by Mike Duff | Mar 15, 2024 | Retail Articles
Ross Stores reported plans to open some 90 stores in 2024, starting with debut of 11 Ross Dress For Less and seven dd’s Discounts stores in 11 states during February and March. As off-price outlets continue to grow their bricks and mortar operations, Ross has...
by Mike Duff | Mar 6, 2024 | Retail Articles
For the fourth quarter, Ross Stores beat Wall Street earnings and sales forecasts as comparable sales gained substantially. Net earnings for the 14-week fourth quarter were $609.7 million, or $1.82 per diluted share, versus $447 million, or $1.31 per diluted share, in...
by Mike Duff | Feb 2, 2024 | Retail Articles
Ross Stores has promoted Karen Fleming to president and chief merchandising officer of its dd’s Discounts operation, effective April 1. She will report directly to Barbara Rentler, the company’s CEO. Fleming will direct all aspects of merchandising at dd’s Discounts,...
by Mike Duff | Nov 17, 2023 | Retail Articles
Value across its namesake and dd’s Discounts stores helped propel Rose Stores to a third-quarter Wall Street beat on sales and earnings. In the quarter, Ross posted net earnings of $447.3 million, or $1.33 per diluted share, versus $342 million, or $1 per diluted...
by Mike Duff | Oct 12, 2023 | Retail Articles
Ross Stores has appointed Stephen Brinkley to the newly created position of president, operations. In his new role, the company stated, Brinkley will report to Michael Hartshorn, group president and COO, and oversee property development, stores and supply chain. Ross...
