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BJ's Wholesale Club Myrtle Beach Location Set to Open February 28

1. BJ's Wholesale Club will open a new location in Myrtle Beach by February 2025. 2. The new club will include a gas station offering competitive fuel prices.

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Why Bullish?

The expansion reflects BJ's growth strategy, which may positively influence investor sentiment. Previous store openings have generally led to increased sales and profitability, as seen in market reactions to similar announcements from competitors.

How important is it?

The announcement indicates BJ's proactive market growth, which can enhance investor confidence and drive stock appreciation. Opening new clubs can lead to increased membership and sales.

Why Long Term?

The new club will take time to contribute to revenue growth post-opening. Historically, new store openings lead to long-term sales increases, evidenced by BJ's prior expansion outcomes.

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MARLBOROUGH, Mass. & MYRTLE BEACH, S.C.--(BUSINESS WIRE)--BJ's Wholesale Club (NYSE: BJ) announced today that its club in Myrtle Beach, South Carolina, will open on February 28, 2025. The club, located at 136 Las Palmas Drive, will feature an on-site BJ's Gas location, with everyday low fuel prices and potential extra savings through BJ's Fuel Saver Program. BJ's offers unmatched value on everyday essentials in a convenient one-stop shop. Members save on fresh foods, produce, full-service deli.

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