BJ’s Wholesale Club is ready to go up on the auction block and that news has reportedly piqued the interest of a couple of noteworthy potential buyers — Amazon and Walmart.
Will Amazon take over BJ’s?
The competition for your dollar between Amazon and Walmart is well-documented.
We’re only four months into 2017 and we’ve already seen Walmart modify its two-day delivery program to eliminate the membership fee and also start offering discounts when customers order on Walmart.com and pick their items up in store.
Both efforts are squarely aimed to compete against Amazon Prime and its increasingly dominant business model.
The move to offer discounts on online orders that you pick up at the store yourself is seen as a win for Walmart because it has an extensive network of physical stores while Amazon doesn’t.
But that may be about to change…
The New York Post reports Amazon has “modest internal interest” in buying out the BJ’s Wholesale Club chain, which consists of 213 warehouse clubs and 130 gas stations across 15 states — most of them located in the Northeast.
Meanwhile, Walmart’s interest in BJ’s is a bit more iffy, according to the Post. That’s because the nation’s largest retailer already once made an unsuccessful bid to buy BJ’s in 2011. So Walmart may still be a bit gun shy after that experience.
Of course, it’s worth noting that we’ve heard speculation about Amazon’s interest in physical stores before. The Chicago Tribune notes Amazon had internal discussions about buying Whole Foods last year, according to an unnamed insider. But that deal obviously never materialized.
Looks like we’ll just have to wait and see what happens with BJ’s!
In the meantime, here are some ways to save at the warehouse club if you’re a BJ’s shopper:
Look for anything that ends in .90 or .00
Those price points indicate a manager’s special discount, according to fan site MyBJsWholesale.com.
You can use manufacturer’s coupons from the newspaper
Costco and Sam’s Club generally won’t accept coupons you clip from your Sunday circular. But BJ’s does!
Military personnel can get 30% off membership
As a ‘thank you’ to the brave men and women who serve our nation, BJ’s offers them 30% off the price of a membership, plus a $10 coupon.