by Mike Duff | Jan 23, 2024 | Retail Articles
Amazon has brought in new leadership to oversee a $1 billion technologies fund to establish more effective supply chain and distribution operations. In 2022, the company launched the Amazon Industrial Innovation Fund, a $1 billion venture investment program designed...
by Mike Duff | Oct 31, 2023 | Retail Articles
As the company maintains westward expansion, BJ’s Wholesale Club announced that its first Alabama store will open Friday in Madison. Over the past two years, BJ’s has moved beyond the company’s East Coast market area, opening its first stores in Michigan and...
by Mike Duff | May 23, 2023 | Retail Articles
BJ’s Wholesale Club posted lower adjusted net income for the first quarter while comparable sales advanced versus the year-past period. For the quarter, company net income was $116.1 million, or 85 cents per diluted share, versus $112.5, or 82 cents per diluted share,...
by Mike Duff | Apr 13, 2023 | Retail Articles
Sam’s Club is marking its 40th birthday this month with activations that celebrate membership, including in-club events, an exclusive café item and more than $100 in savings and rewards for members, as well as a membership offer that sets the price as low as $10...
by Mike Duff | Mar 9, 2023 | Retail Articles
The fourth quarter was a good one for BJ’s with comparable sales up solidly and earnings gaining more than enough to beat a Wall Street estimate. Net income was $129.8 million, or 95 cents per diluted share, versus $107.6 million, or 78 cents per diluted share, in the...
