Wholesale retailer increasing membership fee for first time since 2018
MARLBOROUGH, Massachusetts — BJ’s Wholesale Club announced it will increase its membership fees at the beginning of the year, the chain’s first increase in seven years. A news release from BJ’s says the “Club” membership fee will increase by $5 to $60 per year, while the “Club+” membership will increase by $10 to $120 a year.
BJ’s stock rises on first membership-fee increase in 7 years
BJ’s Wholesale Club Holdings Inc. announced an increase in its membership fees Thursday, marking the first hike in seven years. The company’s stock surged in premarket trading and is up 0.4% at 9:36 a.
BJ’s Wholesale Stock Rises. Retailer Follows Costco’s Lead and Hikes Membership Fee.
BJ’s Wholesale Club was rising Thursday in premarket trading after the big-box retailer reported better-than-expected earnings, raised its guidance, and announced a hike to its membership fee.Shares were up 2.
BJ's Just Raised Membership Fees For the First Time In 7 Years
Between club openings, leadership changes, and the rollout of new shopper perks, BJ's Wholesale Club has undergone some very significant changes this year. Shoppers are about to see another major shift at the warehouse club, and this one will have a direct impact on their wallets.
BJ's Wholesale Stock Rises on Strong Q3 Profits, Membership Fee Hike
BJ's Wholesale Club shares rose Thursday morning after the warehouse retailer reported better third-quarter earnings than expected, announced a new stock buyback program, and its first membership fee hike in seven years.
BJ's Wholesale Club Stock Jumps on Membership Fee Increase
BJ's Wholesale Club shares rose 8.3% after the bulk retailer raised its earnings guidance and said it would increase its annual membership fee for the first time in seven years. The Marlborough, Mass.
BJ's is increasing membership fees for the first time since 2018. This is how it will re-invest the proceeds
BJ’s Wholesale Club Holdings Inc. announced the company's first membership-fee increase since 2018 when it reported third-quarter results early Thursday. Speaking during a conference call to discuss the results,
BJ's Wholesale Pops on Membership Fee Hike, Stock Buybacks
BJ's stock is rallying Thursday after the warehouse club raised its membership fee for the first time in seven years and unveiled a big stock buyback program.
BJ's Wholesale Club hikes membership fees for first time since 2018
The move follows the same step by BJ's larger competitor Costco, which in September raised its basic membership fee to $65 from $60, its first increase since 2017. Sam's Club raised its fees in 2022. Based in Marlborough, Massachusetts, BJ's operates ...
BJ's Wholesale to hike membership fees for first time in 7 years
The cost of a BJ’s Wholesale Club membership will get pricier in January, when the company plans to raise its standard membership to $60 and its Club+ membership to $120.
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