Off-price retailer completes aggressive growth plan
Ross Stores has spent the fall in growth mode.
The specialty retailer recently completed its aggressive expansion strategy, which included opening 30 Ross Dress for Less stores and 10 dd's Discounts stores across 22 different states in September and October. The stores opened across both new and existing markets, and nearly half of the company’s Ross store openings are positioned in the retailer’s newest market – the Midwest.
These new locations complete the company's store growth plans for fiscal 2017.
“Overall, the company now operates over 1,400 Ross and over 200 dd's Discounts locations,” said Jim Fassio, president and chief development officer.
“Looking ahead, we continue to believe there is plenty of opportunity to further expand our store base given consumers' ongoing focus on value,” he added. “We remain confident that, over the long-term, Ross can grow to 2,000 locations and dd's can become a chain of 500 stores.”
With these additions, the off-price apparel and home fashion chain now operates 1,412 locations in 37 states, the District of Columbia and Guam.
The specialty retailer recently completed its aggressive expansion strategy, which included opening 30 Ross Dress for Less stores and 10 dd's Discounts stores across 22 different states in September and October. The stores opened across both new and existing markets, and nearly half of the company’s Ross store openings are positioned in the retailer’s newest market – the Midwest.
These new locations complete the company's store growth plans for fiscal 2017.
“Overall, the company now operates over 1,400 Ross and over 200 dd's Discounts locations,” said Jim Fassio, president and chief development officer.
“Looking ahead, we continue to believe there is plenty of opportunity to further expand our store base given consumers' ongoing focus on value,” he added. “We remain confident that, over the long-term, Ross can grow to 2,000 locations and dd's can become a chain of 500 stores.”
With these additions, the off-price apparel and home fashion chain now operates 1,412 locations in 37 states, the District of Columbia and Guam.