BJ’s Wholesale Stock Hits Record High. 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.
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 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.
Another US wholesale favorite is bumping its membership prices
Months after Costco hiked fees, BJ's said it would raise the cost of its memberships in January, its first hike since 2018.
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 to raise membership fees for the first time in seven years
BJ’s Wholesale Club shoppers can soon expect to see an increase in their yearly billing statements as the Marlborough-based retailer plans on raising membership fees in the new year.
BJ’s Wholesale Club membership fees are going up for the first time in 7 years
The warehouse chain BJ’s Wholesale Club is hiking the price of its annual membership fee for the first time since 2018.
BJ’s stock surges on first membership fee increase in seven years
BJ’s Wholesale Club Holdings Inc. will make its first membership fee increase in seven years, the company said when it announced third-quarter results Thursday. The company’s stock is up 10.9% in premarket trades.
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