Business & Tech
Seekonk BJ's: Amazon In Talks To Buy Wholesale Club
Amazon is reportedly interested in buying BJ's Wholesale Club for $4 billion. The grocery wholesaler has a store in Seekonk.
SEEKONK, MA — Cyber giant Amazon is reportedly interested in buying BJ's Wholesale Club, including its Seekonk location. BJ's, which has 214 clubs in 15 East Coast states, is based in Westborough. BJ's has 28 Massachusetts grocery stores.
(Subscribe to Seekonk/Swansea Patch news alerts for breaking Seekonk/Swansea news and updates. iPhone/iPad users: download the new Patch app.)
Last week, Amazon was reportedly interested in buying Whole Foods; this week, the target is now BJ's, which was purchased in 2011 for $2.8 billion by private investors, according to Fortune. It is expected that BJ's could sell for as much as $4 billion, investors told the New York Post.
Find out what's happening in Seekonk-Swanseafor free with the latest updates from Patch.
BJ's has more than 25,000 employees in clubs, gas stations, call centers, distribution centers and home office locations.
Amazon's recent experimentation with brick and mortar stores, including Amazon Go and bookstores, has made the rumors of the possible BJ's acquisition not particularly surprising. As Fortune reports, Amazon also operates Amazon Fresh, an online grocery delivery and ordering service similar to PeaPod.
Find out what's happening in Seekonk-Swanseafor free with the latest updates from Patch.
Charlene Arsenault (Patch Staff) contributed to this report
Photo credit: Mike Mozart/Flickr
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.