Here we go again, with more retail stores closing their doors. This time, it's near and dear to many of us here on the blog.
Don't worry too much. So far BJ's Wholesale club is only closing two locations.
One in Geneva, NY and one in Charlotte, NC. The company closures are based on reviews of club performance in addition to real estate and market evaluation.
Here is the official statement.
“We continuously evaluate our strategic footprint to ensure it supports our growth initiatives and drives value for members and shareholders. We remain on track to open two new clubs in the first half of 2020 – one in Pensacola, FL. and one Chesterfield, MI, and are aggressively building our real estate pipeline moving forward. We expect to close one club in Charlotte, N.C. and one in Geneva, NY by February 1, 2020. We are committed to supporting our Team Members through this transition. Team members will be eligible to apply for positions at other BJ’s locations and will be eligible for severance.”
The Geneva store will close it's doors by Feb 1, 2020. Members can receive a refund for their membership if they do not have another club to shop at.
If you are curious about the employees,, they can work at other locations.
Share your thoughts below.
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