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Ross Stores on the move in California
Ross Dress for Less opened a new store North El Centro, California on March 5. The opening is part of the retailer’s 2016 expansion program, totaling about 70 new locations during the year.
The 26,000- sq.-ft. store is located at Centro Commons, 11 miles north of the California-Mexico border, at the intersection of Imperial Avenue and Cruickshank Drive. With this location, Ross operates 277 stores in California, its largest state.
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This retailer thinks 2016 could be a difficult year
Cato Corp., just delivered its highest earnings in company history and sales topped $1 billion, but chairman, president and CEO John Cato said the road ahead could be rocky.
Cato, operator of 1,372 stores in 32 states, said its fourth quarter sales increased 4% to $247.3 million and same-store sales increased 1%. Full year sales increased 2.4% to slightly exceed $1 billion, but the addition of 31 new stores was the primary driver of full year growth as same-store sales were flat.

