DUBLIN, Calif., March 9, 2015 /PRNewswire/ -- Ross Stores recently opened a total of 32 Ross Dress for Less® ("Ross") and five dd's DISCOUNTS® stores across 15 different states. These openings are part of the off-price retailer's 2015 expansion plans to add a total of approximately 70 Ross and 20 dd's DISCOUNTS locations during the year.
"These openings reflect our ongoing plans to further increase our presence in existing markets while also expanding in the newer markets which we entered back in 2011," said Jim Fassio, President and Chief Development Officer. "The 37 stores we recently opened include locations in our largest states of California, Texas and Florida, where we are still able to take advantage of attractive sites to further strengthen our market share. Our Spring opening group also includes additional stores in our newer markets of Illinois, Kentucky and Indiana. Looking ahead, we continue to identify future growth opportunities across all of our markets, giving us confidence that Ross Dress for Less can ultimately grow to 2,000 locations and dd's DISCOUNTS can eventually become a chain of 500 stores."
Ross Stores, Inc. is an S&P 500, Fortune 500 and Nasdaq 100 (ROST) company headquartered in Dublin, California, with fiscal 2014 revenues of $11.0 billion. Currently, the Company operates Ross Dress for Less® ("Ross"), the largest off-price apparel and home fashion chain in the United States with 1,242 locations in 33 states, the District of Columbia and Guam. Ross offers first-quality, in-season, name brand and designer apparel, accessories, footwear and home fashions for the entire family at everyday savings of 20% to 60% off department and specialty store regular prices. The Company also currently operates 157 dd's DISCOUNTS® in 15 states that feature a more moderately-priced assortment of first-quality, in-season, name brand apparel, accessories, footwear and home fashions for the entire family at everyday savings of 20% to 70% off moderate department and discount store regular prices. Additional information is available at www.rossstores.com.
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SOURCE Ross Stores, Inc.