Ross news and archive

Ross Stores open 40 new locations

Ross Stores has announced the recent opening of 30 Ross Dress for Less and ten dd's Discounts stores across 19 different states in September and October. These new locations complete the Company's store growth plans for fiscal 2018 with the addition of 99 new stores. "This fall, we continued to expand our Ross and dd's footprints across our...

Report

Ross Stores declares quarterly dividend

The board of directors of Ross Stores, Inc. has declared a regular quarterly cash dividend of 0.225 dollar per common share, payable on September 28, 2018 to stockholders of record as of September 13, 2018. Headquartered in Dublin, California, Ross Stores operates Ross Dress for Less with 1,453 locations in 38 states, the District of Columbia,...

Retail

Ross Stores Inc opens 30 new locations across the US

Ross Stores Inc.’s expansion plans are going full steam ahead. The company has opened 22 Ross Dress for Less stores and eight DD’s Discounts stores across 12 different states and Washington, DC, in June and July alone. In total, Ross Stores Inc. plans to open 100 new stores in 2018 -- 75 of them carrying the brand Ross Dress for Less, and 25 DD’...

Report

Ross Stores Q1 profits rise 30.2 percent

American off-price retailer Ross Stores said on Thursday its Q1 net profit for 2018 rose. Revenues increased by 8.6 percent from the same period last year. The company’s net profit for Q1 2018 was 418 million US dollars, up from 321 million US dollars a year earlier. Revenues rose to 3589 million US dollars. The profit margin of the company rose...

Retail

Ross opening 100 new locations in 2018

Ross is expanding its retail footprint. The company recently opened 23 Ross Dress for Less and six dd's Discounts stores across 14 different states in February and March. These new locations are part of the company's plans to add approximately 100 New Stores, including 75 Ross and 25 dd's Discounts locations during 2018. "With these recent...

RetailFeatured

Ross Stores opens 28 new locations

Ross Stores has announced the recent opening of 21 Ross Dress for Less and seven dd's Discounts stores across 15 different states in June and July. These new locations are part of the company's plan to add approximately 70 Ross and 20 dd's locations in 2017. "With this opening group, we continued to expand Ross and dd's in both new and existing...

Retail

Ross moves forward with retail plans

Amidst a struggling retail climate, one business is turning to expansion rather than downsizing. Discount retailer Ross Stores just opened up 28 new locations including both Ross Dress for Less and dd’s Discounts locations. Spreading across 15 different states in the U.S., the company has opened 23 Ross Dress for Less stores and five of its...

Retail

Ross Dress for Less opens two new locations

Off-price apparel brand Ross Dress for Less is opening two new locations in Missouri. The brand is planning to open the two stores next month as part of a retail expansion plan for the year. The company has proposed about 70 new locations for the year 2016. Currently, these locations are the brand’s newest openings. The first flagship will be...

People

Ross Stores hires new president of merchandising

Ross Stores, Inc. recently just made a new change to one of their head departments. For Ross Dress for Less, the company just recently promoted Bernie Brautigan to president of merchandising. Previously, Brautigan worked as group executive vice president for the brand. He reported to Barbara Rentler, the company’s chief executive officer. In his...

RetailFeatured

Ross opens 27 new stores in July

There is always a market for the value driven shopper, and Ross certainly knows how to take advantage of that market. The discount retail chain opened an impressive 27 stores in July as part of their 90 store expansion plan for 2015. Ross Stores Inc. opened 19 Dress for Less units and 8 DD's Discounts stores in 15 states. Their 2015 expansion...

People

Doug Baker quits as President, dd's Discounts

Ross Stores has announced that Doug Baker, who served as President and Chief Merchandising Officer of dd's Discounts since 2011, has put in his papers. The senior merchandising executives at dd's Discounts will now report to Michael Balmuth, Executive Chairman, while the company conducts a search to fill this position. Commenting on Baker’s...