BJ's Wholesale Club, Inc. Reports September Sales.Business Editors NATICK, Mass.--(BUSINESS WIRE)--Oct. 5, 2000 BJ's Wholesale Club BJ's Wholesale Club, Inc. NYSE: BJ is a membership-only warehouse club chain operating in the East Coast of the United States, as well as in the state of Ohio. History , Inc. (NYSE NYSE See: New York Stock Exchange :BJ) today reported that sales for September increased by 16.5% to $434 million from $372 million recorded in September 1999. Comparable club sales rose by 5.9% for the month and have increased by 6.2% year-to-date. The company also reported it opened one new club during September in Parkland, Florida Parkland is a city in Broward County, Florida where zoning laws are designed to protect the "parklike" character of the city. Initially, there were no stores in Parkland, though this changed in the early 2000s. As of 2006, the population estimated by the U.S. . Jack Nugent, president and chief executive officer, commented, "BJ's September sales benefited from continued strong demand for women's apparel, computers and related accessories and jewelry jewelry, personal adornments worn for ornament or utility, to show rank or wealth, or to follow superstitious custom or fashion. The most universal forms of jewelry are the necklace, bracelet, ring, pin, and earring. . Tire sales have also been very strong, as have sales of sporting goods Noun 1. sporting goods - sports equipment sold as a commodity commodity, trade good, good - articles of commerce sports equipment - equipment needed to participate in a particular sport . We are particularly pleased to report the continuation of excellent sales in our perishable food departments. Nugent continued, "BJ's comparable club sales performance was negatively affected by significant hurricane-related sales in 1999. We estimate this impact to be in excess of 1%."
Sales Results for September
($ in thousands)
Five Weeks Ended % Change
September 30, October 2, Net Comp.
2000 1999 Sales Sales
$433,633 $372,363 16.5% 5.9%
Thirty-Five Weeks Ended % Change
September 30, October 2, Net Comp.
2000 1999 Sales Sales
$2,985,315 $2,545,977 17.3% 6.2%
BJ's Wholesale Club introduced the wholesale club concept to New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. in 1984, and has since expanded to become a leading warehouse chain in the eastern United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . BJ's currently operates 113 clubs compared with 101 one year ago. BJ's press releases and filings with the Securities and Exchange Commission are available on the Internet at www.bjs.com. |
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