BJ’s chief Christopher Baldwin remains bullish despite rough patch for retailers
BJ’s Wholesale Club is having its most profitable year ever, according to President and CEO Christopher Baldwin. BJ’s
experienced double-digit year-over-year growth the week of Black Friday,
including its best-ever Black Friday.
The private equity firms that own the discount chain, CVC Capital Partners
and Leonard Green & Partners, appear to be feeling bullish about
BJ’s future, too: They’re reportedly hiring investment bankers to
explore a sale or initial public offering.. . . more