BJ's Wholesale Club Holdings Inc
NYSE:BJ

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BJ's Wholesale Club Holdings Inc
NYSE:BJ
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Price: 92.57 USD Market Closed
Market Cap: 12.2B USD
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BJ's Wholesale Club Holdings Inc
Investor Relations

BJ's Wholesale Club Holdings Inc. is a prominent player in the realm of membership-based retail, carving out a niche similar to but distinct from its larger competitors like Costco and Sam's Club. Established in 1984 and headquartered in Westborough, Massachusetts, BJ's operates a chain of warehouse clubs primarily along the Eastern Seaboard of the United States. The company's business model centers on selling a variety of goods—from groceries and electronics to household items and clothing—at lower prices by leveraging the economies of scale. This is facilitated through a membership structure that provides regular customers with access to these savings and exclusive deals. By requiring a membership fee, BJ's generates a steady stream of revenue that underpins its operations, funding investments in its expansive supply chain and infrastructure.

Crucially, BJ's differentiates itself through its focus on a smaller selection of high-turnover items, thus optimizing inventory management and supply chain efficiencies. The company is known for its private label brands, which offer higher margins than national brands, enhancing profitability. Additionally, BJ's strategic emphasis on providing gas stations at many of its locations serves as both a member benefit and an important revenue stream by driving traffic to the clubs for other purchases. By offering a balance of value and quality, BJ's meets the varied demands of its members while maintaining a keen eye on operational efficiency. This dual-pronged approach allows BJ's to continually adjust to the ever-changing retail landscape, ensuring that it remains a competitive option for families seeking value-driven bulk shopping experiences.

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Management

Mr. Robert W. Eddy
CEO & Chairman
No Bio Available
Ms. Laura L. Felice CPA, CGMA
Executive VP & CFO
No Bio Available
Mr. Paul Cichocki
Executive VP & Chief Commercial Officer
No Bio Available
Scott Schmadeke
Executive Vice President & Chief Operations Officer
No Bio Available
Ms. Anjana Harve
Executive VP & Chief Information Officer
No Bio Available
Ms. Catherine Park
Vice President of Investor Relations
No Bio Available
Mr. Graham N. Luce J.D.
Executive VP, General Counsel & Secretary
No Bio Available
Mr. Mark Griffin
Executive VP & Chief Human Resources Officer
No Bio Available
Ms. Monica Schwartz
Executive VP & Chief Digital Officer
No Bio Available
Ms. Rachael B. Vegas
Executive VP & Chief Merchandising Officer
No Bio Available

Contacts

Address
MASSACHUSETTS
Westborough
25 Research Dr
Contacts
+17745127400.0
www.bjs.com