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Amazon to buy BJ's wholesale Club-

Valued Contributor

Amazon to buy BJ's wholesale Club-

Amazon is seeking to get into the brick and mortar store front business.  

Interesting...

With all the major retailers trying to play catch-up to Amazon's online prescence and 

closing down brick and mortar stores, why would Amazon be thinking of going in the

opposite direction?  

I guess it makes sense, I don't think online prescence will EVER fully take over

brick and mortar retail businesses, but it has certainly cut into brick and mortar

profits in a way large retailers probably never thought would happen.

 

 

https://consumerist.com/2017/04/17/amazon-reportedly-exploring-purchase-of-bjs-wholesale/


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Message 1 of 13
12 REPLIES
Super Contributor

Re: Amazon to buy BJ's wholesale Club-

Very interesting. Now we have Amazon looking at BJ's Wholesale Club and acquiring Capital One. Would Amazon not being positioning themselves to challenge Walmart in the retail game?
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Message 2 of 13
Established Member

Re: Amazon to buy BJ's wholesale Club-

Buying CapitalOne..first I've heard about this. Just found some articles from Feb 2017 about it. Wow. Analyst are stating most likely will not happen though. But then again thery were wrong when it comes to policies and politics. I find myself now saying what my parents always said "it was easier times back then" "what has the world come too" lol. The circle of life!

Message 3 of 13
Established Contributor

Re: Amazon to buy BJ's wholesale Club-

Well, I guess now we know why Amazon has been hiring ex-Walmart personnel. Smiley Very Happy It looks as if, if this actually does go through, Amazon is going to try to challenge Costco; one point that article kind of missed is that BJ's (which has several stores in the Washington DC metro area) also sells bulk groceries, like Costco, so buying the chain would provide Amazon with a ready-made chain of supermarkets. (Does BJ offer a credit card like Costco? It's been a few years since I was last over there, I forget.)

Ch 7 BK discharged 12/14, well along in rebuilding credit. FICO 12/1/17:TU 663/EX 697/EQ 688 FICO 8 (Aug 2017) or 680 FICO 9 (Penfed Sep 2017), VS 3.0 12/1/17: TU 699/EX 687/EQ 693. $33.2K revolving credit as of 11/7/17; $951 Cap One secured Platinum MC, $2000 Apple FCU Platinum Visa, $3500 Amazon Prime Store Card, $3500 Walmart Store Card, $3500 Cap One Quicksilver MC, $4000 Care Credit, $4300 Overstock Store Card, $4500 Discover It, $7000 Penfed Power Cash Rewards Visa, $10k PenFed used car loan, $5k Navient student loan. In the garden again from 10/26/17 for at least the next 3 months unless I get a really really good preapproval.
Message 4 of 13
Valued Contributor

Re: Amazon to buy BJ's wholesale Club-

Well I like BJ's and I like Amazon, not sure BJ's will stay the same though. Only good thing I can think of is that Amazon will can Comenity as BJ's credit card backer and I'll be very happy to have the wife dump Comenity (she has our BJ's card, I refuse to do any business with Comenity). 

Message 5 of 13
Moderator

Re: Amazon to buy BJ's wholesale Club-

To be fair exploring is way different than acquiring.  

 

I agree brick and mortar will never quite go away, and this is from someone who orders the overwhelming majority of things online and even I will occasionally stop in Costco or Target or similar to get something.

 

What I would really like though is a storefront to Amazon warehouses: downtime in Singapore on a day that I'm just relaxing but yesterday I was trying to see if there was any way I could source a particular cable within 2 days, and nope.  Have had that experience other times where I need something last minute, and Amazon loses the purchase because I can't get it in time, but if I could ask for it to be picked, and instead of shipped if it were local I'd just go get it.  Granted that would only be applicable in major metro areas but Amazon has a distribution facility (or multiple) in Los Angeles where home currently is.

 

Humans are impulsive, and the majority of us do poorly at planning in general and even I fail on that front and I'm likely well better than average... when I want something it's usually because I forgot or didn't know I needed it, and oh crap, need it now and then scrambling for a local and sometimes suboptimal option.  

 

My thoughts anyway... maybe smaller regional centers might make sense come to think of that too, drones to crapton of houses is hard, trying to get access and license to fly to a couple known fixed locations might be a lot easier.  Maybe, just a layman with limited insight and knowledge on this one.

