The Rhode Island-based wholesaler’s fiscal year ended Aug. 1 was defined by network optimization and profitability gains.
Category: Finance News
Market moves, funding, earnings, and financial strategy across the grocery industry.
Posted inCorporate Store News, BJ's Wholesale Club, Finance News, News, Northeast
BJ’s Membership Hits Record 8.5M As Q2 Comps Jump
Chairman and CEO Bob Eddy said BJ’s “value proposition continued to resonate with members in our clubs and at our gas stations.”
Expert Article
Twelve Times The Profit: What Separates Independent Grocery’s Leaders From The Field
The 2026 U.S. Independent Grocers Financial Study shows profit leaders earning 12 times the field. Most of the gap sits in the fresh perimeter.
Posted inNews, Finance News, National, Walmart
Walmart Reports Second-Quarter Revenue Growth of 5.9%
Walmart reported second-quarter revenue of $187.9 billion, up 5.9 percent, with e-commerce sales up 23 percent, and raised its full-year outlook.
Posted inAssociation News, Featured News, Finance News, National, News
Common Cents Act: 4 Things Grocers Should Know About Nickel Rounding
With the Common Cents Act moving through Congress, retailers are gaining legal authority to round cash transactions to the nearest nickel. Retail technology provider Ravyx offers insights on what grocers should know.
Posted inFinance News, Featured News, Merchandising News, National, News
Who Pays When A Recall Empties The Shelf?
Recalls trigger duplicate invoices, unclaimed credits and miscoded costs that quietly drain grocery margins, says Ottimate CEO Shawn Lane.
Posted inCorporate Store News, Featured News, Finance News, News, West
Grocery Outlet Q2 Sales Rise As Turnaround Efforts Gain Traction
The results exceeded the company’s outlook, attributed to better opportunistic product mix and value perception.
Posted inFinance News, Featured News, Grocery Research, National, News
NRF: Retail Sales Post 10th Straight Month Of Growth In July
Retail sales rose for the 10th consecutive month in July, with grocery up 4.52 percent year over year, according to the CNBC/NRF Retail Monitor.