| BJ's Wholesale Club |
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HistoryThe company was started by Zayre, a discount department store chain, in 1984, on the Medford/Malden border. This was and still is the company's flagship store. When Zayre sold their own nameplate to Ames, a rival discount department store, TJX Companies was formed which owned BJ's, until it became an independent company. As of April 6, 2006, BJ's operates 164 BJ's and 2 ProFoods Restaurant supply clubs. Today, BJ's common stock is traded on the New York Stock Exchange under the symbol "BJ". The letters B and J are commonly misinterpreted to stand for Berkley and Jensen which is also a brand name sold in their stores. The company was named after the founder's daughter, Betsy Jane . BJ's competitors include Sam's Club and Costco Wholesale clubs. |
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