Ross Stores, Inc. (NASDAQ: ROST) is an off-price retailer that operates Ross Dress for Less and dd’s DISCOUNTS stores. The company sells a broad selection of apparel, accessories, footwear and home fashion merchandise for women, men and children, generally at prices below those of traditional department and specialty stores.
Ross Stores follows an opportunistic buying model, purchasing name-brand, designer and other merchandise from manufacturers and retailers at discounted prices. Its product assortment changes frequently and can include clothing, shoes, handbags, jewelry, beauty products, furniture, bedding, home décor and other household goods.
Founded in 1950, the company is headquartered in Dublin, California, and serves customers primarily through its store network across the United States and Guam. Ross Dress for Less offers the company’s core off-price format, while dd’s DISCOUNTS focuses on value-oriented merchandise for budget-conscious shoppers.
James G. Conroy serves as chief executive officer, succeeding Barbara Rentler, who led the company for more than a decade. Michael Balmuth is executive chairman of the board.
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