Press Release

Holiday Shoppers Seek Warehouse Clubs for Variety and Low Prices

BJ's Offers One-Stop-Shopping at Significant Savings for All Holiday Needs

October 23, 2001 8:15 AM EDT

NATICK, Mass. -- Now more than ever consumers are searching for ways to stretch their holiday dollars. From low everyday prices to one-stop-shopping convenience, it's no surprise that more than six and a half million Members choose BJ's Wholesale Club for the great values they find on holiday gift-giving and party planning needs.

"Consumers can save money this holiday season by shopping in wholesale clubs like BJ's," says George Whalin, President of Retail Management Consultants and author of Retail Success! "I believe that consumers will be more cautious this year than any time in the last ten years. This means taking advantage of the great buys available in retail outlets like BJ's."

BJ's Wholesale Clubs are stocked with national name brand food and merchandise -- everything from electronics, books, sporting goods, jewelry, fashion, and appliances to U.S.D.A. "choice" meats, fresh produce and baked goods. With more than 6,500 items to choose from, BJ's Members can find significant values including:

  • 50% off greeting cards and gift wrap
  • 43% off New York Times Bestsellers
  • 150% jewelry appraisal guarantee

BJ's offers low everyday prices with average margins that are 10 to 12 percent. Compare this to the average margins at supermarkets, discount stores, and department stores which are about 25 percent, 30 percent and 50 percent, respectively. Across product lines, consumers can save 20 to 30 percent at BJ's, making BJ's a destination for holiday shoppers.

With low everyday prices and a large assortment of brand name products, BJ's offers shoppers an array of gift ideas, such as Movado watches, Mikasa crystal, KitchenAid mixers, Casio keyboards, Olympus digital cameras, Toshiba televisions, Disney videos and DVDs, and an assortment of basics like cuddly fleece robes and brand-name sweatshirts. Members can also stock up on their favorite toys including Fisher-Price, Barbie, Legos, and Lincoln Logs, or hot new items like Rumble Robots and Harry Potter Hogwarts School.

With more consumers planning to entertain at home this holiday season, BJ's helps families save money on everything from gourmet hors d'oeuvres, delicious desserts, international cheeses and an array of top quality items from BJ's extensive fresh meat department. Members can save up to 26% shopping BJ's for holiday entertaining over supermarkets.

"BJ's has been a wonderful help to my catering business!" say Joe and Bernice Capozzi, owners of The Creative Caterers of Sarasota, Fla. "BJ's has a great selection of top-quality appetizers and entrees at low wholesale prices, the perfect shopping destination for any holiday party or dinner."

BJ's offers shoppers a cache of party fare, featuring stuffed mushrooms, jumbo shrimp, Perugina and Ferrero Rocher chocolate collections, U.S.D.A. "choice" meats, duck breast, Perdue turkey and Carando ham, Hershey's chocolate mousse cake, mini cream puffs and eclairs, and BJ's own fresh baked goods. BJ's even carries the crystal goblets for a holiday toast!

All businesses and consumers are welcome to join BJ's, the only wholesale club with no membership qualifications or restrictions. The membership fee is $40 annually and includes a second membership card at no additional cost. A primary business membership for $40 includes one supplemental card. Additional supplemental membership cards are available for $20 each.

Headquartered in Natick, Massachusetts, BJ's Wholesale Club, Inc. is a leading operator of warehouse clubs in the eastern United States, with 123 clubs in the chain. In 2000, sales totaled $4.8 billion. BJ's common stock is listed on the New York Stock Exchange under the symbol "BJ". For more information on BJ's, log on to http://www.bjs.com/.

SOURCE: BJ's Wholesale Club, Inc.

Contact: Annunziata Sodano of BJ's, +1-508-651-6857