FACTOID # 155: Australia has more than 28 times the land area of New Zealand, but its coastline is not even twice as long.
 
 Home   Encyclopedia   Statistics   Countries A-Z   Flags   Maps   Education   Forum   FAQ   About 
 
 
 
WHAT'S NEW
RECENT ARTICLES
More Recent Articles »
 

SEARCH ALL

FACTS & STATISTICS    Advanced view

Search encyclopedia, statistics and forums:

 

 

(* = Graphable)

 

 


Encyclopedia > BJ's Wholesale Club
BJ's Wholesale Club
Type Public (NYSEBJ)
Founded 1984
Headquarters Natick, Massachusetts
Key people Herbert Zarkin, CEO
Industry Retail
Products Produce, meat, seafood, fresh baked goods, dairy, flowers, clothing, books, software, home electronics, jewelry, and furniture.
Revenue $9.01 billion (2008)
Employees 20,800[1]
Website www.bjs.com

BJ's Wholesale Club, Inc. (NYSEBJ) is a membership-only warehouse club chain operating on the United States East Coast, as well as in the state of Ohio.[2] The company is also ranked 287 on Fortune magazine's 2007 listing of America's 500 largest public corporations.[3] This article does not cite any references or sources. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... This article is about the year. ... Natick Common, Halloween 2004 Natick (Pronunciation IPA: ) is a town in Middlesex County, Massachusetts, United States. ... Chief Executive redirects here. ... Drawing of a self-service store. ... For the tax agency in Ireland of the same name, see Revenue Commissioners. ... This article is about work. ... A website (alternatively, web site or Web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or more web servers, usually accessible via the Internet. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... A warehouse club is a retail store selling a small amount of merchandise in terms of variety. ... Regional definitions vary from source to source. ... This article is about the U.S. State. ... Categories: Magazines stubs | Time Warner subsidiaries | Business magazines ...

Contents

History

The company was started by Zayre, a discount department store chain, in 1984, on the Medford/Malden border in Massachusetts. This was and still is the company's flagship store. This article does not cite any references or sources. ... Location in Massachusetts Coordinates: , Country United States State Massachusetts County Middlesex County Settled 1630 Incorporated 1630 Government  - Type Mayor-council city  - Mayor Michael J. McGlynn Area  - City  8. ... Location in Massachusetts Coordinates: Country United States State Massachusetts County Middlesex County Settled 1640 Incorporated 1649 Government  - Type Mayor-council city  - Mayor Richard C. Howard Area  - City  5. ... This article is about the U.S. state. ...


When Zayre sold their own nameplate to rival discount chain Ames, TJX Companies was formed. TJX spun off their warehouse division, consisting of BJ's and now defunct HomeClub (later known as HomeBase, then House2Home), to form Waban, Inc. Later, Waban spun off BJ's to become an independent company headquartered in Natick, Massachusetts. This article does not cite any references or sources. ... The TJX Companies, Incorporated (NYSE: TJX) is the largest international apparel and home fashions off-price department store chain, based in Framingham, Massachusetts in the United States. ... For other uses, see Homebase (disambiguation). ... Natick Common, Halloween 2004 Natick is a town located in Middlesex County, Massachusetts. ... This article is about the U.S. state. ...


The letters B and J stand for Beverly Jean, a daughter of one of the founders. They are commonly misinterpreted to stand for Berkley and Jensen, a brand name sold in their stores.[4]


BJ's today

BJ's Wholesale Club in Virginia
BJ's Wholesale Club in Virginia

As of April 2008, BJ's operates 177 BJ's clubs in 16 states and employs over 19,500 Team Members (both full and part-time). Its major competitors are Costco and Sams Club. Image File history File links BJs_Wholesale_Club_VA.jpg‎ File links The following pages on the English Wikipedia link to this file (pages on other projects are not listed): Warehouse club BJs Wholesale Club ... Image File history File links BJs_Wholesale_Club_VA.jpg‎ File links The following pages on the English Wikipedia link to this file (pages on other projects are not listed): Warehouse club BJs Wholesale Club ... This article is about the U.S. state. ... Costco Wholesale Corporation (NASDAQ: COST) is the largest membership warehouse club chain in the world based on sales volume, headquartered in Issaquah, Washington, United States,[1] with its flagship warehouse in nearby Seattle. ... Sams Club, spelled by Wal-Mart Stores, Inc. ...


