BJ's Wholesale to hike membership fees for first time in 7 years
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BJ's Wholesale Club is set to increase its membership fees for the first time in seven years, with standard membership rising to $60 and Club+ membership to $120 starting January.
November 21, 2024 | 7:30 pm
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BJ's Wholesale Club is increasing its membership fees for the first time in seven years, which could lead to higher revenue from membership fees.
The increase in membership fees is likely to result in higher revenue from memberships, which is a significant part of BJ's business model. This could positively impact the stock price in the short term as investors anticipate increased revenue.
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