Warehouse Club


Costco Wholesale sees slowing sales momentum in Q3

Online sales decrease for third consecutive quarter, while net earnings dip year over year.


BJ’s CEO Bob Eddy named chairman

Former executive chairman and CEO Chris Baldwin will remain on the board.

Warehouse club giant sees improved performance after lackluster results in the previous month.

The new club will be located in La Vergne, 20 miles southeast of downtown Nashville, in Rutherford County.

Costco, Sam’s Club and BJ’s are drivng expansion and membership—and taking food dollars from traditional grocers, a CFRA Research analysis shows.

The Walmart-owned warehouse retailer is shaving $40 off its membership price for first-timers for a very limited time.

The Marlborough, Massachusetts-based club retailer is offering 50 cents off per gallon of gas to members who spend at least $150 on the same day.

Warehouse club chain laps strong year-ago growth in posting results not seen since onset of pandemic.

“2022 was a record year, having surpassed $1 billion in adjusted EBITDA for the first time in the company’s history,” CEO Bob Eddy said Thursday.

A new club in Madison, Alabama, deepens the retailer's westward expansion.

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