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BJ’s Wholesale Club Reports Q2 Results with Membership Growth and Strong Digital Sales
BJ's Wholesale Club Holdings has announced its financial results for the second quarter, highlighting both strengths and areas of softness in its performance.
"Our business model continues to perform and build upon momentum, as we grow membership and gain market share even in a dynamic environment. We enter the back half of the year on solid footing and confident in our ability to deliver strong results," said Bob Eddy, Chairman and CEO of BJ’s Wholesale Club. “We are on a powerful trajectory and our...
Teamsters and Costco at an Impasse Ahead of Contract Deadline
The International Brotherhood of Teamsters has announced that negotiations with Costco reached an abrupt standstill on January 7, 2025.
Tension ignited with parties after Teamsters filed unfair labor practice charges against the company, citing incidents such as the expulsion of union representatives, harassment of employees wearing union buttons, removal of union literature, and changes to locks on union bulletin boards.
After weeks of discord, Costco rejected several key proposals put forth by the Teamsters, including vital language concerning seniority, inclement weather policies, paid family leave, bereavement policies...
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