Friday, June 05, 2009

Tough Month for BJ's....How is it affecting you??

PHILADELPHIA - FEBRUARY 21:  A BJ's Wholesale ...Image by Getty Images via Daylife

BJ's Wholesale Club, Inc. reported Thursday a 6.8% decline in same store sales for the month of May, hurt chiefly by lower gasoline prices and volume.

BJ's said that sales for May dipped by 4.7% to $783.4 million from $822 million a year ago.

It's been a tough go for retailers, but BJ's has been doing a decent job during this recession, some say that BJ's stock will dip under $30.00 a share...We're wondering how it's affecting workers, from what we've heard on the street is that the recession has cut hours, and put most employees under tremendous pressure...What's your thoughts?

Here's what some top news agencies had to say:

BJ's down 6.8%

Marketwatch: BJ's DOWN.

BJ's same store sales down, Boston Globe reports.

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