Warehouse Club

Retailers

BJ's Wholesale Announces Three Exec Appointments

Rachael Vegas, who previously ran e-commerce for H-E-B, joins BJ's as EVP and chief merchandising officer, and two senior VPs who joined BJ's in 2020 move up.

Retailers

Costco Reports Strong Sales Gains, But Higher Costs Pressure Margins

Holding the line on prices, especially for fresh foods, somewhat offset 14.9% comp growth in Costco's fourth fiscal quarter, which ended Aug. 29

The non-membership warehouse club will join the parent of El Super and Fiesta Mart as Apollo flips the brand after 2 years at a tidy profit.

A relatively small unit by warehouse-club standards hopes to make a big splash in dense Long Island City, Queens.

Basket Economics: Led by another whopping quarter at BJ’s, the pandemic has emphasized wholesale strengths and is whetting the appetite for faster growth.

The membership club chain gained grocery share, members and traffic in the second quarter.

Christopher Baldwin, the membership warehouse club retailer's current chief exec, will take on executive director duties in February.

He was promoted from EVP and chief commercial officer and will continue to report to Chairman and CEO Christopher Baldwin.

The Walmart-owned warehouse division pilots new scanning technology to offer members easier shopping and instant product recognition without relying on barcodes.