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Ross Dress for Less to Open a New Store in Mason City, Iowa

Ross Dress for Less will open a new 18,500 square foot store in Mason City on March 4, 2023, located at the Willow Creek Crossing Shopping Center.

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Rhea-AI Summary

Ross Dress for Less will open a new 18,500 square foot store in Mason City on March 4, 2023, located at the Willow Creek Crossing Shopping Center. This expansion adds to the company’s portfolio of over 2,000 off-price apparel and home fashion stores across 40 states, the District of Columbia, and Guam. Ross, part of NASDAQ: ROST, reported fiscal 2021 revenues of $18.9 billion. The company offers name brand and designer products with discounts of 20% to 60% off regular prices, serving the entire family. This new store aims to enhance local shopping options while contributing to the company’s growth.

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Positive

  • Opening a new store in Mason City expands the company's market presence.
  • Ross operates over 2,000 stores, indicating strong brand recognition and operational scale.
  • Fiscal 2021 revenue of $18.9 billion demonstrates solid financial performance.

Negative

  • None.
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News Market Reaction – ROST

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Dublin, California, February 27, 2023 – Ross Dress for Less® ("Ross") will open a new store in Mason City on March 4, 2023.  The 18,500 square foot store is located in Willow Creek Crossing Shopping Center, at the southwest corner of 4th Street Southwest and South Eisenhower Avenue.

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. 27, 2023/

SOURCE Ross Stores, Inc.

FAQ

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

When is the new Ross store opening in Mason City?

The new Ross store will open on March 4, 2023.

What is the size of the new Ross store in Mason City?

The new store is 18,500 square feet.

How many stores does Ross operate?

Ross operates over 2,000 stores across 40 states, the District of Columbia, and Guam.

What are the expected discounts at Ross stores?

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

What were Ross's total revenues for fiscal 2021?

Ross reported fiscal 2021 revenues of $18.9 billion.

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