Ross Stores unveils plan to open 100 new locations in 2019

By

Gabriella Lacombe

Published
Mar 12, 2019

Department store company Ross Stores plans to open approximately 100 new stores throughout fiscal year 2019, the company announced.

The $14.1-billion company, which operates out of Dublin, California, recently opened 22 of its main Ross Dress for Less (Ross) locations as well as six DD's Discounts stores, which were distributed across 12 different states throughout February and March. In total, the company plans to open 75 Ross stores and 25 DD's this year. 

"These recent openings reflect our ongoing plans to continue building our presence in both existing and newer markets, including the Midwest for Ross, and expansion of DD's Discounts into Oklahoma and Illinois," said Jim Fassio, president and chief development officer.

"We now operate a total of 1,745 Ross Dress for Less and DD's Discounts locations across 38 states, the District of Columbia, and Guam. As we look out over the long-term, we remain confident that Ross can grow to 2,400 locations and DD's Discounts can become a chain of 600 stores given consumers' ongoing focus on value."

In addition to being on the Fortune 500 list, Ross Stores also stands as an S&P 500 and Nasdaq 100 company. Offering a range of apparel, accessories, footwear and home goods primarily for women, the company earned a total of $15 billion in revenue for fiscal 2018.