BJs Wholesale Club Holdings Stock Price, News & Analysis

BJ's Wholesale Club (NYSE: BJ) announced the opening of its newest club in Davenport, Florida, on February 17, 2023. This marks the retailer's expansion to a total of 236 clubs across the U.S. The Davenport location will feature a BJ's Gas station, offering competitive fuel prices and a Fuel Saver Program. To celebrate the opening, BJ's is providing a limited-time membership offer: a 1-year Inner Circle Membership for $25 and a Perks Rewards Membership for $65, with significant cashback benefits. The club promises unbeatable savings, a variety of shopping options, and a focus on community engagement.

BJ's Wholesale Club is set to open its first location in Tennessee this year, marking its expansion into the 19th state. The new club will be situated in La Vergne, nearby Nashville. This opening is part of BJ's broader growth strategy, which includes additional clubs in Davenport, Florida and McDonough, Georgia this month. Each new club is expected to create approximately 150 jobs, contributing to the local economy. BJ's is recognized for offering significant savings, including up to 25% off grocery prices, and various shopping options like curbside pickup and same-day delivery.

BJ’s Wholesale Club Holdings (NYSE: BJ) announced the resignation of Tom Kingsbury from its Board of Directors, effective February 7, 2023. This decision follows Mr. Kingsbury's recent appointment as CEO of Kohl’s Corporation. He joined the board in February 2020 and served on the Compensation Committee. The Company expressed gratitude for his contributions and leadership during his tenure. BJ’s continues to explore opportunities for new board members to enhance governance, emphasizing skillset diversity. This transition aims to reinforce the Company's strategic priorities amidst ongoing growth.

BJ's Wholesale Club has announced the launch of the BJ's One™ Mastercard program in partnership with Capital One and Mastercard, set to begin on February 27, 2023. The program allows members to earn never-expiring rewards and enjoy savings at BJ's Gas. Cardholders can earn up to 5% back on purchases at BJ's and receive fuel discounts of 10¢ to 15¢ off per gallon at BJ's Gas. Additionally, BJ's is enhancing its membership program, rebranding it as the Club+ Card Membership, to include further benefits. The initiative aims to increase member satisfaction and strengthen BJ's competitive position in the retail space.

BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) announces the resignation of Judy Werthauser from its Board of Directors to pursue a new opportunity. Werthauser, a board member since November 2018, was the Chair of the Compensation Committee. The board plans to appoint Ken Parent as the new Chair of the Compensation Committee and Chris Peterson will join this committee. Werthauser expressed confidence in BJ’s leadership and their future success. The company continues to evaluate its board composition for effective governance. BJ’s operates 235 clubs and 164 gas locations across the Eastern United States.

BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) announced plans to release its fourth quarter fiscal 2022 financial results on March 9, 2023, before the market opens. The Company will also host an Investor Day at 8:30 am ET, where leaders will discuss the fourth quarter performance and provide insights into the long-term growth strategy and outlook. The event will be accessible via a live webcast, and materials will be available post-event. BJ’s operates 235 clubs and 164 BJ’s Gas locations across 18 states, focusing on delivering significant value through a diverse product assortment and enhanced omnichannel capabilities.

BJ's Wholesale Club announced the opening of its new location in Midlothian, Virginia, on December 9, 2022. This marks the company's 15th club in Virginia and brings the total number of clubs to 235 across the U.S. The new site will feature a BJ's Gas station and offer members everyday low fuel prices and a Fuel Saver Program. To celebrate the opening, BJ's is offering a limited-time membership deal, allowing shoppers to join at discounted rates valid until December 8, 2022.

BJ's Wholesale Club (NYSE: BJ) has launched BJ's Media Edge™, a retail media program in partnership with Microsoft PromoteIQ. This initiative aims to enhance brand engagement by providing a comprehensive advertising solution that leverages first-party data from 6.5 million members. Early adopters have reported significant returns on media investments. The program allows brands to access advanced analytics, targeted audience segments, and connect with members across various digital touchpoints. BJ's operates 234 clubs and emphasizes the importance of retail media in modern marketing.