Ross Stores Announces Merchandising Leadership Changes
Ross Stores (NASDAQ: ROST) announced key merchandising leadership changes effective December 1, 2024. Karen Fleming will be promoted to President and Chief Merchandising Officer of Ross Dress for Less, while Karen Sykes will become President and Chief Merchandising Officer of dd's DISCOUNTS. Both executives will report directly to CEO Barbara Rentler.
Fleming, currently leading dd's DISCOUNTS, brings over two decades of experience within the company. Sykes, with three decades at Ross, moves from her role as Executive VP of Merchandising for Men's and Children's at Ross Dress for Less. These promotions aim to strengthen Ross Stores' off-price strategies and drive profitable market share growth.
Ross Stores, an S&P 500 and Fortune 500 company, reported fiscal 2023 revenues of $20.4 billion. The company operates 1,795 Ross Dress for Less locations and 353 dd's DISCOUNTS stores across the United States.
Ross Stores (NASDAQ: ROST) ha annunciato cambiamenti significativi nella leadership del merchandising, che entreranno in vigore il 1° dicembre 2024. Karen Fleming sarà promossa a Presidente e Chief Merchandising Officer di Ross Dress for Less, mentre Karen Sykes diventerà Presidente e Chief Merchandising Officer di dd's DISCOUNTS. Entrambe le dirigenti riporteranno direttamente all'Amministratore Delegato Barbara Rentler.
Fleming, attualmente alla guida di dd's DISCOUNTS, porta con sé oltre vent'anni di esperienza all'interno dell'azienda. Sykes, con tre decenni di esperienza in Ross, passa dal suo ruolo di VP Esecutivo del Merchandising per Uomini e Bambini in Ross Dress for Less. Queste promozioni mirano a rafforzare le strategie off-price di Ross Stores e a guidare una crescita redditizia della quota di mercato.
Ross Stores, una società quotata S&P 500 e Fortune 500, ha riportato entrate fiscali per il 2023 pari a $20,4 miliardi. L'azienda gestisce 1.795 punti vendita Ross Dress for Less e 353 negozi dd's DISCOUNTS in tutti gli Stati Uniti.
Ross Stores (NASDAQ: ROST) anunció cambios clave en el liderazgo de merchandising, que entrarán en vigor el 1 de diciembre de 2024. Karen Fleming será promovida a Presidenta y Directora de Merchandising de Ross Dress for Less, mientras que Karen Sykes se convertirá en Presidenta y Directora de Merchandising de dd's DISCOUNTS. Ambas ejecutivas reportarán directamente a la CEO Barbara Rentler.
Fleming, que actualmente lidera dd's DISCOUNTS, aporta más de dos décadas de experiencia dentro de la empresa. Sykes, con tres décadas en Ross, se traslada desde su rol de VP Ejecutiva de Merchandising para Hombres y Niños en Ross Dress for Less. Estas promociones tienen como objetivo fortalecer las estrategias de precios bajos de Ross Stores y impulsar un crecimiento rentable de la cuota de mercado.
Ross Stores, una compañía en el S&P 500 y Fortune 500, reportó ingresos fiscales de 2023 de $20.4 mil millones. La empresa opera 1,795 ubicaciones de Ross Dress for Less y 353 tiendas dd's DISCOUNTS en Estados Unidos.
로스 스토어즈 (NASDAQ: ROST)는 2024년 12월 1일부터 시행되는 주요 머천다이징 리더십 변경 사항을 발표했습니다. 카렌 플레밍이 로스 드레스 포 레스(Ross Dress for Less)의 회장 겸 최고 머천다이징 책임자로 승진하며, 카렌 사이크스는 dd's DISCOUNTS의 회장 겸 최고 머천다이징 책임자가 됩니다. 두 임원 모두 CEO 바바라 렌틀러에게 직접 보고할 것입니다.
현재 dd's DISCOUNTS를 이끌고 있는 플레밍은 회사 내에서 20년 이상의 경험을 가지고 있습니다. 로스에서 30년의 경력을 가진 사이크스는 로스 드레스 포 레스에서 남성과 아동을 위한 머천다이징 부문 부사장에서 이동하게 됩니다. 이러한 승진은 로스 스토어즈의 저가 전략을 강화하고 수익성 있는 시장 점유율 증가를 조정하기 위한 것입니다.
로스 스토어즈는 S&P 500 및 Fortune 500에 상장된 회사로, 2023 회계 연도 수익은 204억 달러로 보고되었습니다. 이 회사는 미국 전역에 1,795개의 로스 드레스 포 레스 매장과 353개의 dd's DISCOUNTS 매장을 운영합니다.
Ross Stores (NASDAQ: ROST) a annoncé des changements clés dans la direction du merchandising, effectifs à partir du 1er décembre 2024. Karen Fleming sera promue Présidente et Directrice du Merchandising de Ross Dress for Less, tandis que Karen Sykes deviendra Présidente et Directrice du Merchandising de dd's DISCOUNTS. Les deux dirigeantes rendront directement compte à la CEO Barbara Rentler.
