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BJ's Expands Home Heating Oil Program

Publication: Retail Merchandiser
Date: Tuesday, September 28 2004
NATICK, MA -- BJ's Wholesale Club today announced that the company is expanding its home heating oil program to more than 80 locations throughout eight states from Pennsylvania to Maine. Launched last year in 45 locations, BJ's Home Heating Oil Advantage provides a cost-effective purchase option exclusively

for its members.

As the first of its kind in the retail industry, BJ's innovative program mirrors the wholesale business model by purchasing in large volume and passing the savings on to its members. Based on independent research conducted by PriceEnergy, a leading innovator in the heating oil industry, BJ's members, on average, saved more than 20% on each gallon of heating oil during the 2003/2004 heating season. This is compared to the average price paid by other homeowners, as reported by the Department of Energy, Energy Information Administration Average Retail Heating Oil Price for the same season.

"BJ's expansion of our home heating oil program comes at a time when price fluctuations are leaving consumers frustrated," says Brian Earley, vp, fuel and automotive operations for BJ's Wholesale Club. "Oil prices have reached record highs this year, and as a result, consumers are painstakingly searching for the best oil prices. BJ's Members Home Heating Oil Advantage is a money-saving solution which offers competitively priced heating oil with no hidden fees. An average homeowner could save $300 to $400 this year when buying from BJ's."

BJ's heating oil program is managed by PriceEnergy, with deliveries made by PriceEnergy's network of local heating oil companies. BJ's Members can place orders by calling toll free 866-660-6100 or by logging on to www.PriceEnergy.com and clicking on the BJ's Member link. The online component gives consumers the ability to check prices, place orders, confirm order status, and even arrange payment, 24 hours a day. Convenient payment options include credit card, debit card or paperless check.

Headquartered in Natick, MA, BJ's Wholesale Club currently operates 153 clubs and 80 gas stations in 16 states.



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