Ross Stores, Inc.

Dublin, Calif. -- dd’s Discounts, a division of Ross Stores, Inc., opened a new store in Tampa on June 27.  

The 22,000-sq.-ft. store, located in University Plaza on the northwest corner of Fletcher Avenue and Bruce B. Downs Boulevard, marks the retailer’s 26th store in Florida and secures the state as dd’s third-largest in terms of store counts.

Dublin, Calif. -- dd’s Discounts, a division of Ross Stores, Inc., opened a new store in Eastex, Texas on June 27.  

The 21,000-sq.-ft. store is located in the Eastex Shopping Center at Highway 59 and Little York Road.  
 

New York -- The off-price segment is on fire, but newcomers to the sector should watch out, warns a report by Moody’s Investors Service.

The U.S. off-price apparel and home products segment continues to grow rapidly as consumers who developed a taste for cheaply priced luxury goods during the recession keep up their hunt for bargains, Moody's Investors Service said in a new report.

Dublin, Calif. – Ross Stores Inc. topped Wall Street expectations with net earnings of $282 million in the first quarter of fiscal 2015, up 15% from $244 million in the year-ago period. A one-time benefit related to timing of packaway costs (when a discount retailer buys end-of-season merchandise to sell at a markup the following year) boosted profits.
  The off-price retailer reported that its sales rose 10% to $2.93 billion from $2.68 billion in the year-ago period.  Same-store sales increased 5%.

Dublin, Calif. – Costs and expenses did not grow at the same rate as sales during the fourth quarter of fiscal 2014 at Ross Stores Inc., resulting in significant net income growth compared to the prior year period. Ross Stores’ net earnings grew 14% to $248.53 million, from $217.95 million.

Sales climbed 10% to $3.03 billion, from $2.74 billion. Same-store sales rose 6%.

Dublin, Calif. -- dd’s Discounts, a division of Ross Stores, Inc., will open a new store in Waco, Texas. The new store is slated to open Feb. 28 and is located in the Parkdale Shopping Center at North Valley Mills Drive and Bosque Boulevard, 13 miles southwest of Baylor University.  

Texas is the retailer’s second largest state with a total of 32 stores.  Including this new location, dd’s Discounts will operate over 155 locations in 15 states.
 

Dublin, Calif. -- dd’s Discounts, a division of Ross Stores, Inc., will open a new store in Oxnard, California. The opening date is scheduled for Feb. 28.

The new store is located in Fremont Square along North Ventura Road and Doris Avenue in North Oxnard.

California is the retailer’s largest state with a total of 68 stores.  Including this new location, dd’s Discounts will operate 156 locations in 15 states.
 

Dublin, Calif. -- dd’s Discounts, a division of Ross Stores, Inc., will open a new store in north Jacksonville, Florida.  The opening is slated for Feb. 28.

The new store is located in Highland Square at Dunn Avenue and Monaco Drive off Interstate 95. Florida is the retailer’s third largest state with a total of 25 stores. Including this new location, dd’s Discounts will operate over 150 locations in 15 states.