US-based off-price apparel and home fashion chain Ross Stores has expanded its presence by opening 28 new stores across ten US states.
The new locations are part of the company’s strategy to open 100 new stores in the US this year, which includes 75 Ross Dress for Less and 25 dd’s Discounts stores.
The company opened 22 Ross Dress for Less and six dd’s Discounts stores during this month and last month.
With this expansion, the retailer now operates 1,772 off-price apparel and home fashion stores under the two brands in 39 states, the District of Columbia, and Guam.
Ross Stores president and chief development officer Jim Fassio said: “These recent openings reflect our ongoing strategy of targeting growth in both established regions and newer markets.
“The 28 locations we added this Summer include five stores in our newer Midwest markets of Illinois, Indiana, Kentucky and Missouri. In addition, Ross entered the state of Ohio with the opening of two new stores and now operates in 39 states.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
“Looking ahead, we remain confident in our ability to grow to 2,400 Ross Dress for Less and 600 dd’s Discounts locations over time.”
Headquartered in Dublin, California, the retailer offers products, such as apparels, accessories, footwear and home fashions through its stores, and has reported $15bn in revenue during the fiscal year 2018.