Monday, July 16, 2007

BJ's success documented everywhere

Keeping Up with the Big Boys

Articles, Analysts, and Executives continue to brag about how well BJ's Wholesale Club is doing...

I believe rising gas and food prices will play to BJ's strengths. It is able to offer these at discounts to traditional grocers and gas stations. Doing this increases store traffic, and customers also may spend more on other items, like big-screen televisions. This could in turn increase margins, which is one ingredient the company is missing today.

Are you seeing a change at your job? Don't let the company continue to take advantage of you while they only reap the benefits. Stand up for your hard work. Contact us if you've had enough of being treated like this.


Friday, July 13, 2007

Sales rise $80 Million...do you deserve more?

BJ's Wholesale Club June Comp Sales Up 5.3%....Are you seeing any of this profit???

BJ's Wholesale Club (BJ) said June same-store sales rose 5.3% from a year earlier, including a contribution from sales of gasoline of 1.4% and a negative impact of 0.4% from the absence of pharmacy sales.

Analysts polled by Thomson Financial had expected, on average, a 3.3% same- store sales rise.

Total sales rose 9.8% to $886.8 million from $807.3 million a year ago.

BJ's Wholesale Club sales rose nearly $80 Million dollars from a year ago... Have things in your working environment changed from a year ago? Is BJ's giving Health Care to all employees now? Are you getting all the hours that you were promised? Did you get that raise you were promised??? With all the leg work you do for BJ's Wholesale Club you'd think they would show some appreciation sometime.

Friday, July 06, 2007

Tuesday, May 29, 2007

BJ's Wholesale 1Q Profit Declines...

http://www.wtopnews.com/index.php?nid=111&sid=1147047

BJ's Wholesale 1Q Profit Declines

May 22, 2007 - 10:14am
By MARK JEWELL
AP Business Writer

BOSTON (AP) - BJ's Wholesale Club Inc.'s profit fell 11 percent in the first full quarter since a leadership change returned Herb Zarkin to the retail warehouse club's top job.

Despite the lower profit, Zarkin said he expects his efforts to revamp merchandise and pricing at Natick-based BJ's to yield improved earnings by late this year.

Net income for the three-month period ended May 5 declined to $13.7 million, or 21 cents per share, from $15.4 million, or 23 cents per share, a year ago.

The latest quarter included income of a penny per share from the sale of pharmacy assets following Zarkin's Jan. 4 announcement of plans to close 46 unprofitable in-store pharmacies.

Not counting one-time gains and expenses, the latest quarter's profit would have totaled 20 cents, compared with 22 cents previously, matching the consensus estimate of analysts surveyed by Thomson Financial.

Revenue, including membership fees, grew to $2.06 billion from $1.91 billion last year. Net sales rose 8 percent to $2.01 billion from $1.87 billion a year earlier, as sales at clubs open at least a year increased 2.3 percent, including a contribution from gasoline sales of 1.4 percent.

Shares of BJ's rose $1.09 cents, or 3.1 percent, in morning trading Tuesday to $36.60.

Although the first-quarter profit fell 11 percent, the performance was an improvement from the fourth quarter, when net income plunged 77 percent following slow sales heading into the holiday shopping season _ a trend that led to the abrupt resignation of Mike Wedge on Nov. 22, when Zarkin was named interim chief executive. On March 1, BJ's named Zarkin president and CEO on a permanent basis, and he stayed on as board chairman.

Zarkin told analysts in a conference call that he was "encouraged by the early signs" from his steps to turn around the company, and expects to see the efforts yield profit gains starting late this year.

"We feel we made considerable progress in the first quarter," said Zarkin, despite poor April weather in the Northeast that hurt sales.

Among other things, Zarkin plans to cut the number of brands and sizes BJ's carries to open up shelf space for additional product lines. He also plans to eliminate certain BJ's-branded private label items, offer more competitive pricing, and refocus marketing and merchandise presentation.

BJ's, with more than 20,000 employees, operates 173 warehouse clubs in 16 states, stretching from Maine to Florida, with the heaviest concentration in the Northeast. BJ's is dwarfed by larger rivals Costco Wholesale Corp. and Wal-Mart Inc.'s Sam's Club.

From 1993 to 1997, Zarkin was president and CEO of Waban Inc., which then operated BJ's and well as HomeBase, another warehouse club.


