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Ross nears 200 dd’s Discounts locations
Ross Stores will open eight new dd’s Discounts stores in the coming week, bringing the coverage of its moderately priced apparel chain to near 190 units. Ribbons will be cut at stores in Delano, Fairfield, and Stockton, California; Margate and Palm Springs, Florida; Marrero, Louisiana; and Pasadena, Texas. -
Home goods retailer falls short in Q1
Bed Bath & Beyond Inc.’s first quarter profit declined amid flat sales and increased expenses that cut into its bottom-line. The company’s profit fell to $122.6 million from $158.5 million in the year-ago period, less than analysts had expected. Sales remained flat year-over-year at $2.74 billion, also below estimates. Same-store sales decreased 0.5%.