BJ's Restructures Amid Sale Talk

NATICK, Mass. — BJ's Wholesale Club said last week that it would close five clubs and lay off almost 500 workers as part of a strategic restructuring that some observers interpreted as prelude to additional headlines, including a potential sale. BJ's has been the frequent subject of leveraged-buyout speculation, but interest and BJ's stock price heightened last summer when the Los Angeles-based private

NATICK, Mass. — BJ's Wholesale Club said last week that it would close five clubs and lay off almost 500 workers as part of a strategic restructuring that some observers interpreted as prelude to additional headlines, including a potential sale.

BJ's has been the frequent subject of leveraged-buyout speculation, but interest — and BJ's stock price — heightened last summer when the Los Angeles-based pri

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