Monday, April 17, 2017

BJ's Wholesale is for sale — and Amazon may be interested

Image result for bj's storeLeonard Green & Partners LP and CVC Capital Partners Ltd., the private equity owners of warehouse retailer BJ’s Wholesale Club, are preparing for a possible sale of BJ's after abandoning the idea of an initial public offering, unnamed sources have told the New York Post.

One of the suitors entertaining purchase of the membership warehouse retailer is Amazon, according to the report. Amazon didn’t immediately return a request from Retail Dive for clarification or comment on the report.. . . more

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