 | |
| Company type | Public |
|---|---|
| |
| Industry | Retailing (Warehouse club) |
| Founded | February 6, 1984; 41 years ago (1984-02-06) |
| Headquarters | , |
Number of locations | 250 warehouse clubs; 186 gas stations (2025) |
Area served | |
Key people | Bob Eddy (CEO)[1] |
| Products | Electronics, Home, Furniture, Outdoor, Sporting Goods, Toys, Jewelry, Clothing, Health and Beauty, Grocery. |
| Revenue |  US$20.05 billion (2025) |
 US$772 million (2025) | |
| US$534 million (2025) | |
| Total assets | US$7.065 billion (2025) |
| Total equity | US$1.847 billion (2025) |
Number of employees | 33,000 (2025) |
| Website | BJs.com |
| Footnotes / references [2] | |
BJ's Wholesale Club Holdings, Inc., commonly referred asBJ's, is an American regional membership-onlywarehouse club chain based inMarlborough, Massachusetts, operating in theeastern United States in addition toOhio,Michigan,Louisville, Kentucky,Indiana,Tennessee,Florida andAlabama.[3] Its major competitors areCostco Wholesale andSam's Club.
The company was started by discount department store chainZayre in 1984, on theMedford/Malden border inMassachusetts. The company's name was derived from the initials of Beverly Jean Weich, the daughter of Mervyn Weich, the president of the new company.[4][5] Weich announced his resignation as president in June 1987, and left on August 1.[6] He was replaced by John Levy.[7]
When Zayre Corporation sold the Zayre nameplate to rival discount chainAmes in October 1988,TJX was formed. In 1989, TJX spun off their warehouse division, consisting of BJ's and now-defunct HomeClub (later known asHomeBase, then House2Home), to form Waban, Inc. In August 1997, Waban spun off BJ's to become an independent company, BJ's Wholesale Club, Inc., headquartered in Natick, Massachusetts, while Waban renamed itself to HomeBase, Inc.[8]
In 2011, BJ's was acquired by two private equity firms,Leonard Green & Partners andCVC Capital Partners.[9] It returned to being a public company in 2018.[10]
In 2019, BJ's expanded into Michigan, with a new store inMadison Heights. A second and a third Michigan location have since opened inTaylor andChesterfield Township, respectively. BJ's has also since opened locations inCanton andLansing.
Many of BJ's clubs offer special services to members, such ascar rentals,gas stations, homeheating oil, anoptical department,propane filling, and vacation packages. These services vary from location to location. As of 2008[update], there were 154 clubs with optical departments.[citation needed] As of January 30, 2010[update] BJ's operated 104gasoline stations at their clubs.[3] In February 2007, BJ's closed all pharmacies in its clubs.[11]
In March 2010, BJ's announced they would move their corporate headquarters from Natick toWestborough, Massachusetts in 2011.[3][12] On January 5, 2011, BJ's announced it would close five underperforming stores in theSoutheast, eliminate approximately 100 headquarters jobs by the end of the month, and restructure its home office and some field operations. Its restructuring moves would result in savings of 78 to 82 cents per share for its fiscal fourth quarter.[13][14]
On December 19, 2019, BJ's named Lee Delaney as its next CEO starting February 2, 2020. Delaney had been an executive vice president and chief growth officer of the company since 2016. Then CEO Chris Baldwin became executive chairman.[15] Following Delaney's death on April 8, 2021, BJ's financial chief Bob Eddy took over as interim CEO.[1] On April 20, 2021, Bob Eddy’s interim status was removed and he was given the permanent CEO position.[16]
In November 2021, BJ’s announced plans for its first store in Tennessee, to be located inLa Vergne, a suburb ofNashville.[17] The store opened on June 14, 2023. The company has announced plans for at least two additional stores in the Nashville market, with confirmed locations being added inGoodlettsville[18] andMt. Juliet.[19]
As of May 2025[update], BJ's operates 250 BJ's clubs in 21 states and employed approximately 25,000 team members (both full- and part-time).[20] BJ's utilizes threecross-dockdistribution centers along with third-party warehouse space when extra storage is needed.[3]
For the fiscal year 2023, BJ's reported earnings of $19.968 billion, with a net income of $523.741 million .[21]
| Year | Revenue | Net income | Price per Share in US$ (year end)[22] | Warehouses | Employees | Ref(s) |
|---|---|---|---|---|---|---|
| 2014 | 12,731,270 | 19,013 | - | 207 | [23] | |
| 2015 | 12,467,553 | 24,104 | - | 213 | [23] | |
| 2016 | 12,350,537 | 44,224 | - | 214 | [23] | |
| 2017 | 12,754,589 | 50,301 | - | 215 | [23] | |
| 2018 | 13,007,347 | 127,261 | - | 216 | 26,383 | [23] |
| 2019 | 13,190,707 | 187,176 | 22.74 | 217 | 27,231 | [24] |
| 2020 | 15,430,017 | 421,030 | 37.28 | 221 | 32,000 | [25] |
| 2021 | 16,667,302 | 426,652 | 66.97 | 34,000 | [26] | |
| 2022 | 19,315,165 | 513,177 | 66.16 | 34,000 | [27] | |
| 2023 | 19,968,689 | 523,741 | 66.66 | 34,000 | [21] |
On May 17th, 2018, BJ's filed to return to the public market.[28] The shares opened at $21.25; in itsIPO, BJ's sold 37.5 million shares, raising net proceeds of $637.5 million.[29]
BJ's Wholesale Club regularly markets numerous products under its ownprivate labels—including products byRichelieu Foods.[30] Unlike its competitors (such as Costco's Kirkland Signature line and Sam's Club's Member's Mark brand), BJ's uses multiple private label brands depending on merchandise segment. Grocery products are primarily branded as Wellsley Farms, while general merchandise (including clothing, pharmacy, and home goods) items are sold under the Berkley-Jensen name (formerly 'Berkley & Jensen').[31]
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