by Mike Duff | Feb 2, 2024 | Retail Articles
Ross Stores has promoted Karen Fleming to president and chief merchandising officer of its dd’s Discounts operation, effective April 1. She will report directly to Barbara Rentler, the company’s CEO. Fleming will direct all aspects of merchandising at dd’s Discounts,...
by Mike Duff | Nov 17, 2023 | Retail Articles
Value across its namesake and dd’s Discounts stores helped propel Rose Stores to a third-quarter Wall Street beat on sales and earnings. In the quarter, Ross posted net earnings of $447.3 million, or $1.33 per diluted share, versus $342 million, or $1 per diluted...
by Mike Duff | Oct 12, 2023 | Retail Articles
Ross Stores has appointed Stephen Brinkley to the newly created position of president, operations. In his new role, the company stated, Brinkley will report to Michael Hartshorn, group president and COO, and oversee property development, stores and supply chain. Ross...
by Mike Duff | Oct 11, 2023 | Retail Articles
Ross Stores cut the ribbon on 51 new locations in September and October in its latest store-opening spree. The openings, by banner, included 43 Ross Dress for Less and eight dd’s Discounts stores across the United States, the company noted. The new locations...
by Mike Duff | Aug 18, 2023 | Retail Articles
Strong home sales helped Ross Stores turn in a solid second quarter and top Wall Street estimates. Net earnings were $446.3 million, or $1.32 per diluted share, versus $384.5 million, or $1.11 per diluted share, in the year-prior quarter, Ross reported. An analyst...
