Ross Just Opened 28 New Stores

Ross Stores (ROST) continues to grow impressively. The discounter opened 28 new stores in February and March.

Ross Stores recently opened a total of 22 Ross Dress for LessĀ® (“Ross”) and six dd’s DISCOUNTSĀ® stores across 15 different states in February and March. These new locations are part of the Company’s 2016 expansion plans to add approximately 70 Ross and 20 dd’s DISCOUNTS locations throughout the year.

“These recent openings reflect our ongoing plans to continue building our presence in both existing and newer markets, including the Midwest for Ross, and expansion of dd’s DISCOUNTS,” said Jim Fassio, President and Chief Development Officer. “Ross Dress for Less remains the largest off-price apparel and home fashion chain in the U.S with 1,295 locations in 34 states, the District of Columbia and Guam. We continue to identify plenty of domestic growth opportunities ahead for both Ross and dd’s DISCOUNTS, and believe that over the long term, Ross can grow to 2,000 total locations and dd’s DISCOUNTS can become a chain of 500 stores.”

Posted by on March 29th, 2016 at 11:07 am

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