by Mike Duff | Jul 19, 2023 | Retail Articles
Ross Stores is continuing to open stores across the United States under its namesake and dd’s Discounts banners and has entered new markets with each. The company opened 18 of its namesake Ross Dress for Less and nine dd’s Discounts stores across 14 different...
by Mike Duff | Jun 21, 2023 | Retail Articles
Ross Stores’ board of directors has initiated a leadership succession plan through an agreement with Vice Chair and CEO Barbara Rentler that will extend through March 31, 2027. Under the plan, Rentler, who became Ross Stores CEO in 2014, will continue in that...
by Mike Duff | Jun 20, 2023 | Retail Articles
The dd’s Discounts division of Ross Stores continues to add new locations, with multiple store openings slated for June 24. As part of its expansion initiatives, Ross reported will open a 17,000-square-foot dd’s Discount store in Salinas, CA; a 19,000-square-foot...
by Mike Duff | May 19, 2023 | Retail Articles
Ross had a solid quarter, with sales and earnings gaining enough to beat Wall Street estimates. The company posted net earnings of $371.2 million, or $1.09 per diluted share, versus $338.4 million, or 97 cents per diluted share, in the year-prior quarter. Comparable...
by Mike Duff | Mar 9, 2023 | Retail Articles
In February and March, Ross Stores opened 11 namesake and eight dd’s Discounts stores in 13 of the United States. Both banners expanded in existing markets including those in California, Texas, and Florida, the company noted. For dd’s, growth also included...
