BJ's on the block

Retail Editor 5, February 3, 2011

Westborough, Mass. - BJ's Wholesale has put itself up for sale, signing with Morgan Stanley & Co. as an advisor to explore strategic alternatives.
The company said it has set no timetable and does not plan to provide updates.
According to Bloomberg, BJ's has received an offer from private equity firm Leonard Green & Partners. An affiliate of the firm recently acquired Jo-Ann Stores. Neiman Marcus, The Container Store and Petco are some of the other retail holdings in its portfolio.

Featured Video

Subscribe to
Home & Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.

CURRENT ISSUE

HTT digital edition

See the June 2017 issue of Home & Textiles Today. In this issue, we discuss how U.S, ports are gearing up for the future, and what to expect from second half trade shows. See details!