BJ's Wholesale Club, Inc. , commonly referred to simply as BJ's, is a membership-only warehouse club

Warehouse club

A warehouse club is a retail store, usually selling a wide variety of merchandise, in which customers are required to buy large, wholesale quantities of the store's products, which makes these clubs attractive to both bargain hunters and small business owners. The clubs are able to keep prices low...

 chain operating on the United States East Coast

East Coast of the United States

The East Coast of the United States, also known as the Eastern Seaboard, refers to the easternmost coastal states in the United States, which touch the Atlantic Ocean and stretch up to Canada. The term includes the U.S...

, as well as in the state of Ohio

Ohio

Ohio is a Midwestern state in the United States. The 34th largest state by area in the U.S.,it is the 7th‑most populous with over 11.5 million residents, containing several major American cities and seven metropolitan areas with populations of 500,000 or more.The state's capital is Columbus...

. The company is ranked #232 on Fortune

Fortune (magazine)

Fortune is a global business magazine published by Time Inc. Founded by Henry Luce in 1930, the publishing business, consisting of Time, Life, Fortune, and Sports Illustrated, grew to become Time Warner. In turn, AOL grew as it acquired Time Warner in 2000 when Time Warner was the world's largest...

 magazine's 2010 listing of America's 500 largest public corporations.

History

The company was started by Zayre

Zayre

Zayre was a chain of discount stores that operated in the Northeastern, Southern and Midwestern United States from 1956 to 1990. The company's headquarters was in Framingham, Massachusetts. In 1988, the Zayre department stores were sold to the parent company of the competing Ames chain, and Zayre's...

, a discount department store chain, in 1984, on the Medford

Medford, Massachusetts

Medford is a city in Middlesex County, Massachusetts, in the United States, on the Mystic River, five miles northwest of downtown Boston. In the 2010 U.S. Census, Medford's population was 56,173...

/Malden

Malden, Massachusetts

Malden is a suburban city in Middlesex County, Massachusetts, United States. The population was 59,450 at the 2010 census. In 2009 Malden was ranked as the "Best Place to Raise Your Kids" in Massachusetts by Bloomberg Businessweek Magazine.-History:...

 border in Massachusetts

Massachusetts

The Commonwealth of Massachusetts is a state in the New England region of the northeastern United States of America. It is bordered by Rhode Island and Connecticut to the south, New York to the west, and Vermont and New Hampshire to the north; at its east lies the Atlantic Ocean. As of the 2010...

. This was and still is the company's flagship store.

When Zayre sold their own nameplate to rival discount chain Ames, TJX Companies

TJX Companies

The TJX Companies, Incorporated , is the largest international apparel and home fashions off-price department store chain in the United States. Based in Framingham, Massachusetts, the company originally evolved from the Zayre discount department store chain, founded in 1956, which opened its first...

 was formed. TJX spun off their warehouse division, consisting of BJ's and now defunct HomeClub (later known as HomeBase, then House2Home), to form Waban, Inc. Later, Waban spun off BJ's to become an independent company headquartered in Natick, Massachusetts

Natick, Massachusetts

Natick is a town in Middlesex County, Massachusetts, United States. Natick is located near the center of the MetroWest region of Massachusetts, with a population of 33,006 at the 2010 census. Only west from Boston, Natick is considered part of the Greater Boston area...

.

The company’s first chief executive officer was Mervyn Weich. His wife, Barbara Jane, was the inspiration for the company name. The name should not be confused with Berkley & Jensen, a brand name sold in their stores.

BJ's today

, BJ's operated 187 BJ's clubs in fifteen states and employed approximately 23,500 team members (both full- and part-time). Its major competitors are Costco Wholesale and Walmart's version of a warehouse club concept, Sam's Club

Sam's Club

Sam's Club is a chain of membership-only retail warehouse clubs owned and operated by Wal-Mart Stores, Inc., founded in 1983 and named after Wal-Mart founder Sam Walton. , the Sam's Club chain serves more than 47 million U.S. members...

.

BJ's offers a variety of special benefits to its members. These include "member pricing", a variety of name-brand products at discount wholesale

Wholesale

Wholesaling, jobbing, or distributing is defined as the sale of goods or merchandise to retailers, to industrial, commercial, institutional, or other professional business users, or to other wholesalers and related subordinated services...

 prices, acceptance of all valid manufacturers' coupons, and acceptance of many forms of payment (cash

Cash

In common language cash refers to money in the physical form of currency, such as banknotes and coins.In bookkeeping and finance, cash refers to current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately...

, check

Cheque

A cheque is a document/instrument See the negotiable cow—itself a fictional story—for discussions of cheques written on unusual surfaces. that orders a payment of money from a bank account...

, ATM

Automated teller machine

An automated teller machine or automatic teller machine, also known as a Cashpoint , cash machine or sometimes a hole in the wall in British English, is a computerised telecommunications device that provides the clients of a financial institution with access to financial transactions in a public...

/debit cards, all major credit cards, and EBT

Electronic Benefit Transfer

Electronic Benefit Transfer is an electronic system in the United States that allows state governments to provide financial and material benefits via a plastic debit card. Common benefits provided via EBT are typically sorted into two general categories: Food and cash benefits...

 SNAP

Supplemental Nutrition Assistance Program

The United States Supplemental Nutrition Assistance Program , historically and commonly known as the Food Stamp Program, is a federal-assistance program that provides assistance to low- and no-income people and families living in the U.S. Though the program is administered by the U.S. Department of...

 benefits). BJ's is the only one of the three major warehouse club chains to regularly accept Visa

VISA (credit card)

Visa Inc. is an American multinational financial services corporation headquartered on 595 Market Street, Financial District in San Francisco, California, United States, although much of the company's staff is based in Foster City, California. It facilitates electronic funds transfers throughout...

as a method of payment.