retail news in context, analysis with attitude

The Wall Street Journal reports that BJ’s Wholesale Club is saying that “it will consider options, including a potential sale of the company, a decision that comes several months after a private-equity firm urged the warehouse-club retailer to look for ways to enhance shareholder value.

“The Westborough, Mass., company said there is no timetable for its decision, which was reached upon the recommendation of a committee of independent directors. BJ's has hired Morgan Stanley & Co. as its financial adviser.

“It has been speculated that Los Angeles private-equity firm Leonard Green & Partners is considering a bid for the retailer.”
KC's View:
It is no longer a matter of “if.” It is a matter of “when.” Though sources say that nothing is likely to happen very quickly, and it will probably be months until any decisions are made.