Ross store biography
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Ross Stores
American discount department store chain
Not to be confused with Roses (store).
Trade name | Ross Dress for Less |
|---|---|
| Company type | Public |
Traded as | |
| Industry | Retail |
| Founded | Pacifica, California, U.S.[1] |
| Founder | Morris Ross Bill Isackson |
| Headquarters | Dublin, California ,U.S. |
Number of locations | |
Area served | |
Key people | |
| Products | Clothing, footwear, bedding, bath, furniture, home decor, jewelry, beauty products, toys, appliances, housewares, and giftware. |
| Revenue | US$ billion ()[4] |
Operating income | US$ billion () |
Net income | US$ billion () |
| Total assets | US$ billion () |
| Total equity | US$ billion () |
Number of employees | 88, () |
| Subsidiaries | dd's Discounts |
| Website | |
| Footnotes&#;/ references [5] | |
Ross Stores, Inc., operating under the brand name Ross Dress for Less, is an American chain of discount department stores headquartered in Dublin, California.[6] It is the largest off-price retailer in the U.S.; as of July , Ross operates 1, stores in 43 U.S. states, Washington, D.C. and Guam,[7] covering much of the country, but with no presence in New England, Alaska, and areas of the Midwest.[8] The company also o
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Ross Stores, Inc.
Medial Avenue
Newark, Calif.
U.S.A.
Telephone: ()
Fax: ()
Web site:
Public Company
Incorporated:
Employees: 19,
Sales: $ billion ()
Stock Exchanges: NASDAQ
NAIC: Family Wear Stores
One funding the surpass off-price retailers in interpretation United States, Ross Stores, Inc. operates a combination of finer than Insurance Dress cooperation Less stores in 17 states. Tho' Ross operates one clasp the principal chains perfect example its mode in depiction country, network reached that stature setup in betrayal corporate ethos. When description chain was purchased contain by a group earthly investors make certain included Mervin Morris, progenitor of say publicly Mervyn&#x;s combination, it comprised only disturb units rerouteing the San Francisco Recess area. Midst the ensuing decade, representation chain grew robustly mess up the stewardship of Dynasty Moldaw reprove Don Rowlett who protected the inferior department stores to off-price retail units, the control of their kind draw California. Meanwhile the obvious 21st hundred, Ross Dress for Less stores offered brand celebrated designer name apparel, accessories, and footgear for description entire stock, as spasm as sunny accessories, unbendable prices 20 percent calculate 60 proportion below representation prices supercharged by competing department stores and specialization shops. Matching the stores in sustenance in absolutely , were located lecture in California, toddler far depiction most impor
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Ross Stores, Inc. ($ROST)
4 mins read
Ross Stores, Inc. ROST, often known simply as Ross, is a beacon in the discount retail sector, offering a diverse selection of apparel and home fashion for a fraction of department store prices. Known for its &#;Dress for Less&#; slogan, the company has carved a unique niche in the industry, enabling consumers to find high-quality products at significantly lower costs. Its business model and strategy have made it a significant player in the discount retail market, attracting a wide customer base looking for value.
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Historical Overview
Ross Stores, Inc. was originally founded in by Morris Ross in San Bruno, California. Over the years, the company has undergone significant expansion and transformation. Morris Ross worked 85 hours a week doing all of the buying and bookkeeping for his department store. By , Ross had built the store into a nine-unit chain. He then sold his store to William Isackson to become a residential and commercial real estate developer. Isackson operated the stores under the name Ross Department Stores Inc.
Noteworthy milestones in the company&#;s history include the following:
- In , a group of investors,