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Ross Dress for Less to Open a New Store in Cornelia, Georgia

Ross Dress for Less will open a new store in Cornelia, Georgia, on March 4, 2023.

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Rhea-AI Summary

Ross Dress for Less will open a new store in Cornelia, Georgia, on March 4, 2023. This 20,000 square foot location is situated in the Habersham Crossing Shopping Center. Together with dd's DISCOUNTS, Ross operates over 2,000 off-price apparel and home fashion stores across 40 states, the District of Columbia, and Guam. In fiscal 2021, Ross Stores, Inc. reported revenues of $18.9 billion. The company is recognized for offering significant savings on brand-name items, with discounts ranging from 20% to 60% off regular prices.

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Positive

  • New store opening in Cornelia, Georgia, on March 4, 2023, expanding customer reach.
  • Ross operates over 2,000 stores, demonstrating strong market presence.
  • Fiscal 2021 revenues of $18.9 billion highlight strong performance.

Negative

  • None.
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News Market Reaction – ROST

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Dublin, California, February 28, 2023 -- Ross Dress for Less® ("Ross") will open a new store in Cornelia on March 4, 2023.  The 20,000 square foot store is located in the Habersham Crossing Shopping Center, at the southeast corner of Old Historic U.S. Highway 441 and Cannon Bridge Road.

Together, Ross Dress for Less and dd's DISCOUNTS® currently operate over 2,000 off-price apparel and home fashion stores in 40 states, the District of Columbia, and Guam.

Ross Stores, Inc. is an S&P 500, Fortune 500, and Nasdaq 100 (ROST) company headquartered in Dublin, California, with fiscal 2021 revenues of $18.9 billion. The Company operates Ross Dress for Less® ("Ross"), the largest off-price apparel and home fashion chain in the United States in 40 states, the District of Columbia, and Guam. 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 operates dd's DISCOUNTS® in 21 states 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 -- Feb. 28, 2023/

SOURCE Ross Stores, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the significance of Ross Stores opening a new store in Cornelia?

The new store opening on March 4, 2023, expands Ross's presence in Georgia and enhances customer access to their products.

How many stores does Ross currently operate?

Ross operates over 2,000 off-price apparel and home fashion stores across 40 states.

What were Ross Stores' revenues in fiscal 2021?

Ross Stores, Inc. reported revenues of $18.9 billion in fiscal 2021.

What discounts does Ross offer on its products?

Ross offers savings of 20% to 60% off department and specialty store regular prices.

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