Ross Stores’ strategic expansion fuels growth amidst market pressures
Opening one new store per week over the past five years, it now operates more than 2200 stores within the competitive fashion and home accessories sector. The company primarily runs two brands: Ross Dress for Less and dd’s DISCOUNTS. This analysis comes at a time when the company has recently released quarterly figures, showing steady performance and a strategic focus on expanding its physical footprint to drive future growth. Ross Stores currently holds a strong position in the market, appealing to value-conscious consumers.
Company profile and history
Founded in 1957 by Stuart G. Moldaw, Ross Stores was established with a focus on providing branded and designer merchandise at significant discounts. The company’s business model is…