US-based BJ’s Wholesale Club has announced today (3 February) that its board of directors has decided to consider the possible sale of the company.

The retailer announced plans to “explore and evaluate strategic alternatives, including a possible sale of the company”. It has appointed Morgan Stanley as its financial advisor.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

The announcement follows a decision in January to close five stores as part of restructuring plans to drive shareholder value amid talk of investors being unhappy with the company’s performance.

There has also been speculation that private-equity firm Leonard Green & Partners has been pursuing a hostile bid for the operator after it took a 9.5% stake in the company.

BJ’s Wholesale Club said it did not plan to provide updates or make further comments about the process unless a specific transaction is recommended by the independent committee and the board, or the process is concluded.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact