For Walmart, omnichannel may be the way to beat Amazon in the war to stock the pantry. And Sam’s Club may be a way to get some incremental firepower in that battle. News came earlier this year that Sam’s Club is adding new locations across the...
Costco’s strong membership and renewals were not enough to offset a slump in digital sales. According to Costco CFO Richard Galanti, while the retailer’s 847 stores in the U.S., Canada and a dozen other countries delivered an 8% increase in its fiscal first quarter sales,...
Following its initial public offering (IPO), sales are on the rise at BJ’s Wholesale Club. In the second quarter, net sales at the wholesale chain increased by 4.3 percent year-over-year and arrived at $3.2 billion, Retail Dive reported. “[BJ’s] continued to post favorable results, with...
Less than 10 years after going private, BJ’s Wholesale Club stock is proving to be a hit with investors after returning to public trading. Shares of the wholesale club retailer jumped more than 20 percent on Thursday (June 28), reaching north of $21, Financial Times...
April 17, 2023
Direct-to-consumer brands are increasingly using warehouse club stores to reach new, bargain-hungry consumers. As a report Monday (April 17) by Modern Retail noted, this trend is well-established but has become a larger part of consumer packaged goods (CPG) companies’ strategy as they look to expand nationally. Among these companies is supplement brand Care/of, which began selling its products […]
August 29, 2018
Following its initial public offering (IPO), sales are on the rise at BJ’s Wholesale Club. In the second quarter, net sales at the wholesale chain increased by 4.3 percent year-over-year...
June 29, 2018
Less than 10 years after going private, BJ’s Wholesale Club stock is proving to be a hit with investors after returning to public trading. Shares of the wholesale club retailer...
May 17, 2018
Just seven years after going private, BJ’s Wholesale Club has filed for an initial public offering (IPO), The Wall Street Journal (WSJ) reported. The deal could value the Westborough, Massachusetts-based, membership-only...
