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Ross Stores opens 19 new stores in 14 states

Ross stores said on Monday that it added 19 sites to its mark this month.

The new sites consisted of 16 Russian dress for less and three DD stores, according to the divisional division.

The stores were opened in 14 different states throughout the United States

Ross dress for a lower store

Ross stores said on Monday that it added 19 sites to its mark this month. (Paul Weaver/SOPA Images/Lightrockket via Getty Images/Getty Images)

“This spring, we continued to expand the store base for both Ross and DD. Specifically for Russians, we expanded our presence in the newer markets in Connecticut, Minnesota, New Jersey, and New York, while DD growth focused on the current markets in the California, Georgia, Tksas,“ Ross Stores, President, Richard Liets.

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The new Ross sites have helped raise the number of stores bearing the company’s name to 1,847, according to retail stores. Meanwhile, Ross Stores now owns approximately 360 DD discount stores.

The company is looking to launch nearly 80 Russian sites and 10 DD discount stores over the year 2025, including the latest additions.

Ross shoppers

The new Russian stores were opened in 14 different states throughout the United States (Jeff Greenberg/Eduction Images/Universal Images Group via Getty Images/Getty Images)

Ross Cfo Adam Orvos told analysts and investors on March 4, when the retail challenge issued its profits in the fourth quarter, that the 90s planned in 2025 “do not include our plans to close or transfer about 10 to 15 old stores.”

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Ross opened 75 sites bearing a name throughout the year 2024. Fourteen DD discount stores opened their doors during the same time frame, according to the company.

index protection last Changing % Change
Rose Ross stores. 132.12 -3.84

-2.82 %

Sales of approximately $ 21.13 billion were born during the fiscal year 2024, which represents an increase of 3.7 % over the previous year. Meanwhile, his net income expanded to $ 2.01 billion.

Out of Ross store

Ross Stores has been working in the retail industry since the 1980s. (Smith Collection/GADO/Getty Images/Getty Images)

“While we look in the long term, we are still confident that Ross can grow to 2900 sites, and DD discounts can become a series of 700 stores due to the concentration of consumers on value and comfort,” Leitz said on Monday in a statement.

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Ross Stores has been working in the retail industry since the 1980s. The brand of DD discounts was presented in the early first decade of the twentieth century.

2025-03-10 18:28:00

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