BJ's Wholesale Club Hldgs Stock (NYSE: BJ)

BJ's Wholesale Club Hldgs

BJ's Wholesale Club

BJ's Wholesale serves as one of the few warehouse club chains in the United States. Its 250 warehouses are primarily located along the East Coast, most prominently in the New England area. Similar to its warehouse club peers, BJ's charges annual membership fees and keeps costs down by operating a "no-frills" store environment. The company limits the use of distribution centers where possible and stores inventory on pallets directly on the sales floor, often in bulk quantities. The company also offers a limited assortment of 7,000 stock-keeping units at its warehouses to achieve greater procurement scale on select items. About 80% of BJ's net sales come from grocery items and general merchandise, with the remaining 20% coming from gasoline and other ancillary services.

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February&#39;s Consumer Price Index (CPI) rose 2.8% year-over-year, with core CPI at 3.1%. While both headline and core indices saw a 0.2% month-over-month increase, they underperformed expectations. Price changes were observed across categories, including deflation in TVs, and price increases in Appliances and Pet Food, signaling a gradual easing of inflationary pressures, according to J.P. Morgan analyst Christopher Horvers.

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Press Releases

BJ's Wholesale Club Announces Ohio Distribution Center to Accommodate Growth

BJ's Wholesale Club Awards $75,000 Grant to Feeding South Florida

Shopping at BJ's Wholesale Club Is More Convenient Than Ever with Tap & Pay at all BJ's Gas Locations

BJ's Wholesale Club to Open in Brooksville, Florida, on February 21

BJ's Wholesale Club Myrtle Beach Location Set to Open February 28

BJ's Wholesale Club Holdings, Inc. Announces Fourth Quarter and Full Fiscal 2024 Results

BJ's Wholesale Club Announces Expansion into Texas as Part of Plan to Add 25-30 New Clubs Over Next Two Fiscal Years

BJ's Wholesale Club Announces March 7 for Grand Opening of Southern Pines Location

BJ's Wholesale Club to Open 25th New Jersey Location in Whippany on March 21

April 25 Set as Grand Opening Date for BJ's Wholesale Club in Staten Island

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