The off-price retailer expanded its footprint with 35 Ross Dress for Less and 12 dd’s Discounts stores across 15 states.
Ross Stores added 47 new locations in June and July, marking a continued push to grow its physical presence. The expansion included 35 Ross Dress for Less and 12 dd’s Discounts stores across 15 states nationwide.
The company has maintained an aggressive store opening strategy in recent quarters, aiming to capitalize on demand for discounted apparel and home goods. No prior quarterly openings were disclosed in the announcement, but the pace aligns with its long-term growth targets.
Shares of ROST showed minimal movement following the announcement, reflecting investor focus on broader retail trends rather than store expansion alone.