Food, Shrink Improvement Drive BJ’s Q1

Improvements in fresh food presentation and shrink control, along with a continuing consumer flight to value, brought store traffic to a five-year high and boosted quarterly earnings at BJ’s Wholesale Club, officials said Wednesday.

NATICK, Mass. — Improvements in fresh food presentation and shrink control, along with a continuing consumer flight to value, brought store traffic to a five-year high and boosted quarterly earnings at BJ’s Wholesale Club here, officials said Wednesday.

The warehouse club posted net income of $24.3 million on sales of $2.3 billion during the fiscal first quarter, which ended May 2. Overall sales were down slightly from the same period a year ago due mainly to gasoline price def

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