Ross Stores adds 51 locations, completes network expansion plans

Ross store sign
The latest round of openings raises the total number of new stores to 115 this year. (Source: Depositphotos)

Ross Stores recently opened 41 Ross Dress for Less and 10 DD’s Discounts stores across 17 states in September and October.

The latest round of openings raises the total number of new stores to 115 this year, wrapping up the company’s store growth plans for the period.

“Building on the strong performance of our newer stores, we are excited to open our inaugural stores in Massachusetts while strengthening Ross Dress for Less’ presence in New York and other existing markets,” said Richard Lietz, EVP of property development. 

“At DD’s Discounts, we are pleased to further expand in our established core markets of California, Florida, and Texas.” 

The discount retailer now operates approximately 2377 Ross Dress for Less and DD’s Discounts locations across 45 states, the District of Columbia, Guam, and Puerto Rico. 

“We remain confident in the long-term opportunities for both brands. As customers increasingly seek great brands at great prices, Ross’ off-price offering continues to resonate, and we believe we are well positioned to grow to at least 2900 Ross Dress for Less and 700 DD’s Discounts locations over time,” Lietz added.

For the second quarter ended August 1, Ross Stores reported a 13 per cent sales growth, while operating profit nearly doubled.

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