1- We may not be able to protect our intellectual property adequately, which, in turn, could harm the value of our brand and adversely affect our business.

2-We depend on having a large and loyal membership, and any harm to our relationship with our members could have a material adverse effect on our business, net sales, and results of operations.

3-Our growth strategy to open new clubs involves risks.

BJ's Wholesale Company this is the three risk factors so I have to explain why this three is a risk for BJs Wholesale company?

Review the Risk Factors section of the report. This section discloses management's view of the significant risks that may affect the business and often has a lengthy list as management tries to cover all possible situations that may adversely impact the business. Select three risk factors that the group believes are the most relevant to the company. Explain why the company's business may be particularly vulnerable to the risk factors selected. (500 words)