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Off-pricer to open 90 stores in 2017


Ross Stores continues to maintain an aggressive store expansion strategy.

The retailer recently opened 23 Ross Dress for Less stores and five dd's Discounts stores across 15 different states in February and March. The new locations are part of the company's plans to add approximately 70 Ross stores and 20 dd's locations during 2017.

"These new spring stores further strengthen our presence in the Midwest, which accounts for approximately one-quarter of these openings, and includes initial entry into our newest state of Iowa,” said Jim Fassio, president and chief development officer. “We also continue to see opportunity to grow in our largest states with new locations in California, Florida and Texas.”

With the new openings, Ross now operate a total of 1,561 Ross Dress for Less and 198 dd's stores across 37 states, the District of Columbia, and Guam.

“Looking ahead, we remain confident that over time, Ross can grow to 2,000 locations and dd's can become a chain of 500 stores,” said Fassio.

Based in Dublin, California, Ross had fiscal 2016 revenues of $12.9 billion.

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