#USA #Dublin, California #Ross Stores #Retail Expansion #dd's DISCOUNTS

Ross Stores Expands Its Reach with New Openings

In a significant move to enhance its presence in the retail market, Ross Stores, Inc. has opened 19 new locations in March 2025. This expansion includes 16 Ross Dress for Less stores and three dd's DISCOUNTS outlets spanning 14 different states. Richard Lietz, the Executive Vice President of Property Development, expressed enthusiasm about these new stores, emphasizing the company's strategy to grow in both well-established and emerging markets.

Among the states benefitting from this expansion are Connecticut, Minnesota, New Jersey, and New York, where Ross has made significant strides. Meanwhile, dd's DISCOUNTS has focused its growth efforts in familiar regions such as California, Georgia, and Texas. This balanced approach not only strengthens Ross's presence but also caters to diverse customer needs across various locales.

The newly opened stores come as part of Ross's ambitious plan to add approximately 90 new stores throughout fiscal 2025. This expansion targets around 80 Ross locations and 10 dd's DISCOUNTS stores. Such an extensive growth plan reflects the company's confidence in meeting the consumer demand for affordable and convenient shopping options.

Currently, Ross operates a whopping 2,205 stores, which includes both Ross Dress for Less and dd's DISCOUNTS, across 44 states, the District of Columbia, and Guam. The company is optimistic about its future, aiming to reach up to 2,900 locations for Ross and 700 stores for dd's DISCOUNTS. This optimistic outlook is driven by the ongoing consumer focus on value and convenience, traits that are embedded in the brand's offerings.

For consumers, Ross is known for providing a diverse range of top-quality, in-season brand-name apparel and home fashion items at substantial discounts, typically ranging from 20% to 60% off typical retail prices. dd's DISCOUNTS also offers a carefully curated selection at even lower price points, ensuring that shoppers can find excellent deals without sacrificing quality.

The strong performance of Ross Stores, Inc. is not just limited to its expansion plans; the company reported impressive revenues of $21.1 billion in fiscal 2024, solidifying its position as a leader in the off-price retail landscape. As the largest such retailer in the U.S., Ross continues to explore innovative ways to enhance customer experience and increase its stakeholder value.

As the retail environment evolves, Ross Stores remains committed to delivering unbeatable value, showcasing their understanding of consumer habits, and adapting to the changing landscape. As they gear up for this extensive opening schedule in 2025, both consumers and investors alike will be keenly watching how Ross adapts to challenges and opportunities within the market. With a clear roadmap and a dedicated team, Ross Stores is poised for success in the upcoming years.