Off-Price Retailer Ross Defies Trends With 40 New Store Openings

Strategic Expansion in Key Markets Executive Vice President of Property Development Richard Lietz stated, “This fall, we continued to strengthen our brand presence by opening stores in existing markets and expanding in new markets”.

New Ross stores opened across the Midwest and Northeast, including key additions in Michigan, New Jersey, and New York. The footprint in Sunbelt states also increased, while dd’s DISCOUNTS bolstered its position in core regions of California and Texas.

Ross’s growth comes amidst an era of consolidation for other retailers, including high-profile closures among former giants like Macy’s and Bed Bath & Beyond.

“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,” Lietz said. As of October, Ross operates 2,273 stores in 44 states, the District of Columbia, Guam, and Puerto Rico…