Added 90 Total Stores in 2015
DUBLIN, Calif., 2015-10-13 — /EPR Retail News/ — Ross Stores today announced the opening of 19 Ross Dress for Less® (“Ross”) and seven dd’s DISCOUNTS® stores across 14 different states in September and October. These new locations complete the Company’s 2015 expansion plans to add a total of 90 stores during the year.
“This recent opening group rounds out our 2015 store growth plans to add 70 Ross and 20 dd’s DISCOUNTS locations,” said Jim Fassio, President and Chief Development Officer. “We entered our 34th state in October, opening three new stores in Wisconsin. Our ongoing focus remains on expansion across both existing and newer markets, such as the Midwest. Longer term, we continue to plan for significant growth throughout all markets, and remain confident that Ross Dress for Less can grow to 2,000 locations and dd’s DISCOUNTS can become a chain of 500 stores.”
Ross Stores, Inc. is an S&P 500, Fortune 500 and Nasdaq 100 (ROST) company headquartered in Dublin, California, with fiscal 2014 revenues of $11.0 billion. Currently, the Company operates Ross Dress for Less®(“Ross”), the largest off-price apparel and home fashion chain in the United States with 1,276 locations in 34 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 currently operates 172 dd’s DISCOUNTS® in 15 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.
|Senior Director, Investor & Media Relations|
SOURCE: Ross Stores, Inc.