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Ross Stores updates on expansion plans

Oct. 11, 2016 8:10 AM ETRoss Stores, Inc. (ROST) StockBy: Clark Schultz, SA News Editor
  • Ross Stores (NASDAQ:ROST) announces the opening of 25 Ross Dress for Less and nine dd's DISCOUNTS stores across 16 different states in September and October.
  • The new locations complete the store chain's plan to add approximately 90 locations during the year.
  • "We entered two new states in October, with stores in North and South Dakota, and continued to expand dd's DISCOUNTS by opening its first location in Colorado," notes Chief Development Officer Jim Fassio.
  • "Looking ahead, we continue to see plenty of opportunity to expand our store base across both new and existing markets, and remain confident that over the long-term, Ross Dress for Less can grow to 2,000 locations and dd's DISCOUNTS can become a chain of 500 stores," he adds.
  • Source: Press Release

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