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Ross Stores Inc (ROST)
Retailing Consumer Discretionary
Stock AI

Ross Stores Expands Footprint with 40 New Locations

Last updated: October 13, 2025
Taurigo

1. Introduction

In a move signaling strong growth and market confidence, Ross Stores, Inc. announced the opening of 40 new retail locations across the United States. The openings, which include 36 Ross Dress for Less® stores and 4 dd's DISCOUNTS® stores, took place in September and October, marking a significant milestone in the company's expansion strategy for fiscal 2025.

2. Strategic Growth Plans Realized

Richard Lietz, Executive Vice President of Property Development, emphasized the importance of these openings in strengthening the company's brand presence. "This fall, we continued to strengthen our brand presence by opening stores in existing markets and expanding in new markets," Lietz stated. The new locations include a mix of established regions and new areas, with significant additions in states like Michigan, New Jersey, and New York for Ross Dress for Less, as well as an enhanced presence in the core markets of California and Texas for dd's DISCOUNTS.

This latest expansion completes Ross Stores' goal of opening 90 new locations throughout fiscal 2025, showcasing the company's commitment to growth and customer accessibility.

3. Current Store Footprint

With the recent openings, Ross Stores now operates a total of 2,273 locations across 44 states, the District of Columbia, Guam, and Puerto Rico. This includes 1,909 Ross Dress for Less stores and 364 dd's DISCOUNTS locations. The company has positioned itself as a leader in the off-price apparel and home fashion market, offering substantial savings to customers—between 20% to 60% off regular department and specialty store prices at Ross, and 20% to 70% off at dd's DISCOUNTS.

4. Future Expansion Plans

Looking ahead, Ross Stores remains optimistic about continued growth. Lietz expressed confidence in the company’s expansion strategy, stating, "We see plenty of opportunity to grow to at least 2,900 Ross Dress for Less and 700 dd's DISCOUNTS locations over time." This ambitious outlook underscores the company's intent to further establish its presence in both existing and new markets as consumer demand for off-price retail continues to rise.

5. Conclusion

The recent press release from Ross Stores, Inc. reflects a robust growth trajectory as the company successfully opens new locations and strengthens its market presence. With a total of 40 new stores added to its network, Ross is poised to meet the needs of budget-conscious consumers while maintaining a competitive edge in the retail landscape. As the company continues to expand, it will be interesting to monitor its progress towards achieving its long-term growth targets.

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