BJ's Wholesale Club Holdings Inc. said Monday that it is raising hourly wages by $2 across the company from March 23 until at least April 12. The retailer is also offering a one-time bonus ranging from $500 to $1,000 to managers and key personnel at the end of March. BJ's also announced over the weekend that it would make special shopping hours available to customers ages 60 and over. BJ's stock is down 2.5% in Monday trading, and down 7.4% over the last year. The S&P 500 index has tumbled 19.1% for the past 12 months.
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