BJ's Eyes Fuel Expansion

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BJ's Eyes Fuel Expansion

05/01/2002
WASHINGTON -- BJ's Wholesale Club Inc. expects capital expenditures of about $180 million for the fiscal year ending Feb. 1, 2003, a more than 8-precent jump over the $166.3 million it spent in the year ended Feb. 2.

According to a Form 10-K filed with the Securities and Exchange Commission, the company expects to use a large portion of its expenditures to fund 20 to 25 gas stations.

The wholesale club retailer, which operates 125 stores, also plans to open 13 or 14 new clubs in the fiscal year. It opened 12 clubs and 21 gas stations over the past year.