BJ's Wholesale Club To Explore Strategic Alternatives - Report

BJ's Wholesale Club Inc. is close to hiring an adviser to help explore strategic alternatives and it plans to consider the possible sale to a private equity firm, the New York Post reported citing a source close to the retailer. The newspaper added Leonard Green & Partners, a private equity firm in Los Angeles, is seen as the most likely acquirer. The Post also said BJ's Wholesale could fetch as much as $3 billion.

DealsNorth AmericaUSBriefs