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Will Amazon Buy BJ’s?

BJ’s Wholesale Club, which was taken private six years ago by a pair of equity investment partners, is up for grabs once again. This time Amazon is purportedly among the list of potential buyers who may consider adding the East Coast warehouse club to its portfolio.

“BJ’s Wholesale Club is putting itself up for sale, and Amazon has expressed modest internal interest in the chain, sources tell The Post. BJ’s, a Northeast-regional warehouse retailer that’s owned by private equity firms, has recently scrapped ambitions for an initial public offering because of Wall Street’s growing worries over the retail sector, sources said.”

Read More at NY Post

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