Americas Retail Specialty Hardlines Identifying Retailers With Strong Store Overlap With BJs And Costco Amidst Elevated Fuel Costs

Goldman Sachs analyzed the geographic overlap of BJ's and Costco gas stations with various hardline retailers to identify potential traffic beneficiaries amidst rising fuel costs. The report utilizes data on store locations within 1-mile radii to gauge positioning for key retailers.

Key Takeaways

• 1.Retailers with high store overlap with BJ's and Costco gas stations may be well-positioned to benefit from increased consumer traffic driven by gas station visits during high fuel cost periods.
• 2.Approximately 52% of Costco gas stations are within 1 mile of Dollar Tree stores, while 46% of BJ's gas stations are within 1 mile of Target.

Table of Contents

• Valuation & Risks
• Disclosure Appendix
• Distribution of ratings/investment banking relationships
• Price target and rating history chart(s)
• Ratings, coverage universe and related definitions