BJ's Wholesale Club is going public. Again.
BJ's has announced that it filed a form S-1 with the U.S. Securities and Exchange Commission for an initial public offering. The company, which operates 215 wholesale membership warehouses on the East Coast, didn't say how many shares it would offer or what the price range might be. The offering is expected this year.
The Westborough, Massachusetts was acquired in 2011 for $2.8 billion by CVC Capital Partners and Leonard Green & Partners, which then took BJ's private. The buyers reportedly put BJ's up for sale last year for more than $4 billion but got no takers.
Before going private in the fall of 2011, the retailer rejected an offer of $3 billion from Walmart, according to FactSet.