BJ's Wholesale Club Holdings Inc
Investors could get a reprieve from vicious stock sell-off in week ahead
Investors could get a reprieve in the week ahead from the vicious selling cycle that has gripped the stock market since late March. Stocks bounced off of Thursday’s washout lows and were set to exit the week with reduced losses after Friday’s rally. Buyers on Friday hunted for bargains among small caps, biotechnology names, the […]
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BJ’s Wholesale says judge should toss Walmart’s patent lawsuit over self-checkout app
Warehouse club BJ’s Wholesale is calling on a federal judge to toss a patent lawsuit filed by Walmart, saying the retail giant is trying to protect a self-checkout app that’s based on technology that retailers have used for more than a decade. “Nothing about Sam’s Club’s Scan & Go processes is inventive or unconventional; indeed, […]
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Walmart dangles deeper gas discounts to attract and retain members of subscription service
As prices climb at the grocery store and gas station, Walmart said Wednesday that it will offer deeper discounts on fuel to nudge more customers to join and renew Walmart+. Chris Cracchiolo, senior vice president and general manager of the subscription service Walmart+, said the everyday expense is on the minds of many shoppers, “especially […]
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There’s more upside ahead for Costco and BJ’s Wholesale thanks to their lower prices, Loop says
Rising prices could drive consumers to club retail stores, according to Loop Capital Markets. Source
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CEO of online grocer Boxed says if gas prices stay high, so will grocery bills
Online grocer Boxed CEO Chieh Huang said shoppers may have to get used to paying more to fill up the fridge and pantry — especially if gas prices stay elevated. Huang told CNBC’s “TechCheck” higher fuel prices are the main driver of steeper costs in the company’s e-commerce business. Boxed sells bulk groceries, which are […]
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Cheaper doughnuts, free gas cards and more: Retailers and restaurants woo consumers who are feeling pain at the pump
A car is pumping gas at a Costco gas station. The conflict between Ukraine and Russia resulted in increased gas prices in the United States in the past two weeks. Michael Ho Wai | Lightrocket | Getty Images Along with fried chicken, biscuits and iced tea, family meals at Southern fast-food chain Bojangles now include […]
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Walmart sues BJ’s Wholesale claiming it stole self-checkout technology
Shoppers stock up on merchandise at a Sam’s Club store on January 12, 2018 in Streamwood, Illinois. Scott Olson | Getty Images Walmart and its big-box warehouse subsidiary Sam’s Club accused rival retailer BJ’s Wholesale Club in a lawsuit filed Tuesday of stealing technology that powers a popular self-checkout option in the Sam’s Club mobile […]
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