The chain operates roughly 215 stores, mostly throughout Michigan and the East Coast. This comes after larger competitor Costco raised its basic membership fee to $65 from $60 back in September, its first increase since 2017. Sam’s Club also increased its fees in 2022.

BJ’s Wholesale Club Holdings Inc. announced the company's first membership-fee increase since 2018 when it reported third-quarter results early Thursday. Speaking during a conference call to discuss the results,

BJ’s Wholesale Club shoppers can soon expect to see an increase in their yearly billing statements as the Marlborough-based retailer plans on raising membership fees in the new year.

BJ's Wholesale Club shares rose 8.3% after the bulk retailer raised its earnings guidance and said it would increase its annual membership fee for the first time in seven years. The Marlborough, Mass.