BJ’s Cuts 114 Jobs In Natick

BOSTON (CBS/AP) – BJ’s Wholesale Club its cutting 114 jobs at its headquarters in Natick.

It will also close five stores by the end of the month, but none in New England.

Three stores in Atlanta will be shut down, along with one in Sunrise, Fla., and one in Charlotte, N.C. That will cut 380 jobs total.

The cuts were announced on the same day that BJ’s reported December revenue in stores open at least one year rose 3.8 percent.

BJ’s has 23,000 employees nationwide. It’s the third-largest warehouse club in the country.

The company also announced Wednesday that CFO Frank Forward is retiring and will be replaced by Robert Eddy, currently BJ’s director of finance.

(TM and © Copyright 2010 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2010 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

Comments

One Comment

  1. Cf says:

    I am so surprised since BJ’s was looking for people at Christmas and truly need help…
    I have also read BJ’s is in the process of being sold…well here we go…
    Someone else pulling out of Ma. just when the going it rough…BJ’s has made lots of money in Natick…
    I will not shop there again! I will give my business to Cotsco..

  2. DStein says:

    BJ’s is just trimming things up before the merger. I’m surprised their sales were up in 2010. Costco and Sam’s Club are significantly cheaper on almost everything. In fact, non-warehouse supermarkets like Market Basket are cheaper than BJ’s. I go in there an look at prices and walk out empty handed.

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