![]() ![]() To make shopping convenient, BJ’s Wholesale Club provides a buy now, pay later payment option to its members through Citizens Pay. These enable members to buy, review products and digitally add coupons to their membership card. It has built a strong digital portfolio with Bjs.com,, , as well as BJ’s mobile app. Excluding the impact of gasoline sales, comparable club sales rose 7.6%, driven by traffic growth and gains in market share led by grocery and perishable categories.īJ's Wholesale Club has been directing resources toward expanding digital capabilities to better engage with members and provide them with a convenient way to shop, including same-day delivery, curbside pick-up and buy-online, pickup-in-club. Markedly, total comparable club sales jumped 19.8% in the second quarter of fiscal 2022. While the membership fee income jumped 11.3% year over year, the member count increased 6% in the second quarter, buoyed by healthy renewal rates and membership acquisitions. These endeavors have contributed to growth in membership signups and renewals, resulting in higher membership fee income and decent comparable club sales growth. Own brands penetration increased 200 basis points to 25% of merchandise sales in the second quarter of fiscal 2022. Let’s Delve DeeperīJ's Wholesale Club’s focus on simplifying assortments, boosting marketing and merchandising capabilities, expanding into high-demand categories as well as building its own-brands portfolio bodes well. The company has been sparing no effort to bolster omnichannel operations and ramp up delivery services. Its relentless efforts to boost the membership base, simplify assortments, enhance digital capabilities and accelerate club openings have been contributing to sales. ![]() BJ, one of the leading operators of membership warehouse clubs, has been reinforcing its position in the industry with its strong customer value proposition and business model.
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