On-site at Mariposa Mall, Nogales, Arizona.
Ross Stores runs off-price retail chains with two brands: Ross Dress for Less and dd's DISCOUNTS. It buys off-season, overstocked, or irregular items from manufacturers and department stores and sells them at significant discounts—about 20% to 60% below regular prices at Ross, and 20% to 70% at dd's DISCOUNTS. The chain differentiates itself through its large scale and two-brand approach, targeting value-conscious shoppers who want brand-name and designer merchandise at bargain prices. The goal is to make fashionable, brand-name items affordable for a wide range of customers by offering substantial savings compared with traditional retailers.
Company Size
10,001+
Company Stage
IPO
Headquarters
Dublin, California
Founded
1957
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Ross Stores has announced changes to its board of directors effective 1 October 2026. Shelley H. Bransten and Christian B. Johnson will join the board, whilst Sharon D. Garrett will retire after serving since 2000. Bransten brings over 25 years of technology and consumer industry experience, currently serving as Corporate Vice President, Frontier Industry Advisory at Microsoft. She previously held senior roles at Salesforce.com and The Gap. Johnson has more than 20 years of experience investing in consumer-facing businesses. He has been a Partner at Freeman Spogli since 2016. Ross Stores operates 1,952 Ross Dress for Less locations and 376 dd's DISCOUNTS stores across the United States and territories, reporting fiscal 2025 revenues of $22.8 billion.
DD's Discounts to make Michigan debut in Dearborn. Hometownlife.com Sept. 14, 2026, 2:59 p.m. ET * Michigan's first DD's Discounts store, which sells home goods and fashions, is set to open in Dearborn on September 26. * The new store is part of a nationwide expansion by parent company Ross Stores, Inc. * A new Ross Dress for Less store will also open nearby on Oct. 10. Michigan's first DD's Discounts store plans to welcome customers in Dearborn later this month. The store, located in the Fairlane North Shopping Center at 5701 Mercury Drive, is scheduled to open Saturday, Sept. 26, according to Ross Stores' new-store openings website. Owned by Ross Stores Inc., the same company behind Ross Dress for Less, the DD's Discounts chain sells clothing, shoes, accessories and home goods and describes its prices as 20% to 70% below regular prices at moderate department and discount stores. Ross Stores said earlier this year it planned to open about 25 new DD's Discounts stores in 2026, part of an expansion that calls for about 110 new Ross and DD's locations nationwide. "We are thrilled to kick off our 2026 expansion with new stores that bring great value to our customers and new jobs to communities across the country," Richard Lietz, Ross Stores' executive vice president of property development, said in a March announcement. At the time, the company said Ross was operating 366 DD's Discount stores in 23 states. A new Ross Dress for Less is also preparing to open nearby at 5731 Mercury Drive. Ross' new-store website lists its opening date as Oct. 10, about two weeks after DD's. The company is hiring for both locations, its website says. Ross is the larger of the company's two chains, with more than 1,900 locations nationwide. The Dearborn location will be the city's first Ross Dress for Less. Fairlane North Shopping Center is located near the intersection of Ford Road and Mercury Drive, just west of the Southfield Freeway, and hosts other discount stores such as Forman Mills Discount Fashion Warehouse and Happy's Outlet appliances and mattresses. Deal of the Day Recommendations are independently chosen by our editors. Purchases you make through our links may earn us a commission.
Ross Stores operates more than 2,000 stores with a market capitalisation of approximately $73.7 billion. The Dublin, California-based off-price retailer specialises in discounted apparel, footwear, accessories, and home goods. ROST shares have climbed 28.1% year-to-date and 51% over the past 52 weeks, significantly outperforming the State Street SPDR S&P Retail ETF. However, the stock currently trades 10.2% below its 52-week high of $257 reached on 3 August 2026. In July, the company opened 47 new stores across 15 states and territories, with plans to open approximately 110 locations in 2026. The expansion reflects strong new-store performance and growing demand for off-price retail. Wall Street analysts maintain a consensus "Moderate Buy" rating on the stock, with a mean price target of $274.94.
