NATICK, Mass. — Improvements in fresh-food presentations and in shrink control, along with a continuing consumer flight to value, brought store traffic to a five-year high and boosted quarterly earnings at BJ's Wholesale Club here, officials said last week.
The warehouse-club operator posted net income of $24.3 million on sales of $2.3 billion during the fiscal first quarter, which ended May 2. Overall sales were down slightly from the same period a year ago, due mainly to gasoline price ...
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