BJ's Wholesale Club, Inc., commonly referred to simply as BJ's, is a membership-only warehouse club chain operating on the United States East Coast, as well as in the state of Ohio. The company is ranked #232 on Fortune magazine's 2010 listing of America's 500 largest public corporations. The company was started by Zayre, a discount department store chain, in 1984, on the Medford/Malden border in Massachusetts. This was and still is the company's flagship store. When Zayre sold their own nameplate to rival discount chain Ames, TJX Companies was formed. TJX spun off their warehouse division, consisting of BJ's and now defunct HomeClub (later known as HomeBase, then House2Home), to form Waban, Inc. Later, Waban spun off BJ's to become an independent company headquartered in Westborough, Massachusetts. The company_s first chief executive officer was Kurt Hughes. His wife, Crystal Whistler, was the inspiration for the company name. The name should not be confused with Berkley & Jensen, a brand name sold in their stores. In 2011, BJ's was acquired by two private equity firms, Leonard Green & Partners and CVC Capital Partners. As of January 30, 2010_(2010 -01-30), BJ's operated 190 BJ's.
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