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...These impacts, combined with persistent inflation, have more families prioritising needs over wants Earnings from BJ’s Wholesale also triggered a sell-off in the stock, and the pattern was similar, with...
...Company earnings Retailers will once again be in focus with discount retailers Ross Stores, BJ’s Wholesale Club and Kohl’s reporting first-quarter results....
...Investors are stocking up on BJ’s Wholesale Club, sending shares of the discount warehouse retailer soaring as it returned to public trading seven years after being taken private....
...While private equity groups have had success with a number of retailers since 2007, including Dollar General, Party City and BJ’s Wholesale Club, the majority struggled with the debt levels assumed in their...
...S&P last year described the company’s financial policy as “negative” and its management and governance as “weak”....
...BJ’s Wholesale Club, which is being taken private by two buy-out groups in a $2.8bn deal, posted an 11 per cent jump in August sales from a year ago, while Costco, the sector leader by revenue, posted a...
...But mid-range customers have been flocking to warehouse clubs such as BJ’s Wholesale to stock up on essentials and groceries....
...’s Wholesale, the warehouse retailer, and digital education company Blackboard....
...We were able to see consumers going back to the stores to start buying their diapers and their Kleenex and we could tell when the Walmarts of the world and the BJ’s Wholesale clubs in the northeast started...
...Costco and BJ’s Wholesale Club have been aided by rising membership fees, as cost-conscious consumers took advantage of the opportunity to buy goods in bulk....
...Elsewhere on Wall Street, shares in BJ’s Wholesale Club were up 4.6 per cent to $50.29 after the discount retailer announced that it was selling itself to the private equity firms Leonard Green & Partners...
...Before the financial crisis, for example, warehouse stores Costco and BJ’s were not part of the programme but have since joined up....
...Elsewhere in the sector, BJ’s Wholesale Club , a membership-only warehouse retail store, reported an 81 per cent fall in fourth-quarter profits on charges related to store closures....
...News that BJ’s Wholesale Club , a membership-only warehouse retail store, was considering selling itself sent its shares up 12.2 per cent to $48.25....
...The deal speculation dominating the market this week continued as BJ’s Wholesale Club, the warehouse store operator, gained 12.6 per cent to $47.34 after it was reported that it could be considering options...
...BJ’s Wholesale Club surged 7.1 per cent to $47.62 after it was reported that private equity firm Leonard Green & Partners could make a hostile bid for the warehouse store operator if an auction was not...
...In contrast, BJ’s Wholesale Club, the operator of warehouse stores, fell 2.7 per cent to $42.14 after it lowered its full-year forecast to $2.40-$2.50 per share, compared with the consensus estimate of $2.68...
...BJ’s Wholesale Club , a warehouse discounter, fell 2.6 per cent to $38.76 in spite of an increase in same-store sales that topped analysts’ average expectations for a 6.6 per centgain....
...Rival BJ’s Wholesale Club moved up 1.6 per cent to $39.61....
...Rival BJs Wholesale Club was one of the biggest fallers in the small-cap Russell 1000 index....
...BJ’s Wholesale Club , a discount warehouse chain, rose 1.5 per cent to $37.20 as the company said that it had increased its stock repurchase programme by $200m....
...BJ’s Wholesale Club reported lower sales from its third quarter than had been expected, pushing its shares down 2 per cent to $35.63....
...Goldman downgraded BJs Wholesale Club, however, the warehouse club that has prospered as shoppers look for bargains....
...BJs Wholesale Club, which has shown strength during the recession as customers snap up goods at wholesale prices, saw sales drop more than expected, hurt in part by lower petrol prices....
...Costco and BJ’s, the bulk warehouse club stores, reported US comparable sales gains of 6 per cent and 7.7 per cent, excluding their fuel sales....
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