BJ's Is Attracting Cost-Conscious Shoppers With Private-Label Products -- Market Talk

Dow Jones03-05 23:09

1009 ET - Shoppers are spending their dollars carefully, and BJ's Wholesale Club is benefiting from that cost-consciousness, CEO Bob Eddy says on a call with analysts. The warehouse club's commitment to value is one of the reasons it is seeing steady renewal rates, strong traffic and healthy unit growth in its core businesses, Eddy says. "Our advantage structure allows us to consistently deliver meaningful savings up to 25% better than traditional grocery, and we are relentless about maintaining that edge for members," he says. BJ's is also benefiting from its expanding assortment of owned-brand products, which accounted for more than a quarter of sales last year. "These products offer significant savings and are an increasingly important part of how families shop our clubs," Eddy says. "That loyalty, combined with higher margins, makes this effort powerful for our company." (connor.hart@wsj.com)

(END) Dow Jones Newswires

March 05, 2026 10:09 ET (15:09 GMT)

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