BJ's offers a variety of special benefits to its members. These include member pricing, a variety of name-brand products at discount wholesale prices, acceptance of all valid manufacturers' coupons, and acceptance of many forms of payment (cash, check, ATM/debit cards, and all major credit cards). Some clubs also accept food stamps. In finance, discounting is the process of finding the current value of an amount of cash at some future date, and along with compounding cash from the basis of time value of money calculations. ... Wholesaling consists of the sale of goods/merchandise to retailers, to industrial, commercial, institutional, or other professional business users or to other wholesalers and related subordinated services. ... Manufacturing is the transformation of raw materials into finished goods for sale, or intermediate processes involving the production or finishing of semi-manufactures. ... A coupon is a ticket or document that can be exchanged for a financial discount on a product. ... For other uses, see Cash (disambiguation). ... Example of a Canadian cheque. ... Cash machine redirects here. ... This article needs cleanup. ... A credit card system is a type of retail transaction settlement and credit system, named after the small plastic card issued to users of the system. ...


Memberships at BJ's are required for these benefits and are available to individual consumers and businesses. BJ's memberships normally last for 12 months from the date of purchase and are required to be renewed yearly to maintain their validity. As of March 2008, a standard individual membership at BJ's costs $45 per year. In addition, BJ's also has a special "Rewards" membership that may be purchased for an additional $35, allowing 2% of all of a member's purchases to be "rewarded" and redeemed for use towards future BJ's purchases. Business members may apply to purchase BJ's products for resale, and those of nonprofit organizations may apply for tax-exempt privileges (where applicable). Members with expired memberships (if they choose not to renew), as well as non-members are allowed to shop, but are assessed a 5-15% surcharge (depending on the club and the circumstances) on their total, and are not allowed to pay by check. However, if non-members keep their receipts with the surcharges shown on them, and they total to at least $45, they can use that for a membership. To aid in convenience, most BJ's memberships can be renewed at the register during checkout. Note that once the membership is purchased, it is fully refundable within 90 days.[5] In economics, consumers are individuals or households that consume goods and services generated within the economy. ... Historically, the term business referred to activities or interests. ... A non-profit organization (often called non-profit org or simply non-profit or not-for-profit) can be seen as an organization that doesnt have a goal to make a profit. ... A sales tax is a consumption tax charged at the point of purchase for certain goods and services. ... An overprint is the addition of text (and sometimes graphics) to the face of a postage stamp after it has been printed. ... Antique crank-operated cash register This article is about the cash register. ... POS must not be confused with EFT/POS and POS Terminal used in Electronic payment POS or PoS is an acronym for point-of-sale (or point of purchase). ...


Many of BJ's clubs offer special services to members, such as gas stations, home heating oil, propane filling, an optical department, car rentals, and vacation packages. These services vary from location to location. As of 2008, there were 153 Clubs with optical departments, and 100 Clubs with gas stations. As of 2007, BJ's has decided to close all pharmacy operations in its clubs. Modern gas station A filling station, gas station or petrol station is a facility that sells fuel for road motor vehicles – usually petrol (US: gas/gasoline), diesel fuel and LPG. The term gas station is mostly particular to the United States of America and Canada, where petrol is known as... Heating oil, or burning oil, also known in the United States as No. ... Propane is a three-carbon alkane, normally a gas, but compressible to a liquid that is transportable. ... See also list of optical topics. ... Modern gas station A filling station, gas station or petrol station is a facility that sells fuel for road motor vehicles – usually petrol (US: gas/gasoline), diesel fuel and LPG. The term gas station is mostly particular to the United States of America and Canada, where petrol is known as...


