Ross Stores To Open 100 New Locations In 2018

DUBLIN, Calif., March 12, 2018 /PRNewswire/ -- Ross Stores recently opened 23 Ross Dress for Less^® ("Ross") and six dd's DISCOUNTS^® stores across 14 different states in February and March. These new locations are part of the Company's plans to add approximately 100 New Stores – 75 Ross and 25 dd's DISCOUNTS locations – during fiscal 2018.

"With these recent openings, we continued our growth in both new and existing markets. Our newest market for Ross Dress for Less is Nebraska, and for dd's DISCOUNTS, we entered Illinois with two new stores," said Jim Fassio, President and Chief Development Officer. "We now operate a total of 1,651 Ross Dress for Less and dd's DISCOUNTS locations across 38 states, the District of Columbia, and Guam. As we look out over the long-term, we remain confident that Ross can grow to 2,000 locations and dd's DISCOUNTS 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 2017 revenues of $14.1 billion. Currently, the Company operates Ross Dress for Less^® ("Ross"), the largest off-price apparel and home fashion chain in the United States with 1,432 locations in 38 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 219 dd's DISCOUNTS^® in 17 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.