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Costco and Sam's Club's smaller rival BJ's Wholesale will open more clubs in Southeast - TL;DR CNBC

Costco and Sam's Club's smaller rival BJ's Wholesale will open more clubs in Southeast

Publishing timestamp: 2024-03-27 08:00:01


Summary

BJ's Wholesale Club is opening new locations in the U.S. to expand its reach and attract more members in the competitive membership warehouse market. The company plans to open a dozen new clubs this fiscal year, focusing on groceries and smaller sizes in addition to bulk items. BJ's aims to differentiate itself from its rivals by emphasizing grocery items and targeting budget-conscious shoppers.


Sentiment: NEUTRAL

Tickers: BJCOSTWMT

Keywords: walmart incretail industrybj's wholesale club holdings incbusiness newsbreaking news: businessbusinesscostco wholesale corp

Source: https://www.cnbc.com/2024/03/27/bjs-wholesale-costco-and-sams-rival-will-open-clubs-in-southeast.html


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