What: Ross Stores is set to open 24 new locations by the end of the month, including 21 Ross Dress for Less and three DD's Discounts stores across 17 states.

Why it is important: The expansion is a strategic move by Ross Stores to strengthen its presence both in existing markets and new ones, reflecting its growth strategy and commitment to increasing market share.

By the end of the month, Ross Stores will inaugurate 21 Ross Dress for Less and three DD's Discounts stores across 17 states. This follows earlier openings of 11 Ross and seven DD's Discounts stores earlier this year. The new openings are part of Ross’s plan to add around 90 new stores in fiscal 2024, comprising about 75 Ross and 15 DD's Discounts locations. The company aims to eventually grow to 2,900 Ross Dress for Less and 700 DD's Discounts locations. Ross Dress for Less and DD's Discounts currently operate 2,148 locations across 43 states, the District of Columbia, and Guam

Ross expands nationwide with 24 new locations