Ross rounds out store openings for the year with 40 new locations
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Ross rounds out store openings for the year with 40 new locations. The discount retailer is barreling toward its overall goal of 2,900 Ross Dress for Less and 700 DD's Discounts locations. In under two months, discount retailer Ross Stores has opened 40 new stores. The company launched 36 Ross Dress for Less and four DD's Discounts stores in 17 states in September and October. The openings complete the retailer's growth plans for fiscal 2025, adding a total of 90 stores in the time period, according to a company press release. The brick-and-mortar expansion brought additional Ross Dress for Less locations to the Midwest and Northeast, with new stores in Michigan, New Jersey and New York, according to Richard Lietz, executive vice president of property development. DD's expanded its footprint in the company's core markets of California and Texas. "This fall, we continued to strengthen our brand presence by opening stores in existing markets and expanding in new markets," Lietz said in a statement. "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." The company acquired a number of stores in the Rite Aid bankruptcy deal, mostly in its West Coast markets, Group President and Chief Operating Officer Michael Hartshorn recently said on a call with...
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A year ago, Ross Stores announced the appointment of James Conroy as its chief executive officer.
