- BJ’s Wholesale Club is a membership-based warehouse club selling everything from fresh produce to furniture.
- BJ’s competes with other warehouse clubs like Costco and Sam’s Club.
- The warehouse chain began trading on the New York Stock Exchange on Thursday. It had previously traded publicly until 2011, when a deal with two private-equity firms took it private.
- We visited a BJ’s Wholesale in Jersey City, New Jersey, to see what it was like to shop there.
BJ’s Wholesale Club is a membership-based warehouse club selling groceries, clothing, furniture, and just about everything else.
BJ’s competes with similar warehouse clubs Costco and Sam’s Club. While the competition is tough, BJ’s is showing some signs of strength. On Thursday, the warehouse chain began trading on the New York Stock Exchange under the ticker “BJ.” BJ’s had previously traded publicly until it made a deal with two private-equity firms to take it private in 2011, according to CNN Money.
Shopping at BJ’s is a privilege exclusive to its paying members. The Online Access membership, the cheapest membership plan, costs $US10 annually and gives you access to member prices on the BJ’s website. The Inner Circle membership costs $US55 annually, allowing you to shop in stores or online and use BJ’s travel services, optical center, auto center, and more. For $US110, BJ’s Perks members get everything the Inner Circle members get, plus 2% cash back on purchases.
We recently visited a BJ’s in Jersey City, New Jersey – here’s what it’s like to shop there:
We visited a BJ’s Wholesale Club in Jersey City, New Jersey.
At the front of the store was the tech department, selling a huge selection of laptops and TVs. Most TVs cost between $US500 and $US2,000.
There were a few branded displays, like a mini in-store Verizon center.
Signs were scattered around the tech section, advertising that BJ’s offers free help from professional tech advisors.
Also near the entrance were shelves of random products like paper plates, snacks, and t-shirts, all for under $US15.
BJ’s snacks were sold in bulk, but the selection was underwhelming. There wasn’t a ton of variety, and there seemed to be more candy than snacks.
There were quite a few empty shelves throughout this part of the store. A lot of products were out of stock.
Prices were reasonable on the bulk products: a 3.5-pound box of Cheerios cost $US7.99, less than the same product cost on Amazon and only $US3 more than a box half the size from Walmart.
Near the food, free samples were being given out.
The store also had a huge selection of drinks sold in bulk, but it looked like a lot of products were running low or out of stock.
The middle of the store was a bit of a guessing game, keeping in line with the “treasure hunt” experience its competitor Costco is known for.
While the aisles were clearly labelled, there was still a pretty random product assortment. Toys and books were right next to the gardening supplies.
Furniture, batteries, and household products were all over the middle of the store …
… and there were plants everywhere.
There was also a small selection of clothes in the middle of the store.
Near the registers, the store had optical and hearing centres that you didn’t need a membership to use.
It also had a self-checkout lane, which is a huge perk when lines get long.
There were gift cards near the register, but the selection was pretty small.
Instead of having a food court like Costco or Sam’s Club, the store had a small Dunkin’ Doughnuts kiosk by the exit.
BJ’s locations used to have food courts, but most are being replaced by Dunkin’ Doughnuts kiosks.
Business Insider Emails & Alerts
Site highlights each day to your inbox.