BJ's Wholesale Strengthens NJ Presence With New Whippany Club

Core Insights - BJ's Wholesale Club is opening its 25th location in Whippany, New Jersey, on March 21, 2025, featuring an on-site gas station and a focus on providing value-driven shopping experiences [1][2]. Product Offering - The Whippany location will offer a wide range of products, including fresh foods, household essentials, and consumer electronics, with members enjoying savings of up to 25% off grocery store prices [2][7]. Membership Benefits - New members can sign up for a one-year Club Card Membership for $25, with a Club+ Card Membership available for$70, offering additional benefits such as gas discounts and rewards [6][7]. Growth Metrics - BJ's Wholesale has achieved a membership growth of over 7.5 million members with a 90% renewal rate, contributing to its strong growth trajectory [8][9]. Digital and E-commerce Initiatives - The company reported a 26% year-over-year increase in digitally enabled comparable sales, driven by enhanced e-commerce experiences and expanded product assortments [9][10]. Expansion Strategy - BJ's plans to open 25-30 more locations over the next two fiscal years, continuing its expansion strategy alongside the opening of seven clubs and 12 gas stations in fiscal 2024 [9][10]. Stock Performance - BJ's stock has gained 17.9% over the past three months, outperforming the industry growth of 1.6% [11].