BJ's Wholesale Club

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BJ's Wholesale Club, Inc. NYSE: [BJ] is a membership-only warehouse club chain operating in the eastern United States from Maine to Florida, as well as in the state of Ohio.

History

The company was started by Zayre, a discount department store chain, in 1984, on the Medford/Malden border. This was and still is the company's flagship store.

When Zayre sold their own nameplate to Ames, a rival discount department store, TJX Companies was formed which owned BJ's, until it became an independent company.

As of April 6, 2006, BJ's operates 164 BJ's and 2 ProFoods Restaurant supply clubs. Today, BJ's common stock is traded on the New York Stock Exchange under the symbol "BJ". The letters B and J are commonly misinterpreted to stand for Berkley and Jensen which is also a brand name sold in their stores. The company was named after the founder's daughter, Betsy Jane.^{[[Citing sources citation needed]]} BJ's competitors include Sam's Club and Costco Wholesale clubs.

External links

[BJ's Wholesale Club Official Website]

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