Ross Stores opens 31 new locations
Ross Stores announced it has opened 31 new store locations in 15 states throughout June and July with a heavy focus on the Midwest and Wisconsin.
Jim Fassio, President and Chief Development Officer, commented, "These recent openings reflect our ongoing strategy to expand our store base across both new and existing markets. The 31 new locations include the addition of ten stores in our newer Midwest market, with four of those locations in our newest state of Wisconsin.
The off-price retailer opened 24 Ross Dress for Less stores and 7 dd's Discounts stores. These openings are part of the company's greater expansion plans for 2016 which include opening 70 Ross and 20 more dd's stores this year.
Ross Dress for Less is the largest off-price apparel and home fashion chain in the United States with 1,317 locations in 34 states, DC and Guam.
Fassio forecasted, "Over the longer-term, we continue to see expansion opportunities across all of our markets, and remain confident in our ability to grow to 2,000 Ross Dress for Less and 500 dd's DISCOUNTS locations over time."
The Dublin, CA based company reported revenue of $11.9 billion for 2015.
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