...

BJ’s Wholesale Club Adds Contactless Shopping Option with Launch of Curbside Pickup

BJ’s Wholesale Club announced the availability of contactless, curbside pickup at all BJ’s Wholesale Club locations to make it even more convenient for members to shop.

“It’s more important than ever to provide our members with a variety of convenient options to shop the club,” said Jeff Desroches, executive vice president, Club Operations Officer. “Our new, contactless curbside pickup service is another example...

BJ’s Wholesale Club Holdings Announces Record Second Quarter Fiscal 2020 Results

BJ’s Wholesale Club Holdings, Inc. announced its financial results for the thirteen and twenty-six weeks ended August 1, 2020.

Highlights

• Comparable club sales, excluding gasoline sales, increased by 24.2%, including digitally enabled sales growth of over 300% for the second quarter of fiscal 2020.
• Income from continuing operations increased by 96.5% year-over-year to $106.7 million, for the second quarter of fiscal 2020.
• Adjusted EBITDA increased by 41.6% year-over-year to $216.9 million, for the second quarter of fiscal 2020.
• Earnings per diluted share of...

Beyond Meat Expands Club Store Distribution with BJ's Wholesale and Sam's Club

Beyond Meat is working to increase accessibility to plant-based meat through the development of new sales channels, including club and convenience stores. The company, which offers an 8-pack of its flagship Beyond Burger, first broke into the club channel last year at Costco. This summer, Beyond Meat added partnerships with BJ’s Wholesale and Sam’s Club, unlocking partnerships with three major club stores.

“Having entered all national conventional retailers in the US, we looked for where the white space existed and club stores were the next logical step towards increasing accessibility to plant-based meat among mainstream consumers,” said Chuck Muth, Chief Growth Officer, Beyond Meat. “By offering the Beyond Burger in a larger format, we’re able to provide value to consumers and a more accessible entry point for...

Costco Reports Financial Results for Third Quarter 

Costco Wholesale Corporation announced its operating results for the third quarter (12 weeks) and the first 36 weeks of fiscal 2020, ended May 10, 2020.

Net sales for the quarter increased 7.3 percent, to $36.45 billion from $33.96 billion last year. Net sales for the first 36 weeks increased 7.8 percent, to $110.94 billion from $102.90 billion last year.

Reported net income for the third quarter was $838 million, or $1.89 per share, which was negatively impacted by $283 million pretax, or 47 cents per diluted share, from incremental wage and...

BJ’s Wholesale Club Announces Record First Quarter Fiscal 2020 Results

BJ’s Wholesale Club Holdings, Inc. announced its financial results for the thirteen weeks ended May 2, 2020.

“Our top priority remains the health and safety of our members and team members during this challenging time and I am deeply thankful for the contributions of our dedicated team members this past quarter,” said Lee Delaney, President and Chief Executive Officer, BJ’s Wholesale Club. "While the coronavirus pandemic increased demand for our services, our team's hard work and the capabilities we have built over the last four years have enabled us to...