Company Overview

Ross Stores, Inc., operating primarily under the Ross Dress for Less banner, is the largest off-price retailer in the United States, revolutionizing the discount retail landscape since its 1982 transformation. The company operates two distinct retail concepts: Ross Dress for Less, offering name-brand apparel, accessories, footwear, and home fashion at 20-60% below department store prices, and dd's DISCOUNTS, providing even deeper discounts of 20-70% off moderate department store regular prices targeting budget-conscious families. With 2,273 stores across 44 states, the District of Columbia, Guam, and Puerto Rico as of 2025, Ross has become America's destination for value-oriented shoppers seeking quality branded merchandise at exceptional prices.

The company's unique off-price business model differentiates it from traditional retailers by opportunistically procuring excess brand-name merchandise through manufacturing overruns, retail liquidations, and closeout opportunities, passing significant savings to customers while maintaining healthy profit margins. Ross Stores generated $21.1 billion in total sales for fiscal 2024, serving millions of value-conscious consumers who appreciate the treasure-hunt shopping experience of discovering name brands at fraction of original retail prices. The retailer offers comprehensive product categories including men's, women's, and children's apparel, fashion accessories, footwear, jewelry, beauty products, home décor, bed and bath items, furniture accents, toys, gourmet food, cookware, luggage, and sporting goods.

Headquartered in Dublin, California, Ross Stores employs approximately 107,000 associates and operates seven distribution centers strategically positioned to support its nationwide footprint. The company maintains buying offices in New York City, Los Angeles, and Boston to source merchandise from thousands of vendors and manufacturers. Ross's competitive advantages include exceptional buying power enabling access to premium brands at closeout prices, efficient inventory turnover, lean store operations, and strategic real estate locations in neighborhood shopping centers providing convenient access for middle-income consumers. The company plans to expand to 2,900 Ross Dress for Less locations and 700 dd's DISCOUNTS stores, reflecting confidence in the enduring consumer demand for value and the off-price retail model's resilience across economic cycles.

Founded
1950
Headquarters
San Bruno, California
Revenue
$21100M

The Ross Stores Story

Founded in 1950
San Bruno, California
Founded by Morris 'Morrie' Ross

Founders

Morris 'Morrie' Ross
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Key Differentiators

Market Leader

Ross Stores is recognized as a market leader in the Consumer Retail sector, demonstrating strong industry presence and customer trust.

Enterprise Scale

With $21100M in revenue, Ross Stores operates at enterprise scale with proven market validation.

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