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BJ’s Wholesale IPO: 5 things to know about the Costco competitor

The grocery and retail sector is a crowded one with large warehouse outfits like BJ’s Wholesale Club, which filed for an initial public offering on the New York Stock Exchange last week, occupying a section with strong business attributes.

BJ’s Wholesale, which will trade under the ticker symbol “BJ,” is a membership-based shopping warehouse chain that competes with stores like Costco Wholesale Corp. COST, -0.33% and Walmart Inc.’s WMT, -1.35% Sam’s Club.

Analysts have highlighted the competitive moat between Costco and Amazon.com Inc. AMZN, -0.26% , with UBS analysts writing in a note from early May that Costco has a price advantage over both Sam’s Club and Amazon.

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