BJs Wholesale Club Holdings Stock Price, News & Analysis

BJ's Wholesale Club has opened a new concept store, BJ's market, in Warwick, RI, on May 6. This 43,000 square foot location is about half the size of traditional BJ's clubs, focusing on fresh foods and convenience for members. The store offers curbside pick-up, Express Pay, and same-day delivery. Existing members can start shopping immediately, while new members can take advantage of a limited-time offer for membership. The club also emphasizes community support, having donated $20,000 to local organizations.

BJ's Wholesale Club (NYSE: BJ) has announced donations exceeding $140,000 to support the Greater Pittsburgh Community Food Bank, DonorsChoose, and the Pittsburgh YMCA through its Charitable Foundation. The company opened its second club in Pittsburgh, officially marking its expansion in the area. The Greater Pittsburgh Community Food Bank received a $75,000 donation to assist with local hunger relief efforts, while BJ's also donated over $1 million to teacher projects via DonorsChoose. BJ's commitment aims to enhance education and hunger relief in the Pittsburgh community.

BJ’s Wholesale Club (NYSE: BJ) is offering significant savings for Easter shopping, with convenient access to fresh food, décor, and toys available both in-club and online. The company emphasizes convenience through options such as contactless curbside pickup, in-club pickup, and same-day delivery. Members can save up to 25% compared to traditional grocery stores. Popular Easter items include the Smithfield Hickory Smoked Half Spiral Ham priced at $2.29/lb and various Easter candies and toys. BJ’s clubs will also operate on Easter Sunday, April 17, 2022.

BJ's Wholesale Club announced the opening of its new location in Ross Township, PA on April 8, 2022. This marks the company's second club in Pittsburgh, increasing its total to 227 locations across the U.S. The club features a BJ's Gas station, offering low fuel prices and a Fuel Saver Program. The new club emphasizes customer convenience with options like curbside pickup and same-day delivery. BJ's is promoting a limited-time membership offer, including a digital gift card for new members. This expansion aligns with BJ's strategy to enhance its presence in the Eastern U.S.

BJ's Wholesale Club (NYSE: BJ) has launched its Same-Day Select program, enhancing its delivery service with two membership options: 12 deliveries for $55 or unlimited deliveries for $100 annually. This initiative follows successful testing over six months, aiming to offer convenience and savings to members. The service ensures members have access to in-club pricing and the ability to stack coupons, while maintaining a minimum order of $60 for eligibility. With 226 clubs across 17 states, BJ's emphasizes its commitment to providing value to its members.

BJ’s Wholesale Club has partnered with DoorDash to launch on-demand grocery delivery from 226 locations across 17 states, becoming the first wholesale club on the DoorDash marketplace. This collaboration allows both members and non-members to purchase a range of products, with members receiving special pricing. The service taps into the growing demand for convenient grocery delivery and aims to enhance customer reach. To celebrate, DoorDash is offering a 30% discount on orders over $100 from March 29 to April 12, 2022, while DashPass members can benefit from reduced delivery fees.

BJ's Wholesale Club (NYSE: BJ) is expanding with the opening of four new clubs in Warwick, R.I.; Lady Lake, Fla.; Canton, Mich.; and Greenburgh, N.Y. This marks the first phase of their 2022 development plans. The new locations will offer a wide selection of fresh foods, household essentials, and fashion items. Additionally, the Warwick club will function as an innovation lab for testing new assortments. Each new club is expected to create approximately 150 jobs, while the innovation lab will generate around 50 jobs.

BJ’s Wholesale Club (NYSE: BJ) reported strong financial results for fiscal 2021, with total comparable club sales up 8.8% in Q4. Excluding gasoline, the increase was 0.9%. Digital sales surged 19%, and EPS rose by 13% year-over-year to $0.78. Net sales reached $4.26 billion, a 10.4% increase from last year. The company announced plans to acquire four distribution centers from Burris Logistics, enhancing their supply chain. However, they anticipate flat EPS for fiscal 2022 amid inflationary pressures and economic uncertainties.

BJ's Wholesale Club, a prominent membership warehouse operator in the Eastern U.S., has appointed Catherine Park as vice president of investor relations, effective February 21, 2022. Park brings extensive experience from her previous role as executive director of investor relations at MGM Resorts and from her time at JPMorgan Chase. This appointment aims to enhance BJ's engagement with investors and support the leadership team in managing investor relations.

Currently, BJ's operates 226 clubs and 157 BJ's Gas locations across 17 states.