company overview as the smallest of nation s three major membership warehouse club operators bj wholesale occupies a somewhat precarious position leading to slew acquisition rumors over last several years but all speculation has been for naught and existing management appears focused on taking measures improve operations applying lessons learned from its research & development clubs in cape coral kissimmee fl third r&d is slated open fort meyers during fourth quarter focusing following i increasing food private label sales enhance profitability ii improving flagging general merchandise category particularly consumer electronics apparel jewelry departments drive top line growth iii expanding by appealing new prospective member groups not previously targeted also launched e commerce will ramp them up time this year holiday selling season while primary focus centered adding refrigerated cases reinventing opening store pharmacies gas stations lines reducing sku count continues pursue tepid expansion
