The cost of a BJ’s Wholesale Club membership will get pricier in January, when the company plans to raise its standard membership to $60 and its Club+ membership to $120.

BJ's Wholesale Club shares rose Thursday morning after the warehouse retailer reported better third-quarter earnings than expected, announced a new stock buyback program, and its first membership fee hike in seven years.

BJ’s Wholesale Club Holdings Inc. announced the company's first membership-fee increase since 2018 when it reported third-quarter results early Thursday. Speaking during a conference call to discuss the results,

BJ's Wholesale Club shares rose 8.3% after the bulk retailer raised its earnings guidance and said it would increase its annual membership fee for the first time in seven years. The Marlborough, Mass.

MARLBOROUGH, Massachusetts — BJ’s Wholesale Club announced it will increase its membership fees at the beginning of the year, the chain’s first increase in seven years. A news release from BJ’s says the “Club” membership fee will increase by $5 to $60 per year, while the “Club+” membership will increase by $10 to $120 a year.

The warehouse chain BJ’s Wholesale Club is hiking the price of its annual membership fee for the first time since 2018.

Warehouse chain follows rival Costco in raising amount its 7.5 million members must pay to shop at BJ's stores.

BJ's stock is rallying Thursday after the warehouse club raised its membership fee for the first time in seven years and unveiled a big stock buyback program. Here's what you need to know.