Content about Westborough, Massachusetts

September 9, 2011

BJ’s Wholesale Club said Friday that its shareholders have okayed the acquisition bid that will take the company private.

Westborough, Mass. -- BJ’s Wholesale Club said Friday that its shareholders have OK'd the acquisition bid that will take the company private.

Private equity firms Leonard Green & Partners and CVC Capital Partners agreed to acquire the warehouse club operator in a deal valued at $2.8 billion.

According to BJ’s, 72% of its shareholders approved the bid. The deal is slated to close on or about Sept. 30.
 

May 18, 2011

BJ’s Wholesale Club reported Wednesday that profit for the quarter ended April 30 rose to $33.7 million, beating its guidance range of $29.5 million to $31.5 million.

Westborough, Mass. -- BJ’s Wholesale Club reported Wednesday that profit for the quarter ended April 30 rose to $33.7 million, beating its guidance range of $29.5 million to $31.5 million.

Net sales for first quarter 2011 increased 10% to $2.77 billion and same-store club sales rose 6.3%.

June 11, 2008

Stein Mart has made its New England debut with a 31,000-sq.-ft. store at Bay State...