Fleming, actuellement à la tête de dd's DISCOUNTS, possède plus de vingt ans d’expérience au sein de l’entreprise. Sykes, avec trois décennies d'expérience chez Ross, passe de son rôle de VP Exécutif du Merchandising pour les Hommes et les Enfants chez Ross Dress for Less. Ces promotions visent à renforcer les stratégies à prix réduit de Ross Stores et à stimuler une croissance rentable de la part de marché.
Ross Stores, une entreprise classée S&P 500 et Fortune 500, a déclaré des revenus fiscaux de 20,4 milliards de dollars pour 2023. L'entreprise exploite 1 795 magasins Ross Dress for Less et 353 magasins dd's DISCOUNTS à travers les États-Unis.
Ross Stores (NASDAQ: ROST) gab bedeutende Veränderungen in der Führung des Merchandising bekannt, die am 1. Dezember 2024 in Kraft treten werden. Karen Fleming wird zur Präsidentin und Chief Merchandising Officer von Ross Dress for Less befördert, während Karen Sykes Präsidentin und Chief Merchandising Officer von dd's DISCOUNTS wird. Beide Führungskräfte berichten direkt an CEO Barbara Rentler.
Fleming, die derzeit dd's DISCOUNTS leitet, bringt mehr als zwei Jahrzehnte Erfahrung im Unternehmen mit. Sykes, die seit drei Jahrzehnten bei Ross ist, wechselt von ihrer Rolle als Executive VP für Merchandising von Herren- und Kinderbekleidung bei Ross Dress for Less. Diese Beförderungen haben zum Ziel, die Off-Price-Strategien von Ross Stores zu stärken und ein profitables Wachstum des Marktanteils voranzutreiben.
Ross Stores, ein S&P 500 und Fortune 500 Unternehmen, berichtete für das Geschäftsjahr 2023 von einem Umsatz von 20,4 Milliarden USD. Das Unternehmen betreibt 1.795 Ross Dress for Less Standorte und 353 dd's DISCOUNTS Geschäfte in den Vereinigten Staaten.
- Promotion of experienced executives with decades of company knowledge
- Strategic move to strengthen off-price strategies
- Aim to drive profitable market share growth
- Ross Stores reported $20.4 billion in fiscal 2023 revenues
- Extensive retail presence with 1,795 Ross Dress for Less and 353 dd's DISCOUNTS stores
- None.
Karen Fleming Promoted to President and Chief Merchandising Officer, Ross Dress for Less
Karen Sykes Promoted to President and Chief Merchandising Officer, dd’s DISCOUNTS
- Karen Fleming is being promoted to President and Chief Merchandising Officer, Ross Dress for Less, continuing to report directly to Barbara Rentler, Chief Executive Officer. Ms. Fleming is currently President and Chief Merchandising Officer of dd’s DISCOUNTS and is responsible for directing all aspects of merchandising at dd’s. In her new role, Ms. Fleming will oversee the merchandising responsibilities at Ross Dress for Less.
- Karen Sykes will become President and Chief Merchandising Officer, dd’s DISCOUNTS, also continuing to report directly to Barbara Rentler, Chief Executive Officer. Ms. Sykes will replace Ms. Fleming upon her promotion. Ms. Sykes currently serves as Executive Vice President, Merchandising overseeing Men’s and Children’s at Ross Dress for Less. In her new role, Ms. Sykes will direct all aspects of merchandising at dd’s.
In commenting, Chief Executive Officer Barbara Rentler said, “We are very pleased to announce the promotions of these two extremely talented senior executives. Karen Fleming is a gifted and seasoned executive with over two decades at our Company serving in different leadership roles at both Ross Dress for Less and dd’s DISCOUNTS. I’m excited for Karen as she takes on this new role leading the merchandising efforts for the entire Ross Dress for Less chain. Karen Sykes is a skilled merchant with over three decades of experience within our organization. I’m delighted for Karen’s well-deserved promotion, where she will lead the dd’s DISCOUNTS merchandising team. I believe her in-depth knowledge of the off-price business and demonstrated leadership skills will drive continued profitable growth at dd’s.”
About Ross Stores, Inc.
Ross Stores, Inc. is an S&P 500, Fortune 500, and Nasdaq 100 (ROST) company headquartered in
View source version on businesswire.com: https://www.businesswire.com/news/home/20240910680279/en/
Adam Orvos
Executive Vice President, Chief Financial Officer
(925) 965-4550
Connie Kao
Group Vice President, Investor Relations
(925) 965-4668
connie.kao@ros.com
Source: Ross Stores, Inc.
FAQ
When will the new merchandising leadership changes at Ross Stores (ROST) take effect?
Who is being promoted to President and Chief Merchandising Officer of Ross Dress for Less?
What is Karen Sykes' new role at Ross Stores (ROST)?
How many Ross Dress for Less locations does Ross Stores (ROST) operate?
What were Ross Stores' (ROST) fiscal 2023 revenues?
