BJ’s Wholesale Club Raises Membership Fees for First Time in 7 Years
BJ’s Wholesale Club announced that it will increase its membership fees starting in January 2025. The basic annual plan will rise by $5 to $60, while the premium Club+ plan will increase by $10, bringing it to $120. The company stated the price hikes will support continued growth and enhance value for its 7.5 million members.
BJ’s Wholesale Club announced that it will increase its membership fees starting in January 2025. The basic annual plan will rise by $5 to $60, while the premium Club+ plan will increase by $10, bringing it to $120. The company stated the price hikes will support continued growth and enhance value for its 7.5 million members.
Despite fewer stores than its competitors, BJ’s reported an 8.4% year-over-year increase in membership income, driven by stronger acquisition, retention, and higher-tier memberships. BJ’s joins Costco, which also raised its fees this year.