BJ’s Cyber Monday
BJ’s Cyber Monday deals are live now! Don’t miss the Biggest Online Shopping Day of the Year!
If you don’t know what Cyber Monday is, Wikipedia states that Cyber Monday is a marketing term for the Monday after Black Friday, the Friday following Thanksgiving in the United States, created by companies to persuade people to shop online. The term made its debut on November 28, 2005 in a Shop.org press release entitled “‘Cyber Monday’ Quickly Becoming One of the Biggest Online Shopping Days of the Year”.
According to the Shop.org/BizRate Research 2005 eHoliday Mood Study, “77 percent of online retailers said that their sales increased substantially on the Monday after Thanksgiving, a trend that is driving serious online discounts and promotions on Cyber Monday this year (2005)”. In 2010, comScore reported that consumers spent $1.028 Billion online on Cyber Monday (excluding travel, 2009: $887M), the highest spending day of 2010.
Store Overview of BJs.com
Headquartered in Westborough, MA, BJ’s Wholesale Club, Inc. (www.bjs.com), is a leading operator of membership warehouse clubs in the Eastern United States. The Company currently operates over 190 Clubs in 15 states from Maine to Florida and employs more than 24,000 Team Members.
On September 30, 2011, BJ’s Wholesale Club was acquired by Beacon Holding Inc., an affiliate of Leonard Green & Partners, L.P., and funds advised by CVC Capital Partners. Historical SEC filings can be obtained from http://www.sec.gov/edgar.shtml.
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