Ross Stores Opens 40 New Locations

DUBLIN, Calif., Oct. 9, 2017 /PRNewswire/ -- Ross Stores announces the recent opening of 30 Ross Dress for Less^® ("Ross") and ten dd's DISCOUNTS^® stores across 22 different states in September and October. These new locations complete the Company's store growth plans for fiscal 2017.

"This fall, we continued to expand our Ross and dd's footprints across both new and existing markets, with nearly half of our Ross store openings in our newest market – the Midwest," said Jim Fassio, President and Chief Development Officer. "We now operate over 1,400 Ross and over 200 dd's DISCOUNTS locations. Looking ahead, we continue to believe there is plenty of opportunity to further expand our store base given consumers' ongoing focus on value, and remain confident that, over the long-term, Ross can grow to 2,000 locations and dd's can 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 2016 revenues of $12.9 billion.  Currently, the Company operates Ross Dress for Less® ("Ross"), the largest off-price apparel and home fashion chain in the United States with 1,412 locations in 37 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 savings of 20% to 60% off department and specialty store regular prices every day. The Company also currently operates 215 dd's DISCOUNTS® in 16 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 savings of 20% to 70% off moderate department and discount store regular prices every day. Additional information is available at www.rossstores.com.

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SOURCE Ross Stores, Inc.