(Copyright 2007 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Wednesday, May 09, 2007

Rumors at Club 138

Typical BJ's situations at BJ's Club 138. Workers continue to tell us how the situation is worsening...
  • Constant harrasment by male managers.
  • Absolutley no respect toward team members
  • One member calls the situation "disturbing" and says they "have absolutley no idea what's going to happen when they get to work"
The situation is growing worse and we're here to help, we'll be contacting our lead members there to let everyone know when the next meeting is. BJ's can't get away with this.

Monday, May 07, 2007

BJ's and Privacy

Here are a few articles on BJ's Wholesale Club and their privacy problems...These articles are from 2005.
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http://informationweek.com/story/showArticle.jhtml?articleID=164900859

The Federal Trade Commission's recent announcement of a proposed settlement with BJ's Wholesale Club is just the latest privacy-enforcement action to send the message that application security matters--a lot.

The FTC's complaint against BJ's gives new clarity to the line between reasonable and unreasonable security practices. Some of the criticized practices fall in the network-security, access-controls, and incident-response categories: insufficient measures to detect unauthorized access and conduct security investigations, insecure wireless network access, and use of commonly known default user IDs and passwords. But other practices listed in the complaint fall squarely in the category of application controls to protect sensitive information, such as failure to encrypt sensitive information while in transit or in network storage and unduly long data retention.



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Press Release on the agreement

Monday, April 16, 2007

Massachusetts: Hunger seen a growing problem in area and BJ's isn't helping

This article comes from the Sun Chronicle, highlighting hunger problems throughout Massachusetts. It notes that wealthy retailers like BJ's Wholesale Club aren't doing much to solve the problem, we think they should stop charging membership fees and start accepting food stamps.

Hunger seen a growing problem in area


Friday, April 13, 2007 1:14 AM EDT
U.S. Rep. James McGovern speaks to the Community Coalition of Greater Attleboro Thursday morning at the Attleboro Arts Museum. (Staff photo by KEITH NORDSTROM)
ATTLEBORO - Hunger in the Attleboro area has grown beyond the poor and is now common among working class families, social service providers and U.S. Rep. James McGovern said Thursday.

They said more families than ever are utilizing free food pantries because they cannot make ends meet due to the high cost of food, housing, gasoline, health care and heating fuel.

"There are a lot of hungry people right here," McGovern, D-Worcester, told a breakfast meeting of the Area Community Coalition of Greater Attleboro.

He said hunger in America goes beyond the stereotype of the poor, homeless person and is now found in working class families and the elderly.

Hospital emergency rooms are treating more elderly patients who have damaged their stomachs by taking medication without eating because they cannot afford both medicine and food, McGovern said.

Janice Godfrey of the Rehoboth Council on Aging said she volunteers at a charity food pantry on Easter Sundays.

Last year she sat around eating jelly beans because so few people took advantage of the pantry on Easter.

This year, she said, so many people came for free food that "I never worked so hard."

She said a big problem is the rising price of milk. A gallon has hit $4 in some stores and is expected to keep rising throughout the year.

McGovern said it might sound odd, but obesity can be related to hunger.

He said poor families give their children soda and junk food because they cannot afford milk and fresh vegetables.

The congressman said there is some help available, but Massachusetts has one of the lowest rates for applying for food stamps in the country.

He said he supports a proposal to provide a breakfast to school children at their desk first thing in the morning and another to extend school lunch programs for the poor throughout the summer.

Mary Ellen Goodwin of Beta Community Services proposed another way of helping hungry families.

She said the debit cards the food stamp program gives to families are not accepted at some discount stores, such as BJ's Wholesale Club.


If the cards were accepted by the discount stores, poor families could save $1 on every gallon of milk and get other food for less to make their food stamp allotment stretch farther, she said.

The meeting touched on a variety of issues affecting social services.

Speakers said workers have not received raises in years, affordable housing is disappearing in the Attleboro area and a federal fuel assistance program is inadequate.

A few speakers said the United States could afford to take care of its needy citizens if it was not spending so much money on the war in Iraq.

McGovern said that since Democrats took over Congress, there has been a renewed emphasis on the poor and next year will increase funding for many social services.

Later, he explained that to pay for the extra spending on social services, other areas of the budget will have to be cut, or tax decreases passed years ago will be allowed to expire.

The budget resolution passed by the House rejected President Bush's proposal to cut food stamps by 280,000 families and home meals for 500,000 senior citizens.

It also increases funding for agriculture programs that support nutrition by $20 billion, according to McGovern's Washington office.