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BJ's Wholesale Club Kicks Off the New Year with Grand Opening of Selma, NC Club

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North Carolina's newest club will open on January 23 BJ's Wholesale Club (NYSE:BJ) announced today that its location in Selma, North Carolina, will open on January 23. The club at 370 Trinity Springs Lane is BJ's

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AI Summary

BJ's opens its 11th North Carolina location on January 23. The new club offers up to 25% savings on groceries. BJ's Gas opened earlier, benefiting customers with low fuel prices. Community support includes regular food donations to local food banks. Exclusive offers available for new members joining the Selma location.

Sentiment Rationale

The expansion into North Carolina indicates growth potential, similar to BJ's previous openings which boosted stock prices. Historical evidence shows that new locations often improve customer acquisition and revenue.

Trading Thesis

Initial sales boost from the new club is likely visible in quarterly earnings. New memberships and promotional activities contribute to immediate revenue increase.

Market-Moving

  • BJ's opens its 11th North Carolina location on January 23.
  • The new club offers up to 25% savings on groceries.
  • BJ's Gas opened earlier, benefiting customers with low fuel prices.

Key Facts

  • BJ's opens its 11th North Carolina location on January 23.
  • The new club offers up to 25% savings on groceries.
  • BJ's Gas opened earlier, benefiting customers with low fuel prices.
  • Community support includes regular food donations to local food banks.
  • Exclusive offers available for new members joining the Selma location.

Companies Mentioned

  • COST (COST)
  • WMT (WMT)
  • TGT (TGT)

Corporate Developments

The opening of a new location can significantly affect revenue and market presence, especially in a growing region like North Carolina.

North Carolina's newest club will open on January 23

BJ's Wholesale Club (NYSE:BJ) announced today that its location in Selma, North Carolina, will open on January 23.

The club at 370 Trinity Springs Lane is BJ's 11th location in North Carolina. The on-site BJ's Gas station offers everyday low fuel prices and potential extra savings through BJ's Fuel Savers Program. The gas station opened on January 7.

BJ's offers unbeatable value on everyday essentials in a convenient one-stop shop. Members save on fresh foods, produce, full-service deli items, fresh bakery goods, household essentials, home décor, pet supplies, toys, consumer electronics and more. BJ's members love the true treasure-hunt shopping experience, discovering new and exciting items with each visit.

"BJ's Wholesale Club is dedicated to serving the families who depend on us," said Amanda Sullivan, Club Manager, Selma BJ's Wholesale Club. "We can't wait to bring unbeatable value and savings of up to 25% off grocery store prices every day to the Selma community. Our convenient shopping options, like curbside pickup and same-day grocery delivery, help members save time as well as money."

BJ's has a long-standing commitment to nourishing its communities. For over 15 years, it has worked with Feeding America and its network of food banks, providing more than 155 million meals for those in need. In Selma, BJ's is partnering with Inter-Faith Food Shuttle by regularly donating produce, meat, dairy products and more to support the community.

"We're thrilled to expand our partnership with BJ's Wholesale Club as it opens a new location in Selma," said L. Ron Pringle, President and CEO of Inter-Faith Food Shuttle. "BJ's commitment and support are invaluable as we work to address food insecurity in our communities."

BJ's members can choose from several time-saving options, whether shopping online or in-club. Curbside pickup, in-club pickup, same-day delivery* and shipping are available on BJs.com. Members shopping in-club can use ExpressPay** through the BJ's mobile app to scan products as they shop and skip the checkout line.

Additional member perks include:

  • Unbeatable grocery prices: Members can save up to 25% off grocery store prices every day
  • A risk-free membership: Shoppers can try BJ's risk-free with the company's 100% money-back guarantee
  • BJ's coupons + manufacturers' coupons: Members can combine BJ's coupons with many manufacturers' coupons to maximize savings
  • BJ's Gas: Members can fill up at any BJ's Gas station at low prices. Plus, members can save even more through BJ's Fuel Savers Program

Local shoppers can join the new club now with limited-time exclusive offers. New members can sign up for a 1-year BJ's Club membership for $20 with BJ's Easy Renewal® or choose a 1-year BJ's Club+ membership for $50 with BJ's Easy Renewal®. BJ's Club+ members get 5¢ off/gal at BJ's Gas and earn 2% back in rewards on most BJ's purchases. Terms apply. Learn more at BJs.com/Selma.

About BJ's Wholesale Club Holdings, Inc.

BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) is a leading operator of membership warehouse clubs focused on delivering significant value to its members and serving a shared purpose: "We take care of the families who depend on us." The company provides a wide assortment of fresh foods, produce, a full-service deli, fresh bakery, household essentials, various exclusive offerings, gas and more to deliver unbeatable value to smart-saving families. Headquartered in Marlborough, Massachusetts, the company pioneered the warehouse club model in New England in 1984 and currently operates 260 clubs and 196 BJ's Gas® locations in 21 states. For more information, please visit us at BJs.com or on Facebook, or Instagram.

About Inter-Faith Food Shuttle

Inter-Faith Food Shuttle believes hunger is unacceptable and is dedicated to feeding families in central North Carolina. Its mission is to FEED our neighbors, TEACH self-sufficiency, and GROW healthy foods by cultivating innovative approaches to end hunger. The Food Shuttle recovers and distributes over 14 million pounds of food annually and serves a seven-county area, which includes Wake, Durham, Johnston, Orange, Chatham, Nash, and Edgecombe counties.

All BJ's memberships are subject to BJ's current membership terms; ask in-club or visit BJs.com/terms.

*Not available in all ZIP codes. Log in to your account to confirm availability.

**Terms apply. Visit bjs.com/expresspay for more details.

Media:

Kirk Saville

Head of Corporate Communications

BJ's Wholesale Club

ksaville@bjs.com

774-512-5597

Briana Keene

Sr. Manager, External Communications

BJ's Wholesale Club

bkeene@bjs.com

774-512-6802

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