New York CNN —
BJ’s Wholesale Club is hiking the price of its annual membership fee for the first time since 2018.
The warehouse store chain, a smaller rival to Costco and Sam’s Club, announced Thursday that the cost will increase by $5 to $60 per year for its basic plan. The most expensive tier, called Club+, will rise by $10, to $120. The new rates will go into effect on January 1, 2025.
BJ’s explained in a release that the increased prices “allows the company to invest in an even stronger value proposition for
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