Is BJ’s owned by Walmart?

BJ’s is a chain of membership-only warehouse clubs similar to Costco and Sam’s Club, and is owned by CVC Capital Partners. BJ’s operates 201 clubs in 16 states.

BJ’s was founded in 1984 by two former supermarket executives, Jack Isenhour and Mervin Levin. The first store opened in Nashua, New Hampshire.

In 1987, the company expanded to Florida with the purchase of seven stores from the Sunshine Wholesale Club chain. BJ’s grew rapidly in the 1990s and 2000s through a series of acquisitions and new store openings.

In 2009, BJ’s was acquired by CVC Capital Partners for $2.8 billion. CVC Capital Partners is a private equity firm with over $75 billion in assets under management.

In 2012, BJ’s announced plans to go public through an initial public offering (IPO). However, the IPO was postponed indefinitely due to market conditions.

BJ’s has been expanding its online presence and offers delivery of groceries and other merchandise in some markets.

Is BJ’s owned by Walmart? No, BJ’s is not owned by Walmart.

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