NATICK, Mass. - Marketing initiatives designed to drive traffic and sales fell below plan, and high gas prices cut into profits at BJ's Wholesale Club, the retailer here said last week. The company subsequently slashed its full-year sales and earnings expectations and said it would slow its new-store opening program. "We expected better and know we can do better," Michael Wedge, chief executive officer, said in a conference call discussing results for the fiscal second quarter that ended ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

Salary Survey 2015

Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.

Click here to read the FAQ page if you have any questions (opens in a new window)

Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.