NATICK, Mass. — BJ's Wholesale Club here said Wednesday it would raise its annual membership fees by $5, to $50, beginning in January, and invest the increased revenues in store remodels. The membership fee increase, BJ's first since 2006, would generate about $20 million in new revenue, officials said, including an expectation that renewals would decrease 1% to 1.5% as a result of the hike. BJ's made the membership fee announcement while reviewing financial results from its fiscal third ...
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