Ross Dress for Less to Expand in the Phoenix Area

Rhea-AI Summary

Ross Stores (NASDAQ:ROST), America's largest off-price retail chain, announced the opening of a new Ross Dress for Less store in Southeast Gilbert, Arizona on October 11th, 2025. Located at 2711 S. Market St., the store expansion is part of a broader nationwide growth initiative.

The new location is expected to create 55-60 jobs and will offer customers the signature Ross experience of 20% to 60% savings on name-brand apparel and home goods. As of August 2, 2025, Ross operates 1,873 locations across 44 states, with fiscal 2024 revenues of $21.1 billion. The company also operates 360 dd's DISCOUNTS® stores in 22 states, offering savings of 20% to 70% off regular prices.

Positive

• Creation of 55-60 new jobs in the Gilbert area
• Expansion of retail footprint in a key market
• Strong fiscal 2024 performance with $21.1B in revenue
• Extensive nationwide presence with 1,873 Ross stores and 360 dd's DISCOUNTS locations

Negative

• None.

News Market Reaction

+0.53%

1 alert

+0.53% News Effect

On the day this news was published, ROST gained 0.53%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Dublin, California, October 1, 2025 – Today, Ross Stores, Inc., operator of the largest off-price retail chain in the United States, announced that a new Ross Dress for Less Southeast Gilbert store will open on October 11^th as part of a broader wave of new stores opening nationwide.

The new store will be located at 2711 S. Market St., Gilbert, AZ 85295. In support of the grand opening, the Company will also make a donation to the Boys & Girls Clubs of the Valley, Inc. - Gilbert Branch.

"We're thrilled to expand our presence in Arizona to provide even more local shoppers with a wide assortment of quality, branded merchandise at incredible savings," said Richard Lietz, Executive Vice President, Property Development.

The Company said that the new location will provide customers more opportunities to find great deals on an ever-changing assortment of apparel and home goods, and is expected to create on average 55-60 jobs, consisting of both full- and part-time employees.

About Ross Stores, Inc.
Ross Stores, Inc. is an S&P 500, Fortune 500, and Nasdaq 100 (ROST) company headquartered in Dublin, California, with fiscal 2024 revenues of $21.1 billion. The Company operated Ross Dress for Less^® ("Ross"), the largest off-price apparel and home fashion chain in the United States with 1,873 locations in 44 states, the District of Columbia, Guam, and Puerto Rico as of August 2, 2025. Ross offers first-quality, in-season, name brand and designer apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 60% off department and specialty store regular prices every day. The Company also operated 360 dd's DISCOUNTS^® stores in 22 states as of August 2, 2025 that feature a more moderately-priced assortment of first-quality, in-season, name brand apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 70% off moderate department and discount store regular prices every day. Additional information is available at www.rossstores.com.

Contact :	Connie Kao
	Group Vice President, Investor & Media Relations
	(925) 965-4668
	connie.kao@ros.com

/PRNewswire -- Oct. 1, 2025/

SOURCE Ross Stores, Inc.

FAQ

When is the new Ross Dress for Less store opening in Gilbert, Arizona?

The new Ross store will open on October 11th, 2025 at 2711 S. Market St., Gilbert, AZ 85295.

How many jobs will the new Ross store in Gilbert create?

The new Ross location is expected to create 55-60 jobs, including both full-time and part-time positions.

What is Ross Stores' (ROST) current retail presence in the United States?

As of August 2, 2025, Ross operates 1,873 Ross Dress for Less stores across 44 states, DC, Guam, and Puerto Rico, plus 360 dd's DISCOUNTS stores in 22 states.

What are the discount ranges offered at Ross Dress for Less stores?

Ross Dress for Less offers savings of 20% to 60% off department and specialty store regular prices on name brand and designer merchandise every day.

What was Ross Stores' (ROST) revenue for fiscal year 2024?

Ross Stores reported revenues of $21.1 billion for fiscal year 2024.