NATICK, Mass. — BJ’s Wholesale Club said Wednesday that it would close five clubs and lay off almost 500 workers as part of a strategic restructuring that some observers are interpreting as a prelude to a sale. In a separate statement, BJ’s said Wednesday that its longtime chief financial officer, Frank Forward, would retire at the end of the month, along with Thomas F. Gallagher, its executive vice president of club operations. The clubs slated for closure include three in the Atlanta ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.