Ross Expands Longer-term Growth Plans, Opens 40 More Stores

 

 

October 24, 2018

 

The 2018 store growth plans for Ross has been completed.

 

Ross opened 30 namesake stores and 10 dd’s Discounts stores across 19 states in September and October. With the openings, the retailer has met its target of opening 99 stores in 2018. It now operates 1,438 Ross and 237 dd’s stores.

 

In August, Ross raised its long-term store potential to 3,000 locations, up from its previous 2,500 target, with plans for new stores in both existing and new markets.

 

Jim Fassio, President and Chief Development Officer said, “We now operate nearly 1,500 Ross and over 230 dd’s DISCOUNTS locations. Looking ahead, we continue to believe there is plenty of opportunity to further expand our store base for both chains given consumers’ ongoing focus on value. As such, we recently updated our longer-term growth store potential to reflect our confidence that Ross can grow to 2,400 locations and dd’s can become a chain of 600 stores.”

 

 

 

 

*Photo is from https:///www.rossstores.com