Friday, July 23, 2010

BJ's News: Month of June

BJ's Wholesale Club Coming to Clermont in the Spring
Clermont, FL-- A BJ's Wholesale Club is scheduled to open next spring, showing that commercial growth in Clermont is not about to stop, even with a slow down in the construction of new homes. 

Private Equity Takes Stake in BJ's
A private equity firm that has invested in several retailers has taken a 9.5 percent stake in BJ's Wholesale Club Inc and said it might propose taking the warehouse club operator private.

BJ's Wholesale Club Collects More Than 100,000 Letters for Deployed U.S. Service Members
BJ's partnered with nonprofit Operation Gratitude for month-long letter writing campaign.

Analysts Mixed on Taking BJ's Wholesale Private
Going private has the potential to prompt unprecedented growth for BJ's Wholesale Club, analysts said; however, taking that leap could also mean saddling the wholesale retailer with sizable debt as it tries to gain traction against its larger rivals. 

Board Approves BJ's Wholesale Club Plans
PITTSFIELD-- Developers of the proposed BJ's Wholesale Club on Hubbard Avenue have cleared a major regulatory hurdle toward opening next spring.

Looking Back at Recent Earnings from BJ's Wholesale Club
BJ's released its most recent earnings statement on May 19th. BJ's beat expectations with a non profit of 49 cents per share-- 6 cents above the analyst consensus of 43 cents per share.

BJ's Wholesale Club 1Q net income up on gas sales
1Q rose 7 percent, partly helped by gasoline sales. The wholesale club operator also lifted its full-year earnings guidance.

BJ's Leaning on Perishable Foods to Drive Traffic, Sales in 2010
BJ's is increasingly counting on its consumable offerings, specifically perishable goods, in 2010 and beyond to drive frequent customer traffic and transactions and grow its overall business.

Spire to BJ's Wholesale Club Supply Solar Energy System
BJ's announced that the Spire solar energy system enterprise completes BJ's Wholesale Club to sell the field in Winsconsin two solar energy system to install, starts to sell the field in Niuzexi state two install the solar energy system.

BJ's to Re-Launch E-Commerce Site This Summer
BJ's Wholesale Club's e-commerce site is still admittedly not a major contributor to its total business, but this summer, memebers and non- members can expect to see a revamped website.