Wholesale Club Flyer 8.19-09/08/2016 - Find the latest weekly flyers for wholesalers Club. Also, keeping your challenges with coupons and Great canadian wholesale club flyer deals from Wholesale Club.
BJ Wholesale Club said Thursday that decided "to explore and evaluate strategic alternatives, including a possible sale of the company."
This only confirms what has been known in the market for months: that there is an auction lasts retailers.
BJ has hired Morgan Stanley to run the sale process. In November, people informed about the matter said that DealBookk auction held by private equity firm Leonard Green & Partners made a takeover opening.
retailers have been considered as an attractive candidate for purchase since July, when Leonard Green has acquired a stake of 9.5 percent. (Leonard Green also hit Jo Ann Stores and deals with TPG Capital, J. Crew.)
Great canadian wholesale club flyer
• Company Statement
The company has little debt and a $ 65.8 million cash on hand, according to Capital IQ. Sales of stores open more than a year have been disappointing of late, however. Last month, BJ has announced plans to close five underperforming stores.
BJ, who is based in Natick, Mass., Has 187 warehouse clubs in 15 countries. Enterprise has a total value of $ 2.28 billion.
Wholesale Club is a warehouse club chain Loblaw-owned locations in Canada. Products such as bakery, dairy, deli, frozen food, garden center, a general store, photo lab, general merchandise, pharmacy flyer, meat and poultry, produce, seafood, snacks.
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