dd's DISCOUNTS to Open its First Wisconsin Store in Milwaukee

Rhea-AI Summary

Ross Stores has announced the opening of its first dd's DISCOUNTS store in Milwaukee on February 4, 2023. Located in Loomis Centre, the new store spans 18,500 square feet, adding to the over 2,000 off-price apparel and home fashion stores operated by Ross Dress for Less and dd's DISCOUNTS in 40 states, the District of Columbia, and Guam. In fiscal 2021, Ross Stores generated revenues of $18.9 billion. The company provides substantial savings on name-brand and designer items, offering 20% to 60% off regular prices.

Positive

• Opening a new dd's DISCOUNTS store in Milwaukee expands market presence.
• The store addition contributes to Ross's portfolio of over 2,000 locations.
• Revenue of $18.9 billion in fiscal 2021 indicates strong financial performance.

Negative

• None.

Dublin, California, January 30, 2023 – dd's DISCOUNTS^®, a division of Ross Stores, will open its first new store in Milwaukee on February 4, 2023.  The 18,500 square foot store is located in Loomis Centre, at the northwest corner of South 27^th Street and West Loomis 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. 30, 2023/

SOURCE Ross Stores, Inc.

FAQ

When is the new dd's DISCOUNTS store opening in Milwaukee?

The new dd's DISCOUNTS store in Milwaukee is opening on February 4, 2023.

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

The new dd's DISCOUNTS store in Milwaukee is 18,500 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 generated revenues of $18.9 billion in fiscal 2021.

What discounts does Ross offer in their stores?

Ross offers savings of 20% to 60% off on name-brand and designer items.