dd's DISCOUNTS to Open a New Store in San Jose, California

Rhea-AI Summary

Ross Stores announces the opening of a new dd's DISCOUNTS store in San Jose, California, on February 4, 2023. The 21,500 square foot store is located in the White & Quimby Shopping Center. Ross Dress for Less and dd's DISCOUNTS operate over 2,000 off-price apparel and home fashion stores across 40 states, the District of Columbia, and Guam. In fiscal 2021, Ross Stores achieved revenues of $18.9 billion, positioning itself as the largest off-price apparel chain in the U.S., offering significant savings on name brand products.

Positive

• Opening of a new store in San Jose can drive additional revenue.
• Expansion increases market presence in California.

Negative

• None.

Dublin, California, January 25, 2023 – dd's DISCOUNTS^®, a division of Ross Stores, will open a new store in San Jose on February 4, 2023.  The 21,500 square foot store is located in the White & Quimby Shopping Center, at the southeast corner of White Road and Quimby Road.

Together, Ross Dress for Less and dd's DISCOUNTS^® currently operate over 2,000 off-price apparel and home fashion stores in 40 states, the District of Columbia, and Guam.

Ross Stores, Inc. is an S&P 500, Fortune 500, and Nasdaq 100 (ROST) company headquartered in Dublin, California, with fiscal 2021 revenues of $18.9 billion. The Company operates Ross Dress for Less^® ("Ross"), the largest off-price apparel and home fashion chain in the United States in 40 states, the District of Columbia, and Guam. Ross offers first-quality, in-season, name brand and designer apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 60% off department and specialty store regular prices every day. The Company also operates dd's DISCOUNTS^® in 21 states that feature a more moderately-priced assortment of first-quality, in-season, name brand apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 70% off moderate department and discount store regular prices every day. Additional information is available at www.rossstores.com.

Contact:	Connie Kao
	Group Vice President, Investor & Media Relations
	(925) 965-4668
	connie.kao@ros.com

/PRNewswire -- Jan. 25, 2023/

SOURCE Ross Stores, Inc.

FAQ

When will the new dd's DISCOUNTS store open in San Jose?

The new dd's DISCOUNTS store will open on February 4, 2023.

What is the size of the new dd's DISCOUNTS store in San Jose?

The new store is 21,500 square feet.

How many stores does Ross operate?

Ross operates over 2,000 off-price apparel and home fashion stores.

What were Ross Stores' revenues in fiscal 2021?

Ross Stores achieved revenues of $18.9 billion in fiscal 2021.

Where is the new dd's DISCOUNTS store located?

It is located in the White & Quimby Shopping Center in San Jose.