ross stores

Shoppers Dig Into Their Savings to Afford Essentials, Not Nice-to-Haves
Shoppers Dig Into Their Savings to Afford Essentials, Not Nice-to-Haves
May 24, 2024  |  Retail

Among consumers who expect to have to dip into their savings this year, most expect to do so to afford items and services they need, rather than to treat...

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Ross Stores COO: Shoppers’ Cost-Cutting Behaviors Fuel Off-Priced Retail Growth
Ross Stores COO: Shoppers’ Cost-Cutting Behaviors Fuel Off-Priced Retail Growth
May 23, 2024  |  Retail

With consumers cutting back on discretionary spending while trading down to value-focused merchants, Ross Stores is seeing these belt-tightening behaviors prove to be a mixed...

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Ross Stores CEO Says Off-Price Sector Remains Resilient
Ross Stores CEO Says Off-Price Sector Remains Resilient
November 16, 2023  |  Earnings

Positive customer response to value and convenience contributed to third-quarter results that outperformed expectations at Ross Stores.  The off-price retailer released its third-quarter earnings Thursday (Nov....

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Ross Stores Taps Into Rising Consumer Desire for Budget-Friendly Nonessentials 
Ross Stores Taps Into Rising Consumer Desire for Budget-Friendly Nonessentials 
August 18, 2023  |  Retail

As inflation exerts its influence on consumer purchasing decisions, off-price retailers are benefiting.  Among the off-price retailers, TJX Companies has recently reported benefiting from the...

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Even Discount Retail CEOs Say Shoppers Are Pulling Back   
Even Discount Retail CEOs Say Shoppers Are Pulling Back   
May 19, 2023  |  Retail

Amid inflation, shoppers are actively seeking out affordable options. This trend has prompted consumers to search for merchants whose prices are in line with their...

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Ross Opens 2,000th Location as Customers Seek Relief From Inflation
Ross Opens 2,000th Location as Customers Seek Relief From Inflation
October 31, 2022  |  Retail

Discount apparel retailer Ross Stores has opened 40 new stores in recent months, part of a plan to grow to 3,000 brick-and-mortar locations as inflation-weary consumers...

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Retail Response to Recession Already Happening — Months Before Official Declaration
Retail Response to Recession Already Happening — Months Before Official Declaration
May 23, 2022  |  Retail

Recessions are peculiar beasts. They’re both natural and normal, yet dreaded and inevitable. In much the same way hurricane-prone regions can go years — even...

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Ross Stores Not Feeling Benefit of Shoppers’ Bargain Hunting
Ross Stores Not Feeling Benefit of Shoppers’ Bargain Hunting
May 20, 2022  |  Retail

The inflation-fueled quest by shoppers to maximize every dollar clearly hasn’t helped discount fashion retailer Ross Stores, which saw its stock dip almost 25% early...

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Ross Stores Execs See Delta-Driven Supply Chain Problems
Ross Stores Execs See Delta-Driven Supply Chain Problems
August 20, 2021  |  Retail

Executives at Ross Stores, the parent of Ross Dress for Less and dd’s DISCOUNTS apparel and home goods stores, are concerned that a global supply...

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