Shoppers at BJ's wholesale club should also keep in mind that they may be subject to a different variety of products depending on which store they visit. Not all clubs carry the same items and therefore it provides a unique shopping experience for each shopper. Generally as a rule of thumb all clubs carry the items listed in the coupon book that is mailed to each members home on a bi-monthly basis, However, at certain times, it is not uncommon for a certain club to not carry a new item immediately due to its higher demand.


As of January 2008, the company has attempted to make all clubs similar. Previously a number of clubs have had music playing 24/7. This has become a normal trend in almost all stores, as of February 2008.


Home brands

  • Berkeley & Jensen: BJ's own house-brand which makes many products ranging from foodstuffs and health care products to tires and recordable CDs.
  • Lanesboro: BJ's own line of apparel, including jackets, undergarments, sportswear, workwear, and accessories.
  • Rozzano: BJ's line of Italian foods, including pasta and pasta sauces, fresh cheeses, and frozen pizzas.
  • Wellesley Farms: BJ's upscale, private-label line of fresh foods. The line includes a full selection of dairy products, heat-and-eat meals, produce and fresh and smoked meats
  • Executive Choice: Office Supplies and other hardline goods

Distribution centers

As of 2008, three cross dock distribution centers are in operation. To meet Wikipedias quality standards, this article or section may require cleanup. ...

  • Uxbridge, MA
    • Size: 618,000 square feet.
    • Serving 70 Clubs
    • Owned Facility
  • Burlington, NJ
    • Size: 634,000 square feet.
    • Serving 62 Clubs
    • Leased Facility
  • Jacksonville, FL
    • Size: 480,000 square feet.
    • Serving 45 Clubs
    • Owned Facility

Uxbridge is a town located in Worcester County, Massachusetts. ... The City of Burlington highlighted in Burlington County. ... Jacksonville redirects here. ...

See also

Costco Wholesale Corporation (NASDAQ: COST) is the largest membership warehouse club chain in the world based on sales volume, headquartered in Issaquah, Washington, United States,[1] with its flagship warehouse in nearby Seattle. ... Sams Club is a membership-only warehouse club owned and operated by Wal-Mart Stores, Inc. ...

References

  1. ^ http://www.sec.gov/Archives/edgar/data/1037461/000119312508067267/d10k.htm
  2. ^ http://www.bjsinvestor.com/profile.cfm
  3. ^ http://money.cnn.com/magazines/fortune/fortune500/2007/full_list/201_300.html
  4. ^ http://www.sptimes.com/2006/05/26/Northoftampa/BJ_s__rival_of_Sam_s_.shtml
  5. ^ http://www.bjs.com/help/faq_mem.shtml

External links


  Results from FactBites:
 
BJ’S Wholesale Club Settles FTC Charges (729 words)
BJ’s Wholesale Club, Inc. has agreed to settle Federal Trade Commission charges that its failure to take appropriate security measures to protect the sensitive information of thousands of its customers was an unfair practice that violated federal law.
According to BJ's SEC filings, as of May 2005, the amount of outstanding claims was approximately $13 million.
The FTC alleges that BJ’s failure to secure customers’ sensitive information was an unfair practice because it caused substantial injury that was not reasonably avoidable by consumers and not outweighed by offsetting benefits to consumers or competition.
  More results at FactBites »


 
 

COMMENTARY     


Share your thoughts, questions and commentary here
Your name
Your comments

Want to know more?
Search encyclopedia, statistics and forums:

 


Lesson Plans | Student Area | Student FAQ | Reviews | Press Releases |  Feeds | Contact
The Wikipedia article included on this page is licensed under the GFDL.
Images may be subject to relevant owners' copyright.
All other elements are (c) copyright NationMaster.com 2003-5. All Rights Reserved.
Usage implies agreement with terms, 1022, m