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Ross Stores Inc (ROST)
Retailing Consumer Discretionary
Stock AI

Ross Stores Inc. Expands Footprint with 17 New Locations

Last updated: March 09, 2026
Taurigo

1. Strategic Expansion in Fiscal 2026

On March 9, 2026, Ross Stores, Inc. (Nasdaq: ROST) announced a significant milestone in its growth strategy with the opening of 17 new stores across the United States. This expansion includes 13 Ross Dress for Less® locations and four dd's DISCOUNTS® stores, strategically spread across 11 states. This initiative marks the beginning of the company's fiscal 2026 plan to add approximately 110 new stores, which comprises about 85 Ross and 25 dd's DISCOUNTS locations, representing an overall unit growth of 5% for the year.

2. Commitment to Value and Community

Richard Lietz, Executive Vice President of Property Development, expressed enthusiasm over the new store openings, stating, "We are thrilled to kick off our 2026 expansion with new stores that bring great value to our customers and new jobs to communities across the country." Lietz highlighted the positive performance of new stores in 2025, which laid the groundwork for this expansion. The company has strategically focused on enhancing its presence in the Mountain, Midwest, and Northeast regions while solidifying its footprint in key Sunbelt states. The addition of dd's DISCOUNTS locations also signifies growth in core markets including California and Texas, as well as the brand's first store in Utah.

In line with its commitment to community support, Ross Stores made donations to local Boys & Girls Clubs or First Book literacy partners in celebration of each new store opening. These contributions underline the company’s belief that strong communities are built on strong opportunities for youth.

3. Future Outlook

Looking ahead, Lietz shared the company’s long-term vision, stating, "We remain confident in our long-term growth potential and see a clear path to 2,900 Ross locations and 700 dd's DISCOUNTS stores across the country." This ambitious goal highlights the company’s commitment to expanding its market presence and providing affordable shopping options to more customers.

4. Company Overview

Ross Stores, Inc. is a key player in the retail sector, recognized as an S&P 500, Fortune 500, and Nasdaq 100 company. Headquartered in Dublin, California, the company reported revenues of $22.8 billion for fiscal 2025. Currently, Ross operates 1,917 Ross Dress for Less locations across 44 states, the District of Columbia, Guam, and Puerto Rico, offering first-quality, in-season, and designer apparel, accessories, and home fashions at significant discounts ranging from 20% to 60% off regular prices. Additionally, the company operates 366 dd's DISCOUNTS® stores in 23 states, featuring a moderately-priced assortment of similar products, with discounts between 20% and 70%.

For more details on the new openings and the company’s offerings, customers are encouraged to check the Ross Dress for Less and dd's DISCOUNTS grand openings pages.

As Ross Stores continues to expand its reach and enhance its community impact, the retail giant is well-positioned for sustained growth and success in the coming years.

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