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Message 6 of 13
Established Contributor

Re: Amazon to buy BJ's wholesale Club-

You may be on to something there, Revelate. I wonder if Amazon could expand some of its network of fulfillment centers to include warehouse-store facilities that consumers could drive to and purchase things direct. I'd personally love it if they opened such a facility in Northern Virginia so that I could go shopping there. Wouldn't help with Marketplace orders, though - I buy used books through Marketplace several times per month and those are one-off items, mainly, that you can't just go to the store and get.

Ch 7 BK discharged 12/14, well along in rebuilding credit. FICO 12/1/17:TU 663/EX 697/EQ 688 FICO 8 (Aug 2017) or 680 FICO 9 (Penfed Sep 2017), VS 3.0 12/1/17: TU 699/EX 687/EQ 693. $33.2K revolving credit as of 11/7/17; $951 Cap One secured Platinum MC, $2000 Apple FCU Platinum Visa, $3500 Amazon Prime Store Card, $3500 Walmart Store Card, $3500 Cap One Quicksilver MC, $4000 Care Credit, $4300 Overstock Store Card, $4500 Discover It, $7000 Penfed Power Cash Rewards Visa, $10k PenFed used car loan, $5k Navient student loan. In the garden again from 10/26/17 for at least the next 3 months unless I get a really really good preapproval.
Message 7 of 13
Moderator

Re: Amazon to buy BJ's wholesale Club-


joe8185 wrote:

You may be on to something there, Revelate. I wonder if Amazon could expand some of its network of fulfillment centers to include warehouse-store facilities that consumers could drive to and purchase things direct. I'd personally love it if they opened such a facility in Northern Virginia so that I could go shopping there. Wouldn't help with Marketplace orders, though - I buy used books through Marketplace several times per month and those are one-off items, mainly, that you can't just go to the store and get.


Good point but I wonder how many of those marketplace purchases fall under things we are willing to go drive for to get right now: at least from my copious book reading over the years I wouldn't suggest books are one of those haha, but other things might be.

 

In thinking about it a little more it's only a slice of things really, things I can't find locally easily and things that are common enough that Amazon sells.  I'm not sure how wide that selection is or even what the audience is but it'd probably be expensive for limited return.  Not sure, if / when we get personal delivery faster than USPS it probably becomes moot and figure that'll coming someday if not in my lifetime, and in the short and middle-term, doubt there's enough revenue to support the cost of the operation and Amazon's global supply chain may not put all items in all distribution centers anyway, probably doesn't actually.

 

May not have been a fantastic idea haha.

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Message 8 of 13
Valued Contributor

Re: Amazon to buy BJ's wholesale Club-

It would be nothing for amazon to turn some of its warehouses into a ole Sears Catalog store/ Sears Parts store .... basically offer will-call for purchases ... Amazon Counter Service =)

 

-J

 

Message 9 of 13
Established Contributor

Re: Amazon to buy BJ's wholesale Club-


joltdude wrote:

It would be nothing for amazon to turn some of its warehouses into a ole Sears Catalog store/ Sears Parts store .... basically offer will-call for purchases ... Amazon Counter Service =)

 

-J

 


I like that. Sort of an upgrading/fine-tuning of the current Amazon Locker service, which honestly I'm rather unimpressed with because none of its current locations are convenient to where I live or work. This would be similar to UPS' service via its UPS Store chain, where you can retrieve deliveries if you're not home to take them - I've had occasion to make use of this very service a couple of times in the last half-year. A real nationwide network of licensed, co-branded Amazon pickup points would be mighty useful for expensive and/or physically large deliveries that one doesn't necessarily want sitting on their doorsteps for hours, exposed to the elements and to less-than-honest individuals. And I for one would prefer such a service to cockamamie ideas such as delivering packages by drone as though they were Predator warheads and we were ISIS militants!

Ch 7 BK discharged 12/14, well along in rebuilding credit. FICO 12/1/17:TU 663/EX 697/EQ 688 FICO 8 (Aug 2017) or 680 FICO 9 (Penfed Sep 2017), VS 3.0 12/1/17: TU 699/EX 687/EQ 693. $33.2K revolving credit as of 11/7/17; $951 Cap One secured Platinum MC, $2000 Apple FCU Platinum Visa, $3500 Amazon Prime Store Card, $3500 Walmart Store Card, $3500 Cap One Quicksilver MC, $4000 Care Credit, $4300 Overstock Store Card, $4500 Discover It, $7000 Penfed Power Cash Rewards Visa, $10k PenFed used car loan, $5k Navient student loan. In the garden again from 10/26/17 for at least the next 3 months unless I get a really really good preapproval.
Message 10 of 13