September 3, 2009
BJ's Customers Cut Back In August
By Matthew L. Brown
Consumers determined to spend less brought BJ's Wholesale Club's August sales down 1.9 percent compared to the same month a year ago.
The Natick-based retailer said sales hit $757.6 million during the month compared to $772.6 million a year ago. Same-store sales declined by 6 percent and were hit particularly hard by lower gas prices and volumes.
Without the negative influence of gasoline sales, same-store sales increased by 2.2 percent. The company said the average transaction amount decreased by about 2 percent during the month while sales of food increased by about 4 percent, indicating price decreases across several food categories.
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