BJ’s Wholesale Club Up For Sale And Amazon May Be Interested

BJ’s Wholesale Club is putting itself up for sale, and Amazon has expressed modest internal interest in the chain, sources tell The Post.

BJ’s, a Northeast-regional warehouse retailer that’s owned by private equity firms, has recently scrapped ambitions for an initial public offering because of Wall Street’s growing worries over the retail sector, sources said.

Instead, CVC Capital Partners and Leonard Green & Partners, the buyout firms that took BJ’s private for $2.8 billion six years ago, are pressing ahead for an outright sale that could fetch more than $4 billion, according to people close to the situation.

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