ROSS STORES OPENS 51 NEW LOCATIONS

Rhea-AI Summary

Ross Stores completes 2023 store growth plans

Positive

• Ross Stores recently opened 43 Ross Dress for Less® and eight dd's DISCOUNTS® stores across 22 different states in September and October, completing their store growth plans for fiscal 2023 with the addition of 97 new locations.

Negative

• None.

COMPLETES 2023 STORE GROWTH PLANS

DUBLIN, Calif., Oct. 11, 2023 /PRNewswire/ -- Ross Stores recently opened 43 Ross Dress for Less^® and eight dd's DISCOUNTS^® stores across 22 different states in September and October. These new locations complete the Company's store growth plans for fiscal 2023, with the addition of 97 new locations. 

"This fall, we continued to expand our presence in both existing and newer markets," said Gregg McGillis, Group Executive Vice President, Property Development. "At Ross Dress for Less, we opened our first stores in the states of New York and Minnesota while dd's grew its footprint in California, Maryland, Tennessee, and Texas. Looking ahead, we remain confident in our expansion plans and see plenty of opportunity to grow to at least 2,900 Ross Dress for Less and 700 dd's DISCOUNTS locations over time."

Together, Ross Dress for Less and dd's DISCOUNTS currently operate a total of 2,112 locations in 43 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 2022 revenues of $18.7 billion. Currently, the Company operates Ross Dress for Less^® ("Ross"), the largest off-price apparel and home fashion chain in the United States with 1,765 locations in 43 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 347 dd's DISCOUNTS^® in 22 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

 

View original content:https://www.prnewswire.com/news-releases/ross-stores-opens-51-new-locations-301952966.html

SOURCE Ross Stores, Inc.

FAQ

How many new locations did Ross Stores open in September and October?

Ross Stores opened 43 Ross Dress for Less® and eight dd's DISCOUNTS® stores.

How many total locations does Ross Stores currently operate?

Ross Stores currently operates a total of 2,112 locations in 43 states, the District of Columbia, and Guam.

What are the expansion plans for Ross Stores?

Ross Stores plans to grow to at least 2,900 Ross Dress for Less and 700 dd's DISCOUNTS locations over time.