Ross details 2025 store expansion
Ross Stores Inc. is continuing its rapid pace of expansion in 2025.
The off-price retailer opened 16 Ross Dress for Less and three DD’s Discounts stores in 14 different states in March. These new locations are part of the company's plans to add approximately 90 new stores, comprised of about 80 Ross and 10 DD’s Discounts, during fiscal 2025.
The new stores include Ross Dress for Less locations in the retailer’s newer markets of Connecticut, Minnesota, New Jersey and New York. The company primarily focused DD’s Discounts growth in the existing markets of California, Georgia and Texas.
Ross Stores now operates a total of 2,205 Ross Dress for Less and DD’s Discounts locations across 44 states, the District of Columbia, and Guam.
"This spring, we continued to expand the store base of both Ross and DD's," said Richard Lietz, executive VP, property development. "As we look out over the long term, we remain confident that Ross can grow to 2,900 locations and DD’s Discounts can become a chain of 700 stores given consumers' ongoing focus on value and convenience."
Ross shakes up C-suite
Ross Stores is continuing its aggressive expansion plans as it prepares for change in the CFO position. In February 2025, the company announced that Adam Orvos will retire as executive VP and CFO, effective Sept. 30, 2025.
[READ MORE: Ross announces CFO transition]
William Sheehan, currently group senior VP of finance at Ross Stores, has been promoted to deputy CFO, and is expected to succeed Orvos as CFO on Oct. 1, 2025.
Orvos joined Ross more than four years ago, and has served as CFO since October of 2021. His previous experience included high-level leadership roles at Neiman Marcus Group, Total Wine & More, and Belk.
Headquarted in Dublin, Calif., Ross Stores, Inc. operates Ross Dress for Less, the largest off-price apparel and home fashion chain in the U.S. with 1,847 locations in 44 states, the District of Columbia, and Guam. The company also operates 358 DD’s Discounts in 22 states.
