BJ's Wholesale to hike membership fees for first time in 7 years

BJ’s Wholesale said its membership count stood at 7.5 million at the end of the third quarter. Its membership fees have brought BJ’s Wholesale nearly $339.49 million over the first three ...


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BJ's Wholesale To Hike Membership Fees For First Time In 7 Years

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BJ’s Wholesale said its membership count stood at 7.5 million at the end of the third quarter. Its membership fees have brought BJ’s Wholesale nearly $339.49 million over the first three ...

msn.com

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BJ’s To Raise Membership Fees For The First Time In Seven Years

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23 hours ago  · Come Jan. 1, BJ’s will increase its yearly club membership fee by $5 to $60 and raise its Club+ membership fee by $10 to $120 a year, marking the retailer’s first membership …

wbjournal.com

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BJ’s Wholesale Club To Raise Annual Membership Cost, Ups …

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BJ’s Wholesale Club BJ 8.27% increase; green up pointing triangle raised its earnings guidance after the bulk retailer said it would increase its annual membership fee for the first time in ...

wsj.com

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BJ’s Wholesale Announces Plans For Membership Fee Increase

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1 day ago  · The company announced plans for its first membership fee increase in seven years, effective January 1, 2025. The Club membership fee will increase by $5 to $60 a year. The …

businessinsider.com

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BJ's Wholesale Pops On Membership Fee Hike, Stock Buybacks

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BJ's also announced its first membership fee increase in seven years. Its Club membership fee will increase to $60 from $55 and its Club+ membership fee will rise to $120 from $110, …

msn.com

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BJ’s Wholesale Stock Hits Record High. Retailer Follows Costco

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The retailer also plans to hike its annual membership fee across subscription tiers for the first time in seven years. Membership fee income jumped to $115 million last quarter, up from $106 ...

msn.com

FAQs about BJ's Wholesale to hike membership fees for first time in 7 years Coupon?

Does BJ's Wholesale Club have a membership fee increase?

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. Effective Jan. 1, 2025, the Club membership fee will increase by $5 to $60 a year and the Club+ membership fee will increase by $10 t... ...

Will BJ's reinvest the fee hikes in 'labor & better value'?

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 Chief Executive Bob Eddy said the company plans to reinvest the proceeds from the fee hikes in “labor and better value." ...

Why is BJ's stock up 58%?

BJ's stock is up 5.8% on the fee hikes. Earlier this year rival Costco Wholesale Corp. hiked its own membership fees for the first time since 2017. Warehouse retailer BJ’s will increase its membership fee for the first time in seven years, the company said when it announced third-quarter earnings results Thursday. ...

When will BJ's new rates go into effect?

The new rates will go into effect on January 1, 2025. BJ’s explained in a release that the increased prices “allows the company to invest in an even stronger value proposition for its 7.5 million member base, which continues to grow.” ...

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