Brixmor Property Group to present at BofA Securities 2026 Global Real Estate Conference. Sep 03, 2026, 16:05 ET NEW YORK, Sept. 3, 2026 /PRNewswire/ - Brixmor Property Group Inc. (NYSE: BRX) today announced that the Company will present at the BofA Securities 2026 Global Real Estate Conference on Tuesday, September 15, 2026 from 10:20 AM ET to 10:55 AM ET. Event: Brixmor Property Group Presentation at the BofA Securities 2026 Global Real Estate Conference When: 10:20 AM ET, Tuesday, September 15, 2026 Live Webcast: BofA Securities 2026 Global Real Estate Conference under the Investors tab at https://www.brixmor.com A replay of the webcast will be available through September 15, 2027. Connect With Brixmor ABOUT BRIXMOR PROPERTY GROUP Brixmor (NYSE: BRX) owns and operates a high-quality, national portfolio of open-air shopping centers. The Company's 346 retail centers comprise approximately 63 million square feet of prime retail space in established trade areas. Brixmor's properties reflect its vision "to be the center of the communities we serve" and are home to a diverse mix of thriving national, regional and local retailers. Brixmor is a valued partner to a broad range of retailers, including The TJX Companies, The Kroger Co., Publix Super Markets and Ross Stores. Brixmor announces material information to its investors in SEC filings and press releases and on public conference calls, webcasts and the "Investors" page of its website at https://www.brixmor.com. The Company also uses social media to communicate with its investors and the public, and the information Brixmor posts on social media may be deemed material information. Therefore, Brixmor encourages investors and others interested in the Company to review the information that it posts on its website and on its social media channels. SAFE HARBOR LANGUAGE The presentation referenced in this press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements include, but are not limited to, statements related to our expectations regarding the performance of our business, our financial results, our liquidity and capital resources, and other non-historical statements. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "projects," "predicts," "intends," "plans," "estimates," "anticipates," or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. We believe these factors include, but are not limited to, those described under the sections entitled "Forward-Looking Statements" and "Risk Factors" in our Form 10-K for the year ended December 31, 2025, as such factors may be updated from time to time in our periodic filings with the Securities and Exchange Commission (the "SEC"), which are accessible on the SEC's website at https://www.sec.gov. These factors include (1) changes in national, regional, and local economies, due to global events such as international geopolitical conflicts, international trade disputes, a foreign debt crisis, foreign currency volatility, or due to domestic issues, such as government policies and regulations, tariffs, energy prices, market dynamics, general economic contractions, ongoing levels of inflation and interest rates, unemployment, or limited growth in consumer income or spending; (2) local real estate market conditions, including an oversupply of space in, or a reduction in demand for, properties similar to those in our Portfolio (defined hereafter); (3) competition from other available properties and e-commerce; (4) disruption and/or consolidation in the retail sector, the financial stability of our tenants, and the overall financial condition of large retailing companies, including their ability to pay rent and/or expense reimbursements that are due to us; (5) in the case of percentage rents, the sales volumes of our tenants; (6) increases in property operating expenses, including common area expenses, utilities, insurance, and real estate taxes, which are relatively inflexible and generally do not decrease if revenue or occupancy decrease; (7) increases in the costs to repair, renovate, and re-lease space; (8) earthquakes, wildfires, tornadoes, hurricanes, damage from rising sea levels due to climate change, other natural disasters, epidemics and/or pandemics, civil unrest, terrorist acts, or acts of war, any of which may result in uninsured or underinsured losses; (9) changes in laws and governmental regulations, including those governing usage, zoning, the environment, privacy, data security, intellectual property rights, and taxes; and (10) cybersecurity incidents or other disruptions to information technology systems used by us, our tenants, or our vendors, which could compromise data or impair business operations. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this press release and in our periodic filings. The forward-looking statements speak only as of the date of this press release, and we expressly disclaim any obligation or undertaking to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise, except to the extent otherwise required by law. SOURCE Brixmor Property Group Inc.
Ross double-dips on International Drive as off-price giant expands footprint. The International Drive Value Center is quickly becoming off-price central in Orlando. Dublin, CA-based Ross Stores Inc. is set to open a second Ross Dress for Less location within the same shopping plaza, situated at 5295 International Drive. The retail strip, owned by Charlotte-based Collett Capital and leased by Colliers, already features a highly successful existing Ross store as well as dd's DISCOUNTS, another popular off-price chain owned and operated by Ross Stores. Once the new location officially opens, shoppers will be able to visit two separate Ross Dress for Less stores and a dd's DISCOUNTS - all within steps of one another in the very same shopping center. A retail treasure hunt driven by tourism. The decision for a retailer to double down in a single shopping center is rare, but the location's sky-high sales figures justify the move. According to Jorge Rodriguez, Executive Managing Director of Retail Services at Colliers, the existing Ross location at the plaza stands among the absolute best-performing stores in the nation, fueled heavily by international tourists visiting Orlando. "They crush it," he said. "The store does so well because of the foreign nationals that shop there," said Colliers Orlando Senior Managing Director Alex Evans. "They come in by the busload, buy luggage on site, fill the luggage with stuff from Ross and send it back to their country." Rodriguez noted that the thrill of finding unpredictable deals across multiple nearby stores creates a unique draw for discount shoppers. "It's sort of like a treasure hunt. People enjoy that," Evans interjected. Massive retail footprint across three stores. Together, the three stores operating under the Ross Stores Inc. umbrella will encompass a massive combined footprint of over 81,000 square feet within the retail center. The current, long-standing Ross Dress for Less occupies 28,220 square feet in unit 145, while the forthcoming second Ross location will add another 28,054 square feet in unit 130. Supplementing the two flagship brand spaces is dd's DISCOUNTS, which takes up 24,913 square feet in unit 100. High-profile additions and vacancies. Another major upcoming tenant arrival further underscores renewable momentum at the plaza. Luxury home furnishings brand Restoration Hardware is set to open an RH Outlet in the former U.S. Foods supermarket, taking over 27,854 square feet directly adjacent to Ulta Beauty. The retailer operates outlets in Vero Beach, Jacksonville and Clearwater, but this will be its first in Central Florida, where it will sell new and returned items at heavy discounts. "What's really cool is that the merchandise changes daily," Rodriguez said. "They have lighting, they have carpets, outdoor furniture, bedding... So I'm really excited about that." With these anchor additions underway, leasing agents anticipate that the center's remaining vacancy will quickly attract new retail interest. The plaza currently has three inline spaces available for lease, ranging from 2,500 square feet to 4,292 square feet. Rodriguez noted that once Ross and RH Outlet open, those vacancies should fill up quickly. Have a tip about Central Florida development? Contact me at [email protected] or (407) 420-5246. Follow GrowthSpotter on Facebook and LinkedIn. Ready to make your next move? If this was helpful, let's talk about how it applies to your situation - no pressure, just honest guidance.