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As many shoppers and retailers struggle, California's Ross Dress for Less is booming [Yahoo! Finance]
Last ross stores, inc. earnings: 3/3 04:01 pm
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US:NASDAQ Investor Relations: investors.rossstores.com
As big malls and department stores close, bargain-basement brands like Ross Dress for Less are rolling out new stores. Economic anxiety and inflation have shoppers searching for savings. In the bombed-out retail landscape, some chains are thriving and opening new outlets. At a new Ross in Alhambra, Liz Lopez was shopping for a designer purse. She is a big fan of the bargain outlet and thrilled to now have one just 10 blocks from her home. People check out after shopping at a newly opened Ross store. (Jason Armond / Los Angeles Times) "I come on Tuesdays for the senior discounts," Lopez said, showing off her new black Dolce & Gabbana purse. "I always find good deals." The new store on East Valley Boulevard opened this month. One of its sister shops — dd's Discounts, which is owned by the same parent company — opened in North Hollywood. This year, the Dublin-based parent company, Ross Stores Inc., plans to open 110 new outlets across the country, after 90 last year. Read
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- 1 Consumer Stock to Buy That's Up More Than 70% Over the Past Year [Yahoo! Finance][Yahoo! Finance]
- California moves to erase Cesar Chavez's name in light of sex abuse allegations [Los Angeles Times (CA)][Los Angeles Times]
- Ross Stores' (ROST) Comparable Sales Grew 7% in Q4 [Yahoo! Finance][Yahoo! Finance]
- As shoppers struggle to save, California's Ross Dress for Less is on an expansion spree [Los Angeles Times (CA)][Los Angeles Times]
- Did Ross Stores' (ROST) 2026 Store Push and Donations Just Reframe Its Off-Price Narrative? [Yahoo! Finance][Yahoo! Finance]
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