Ross Stores will expand its retail footprint in 2022 as the company unveiled plans to open 100 stores during fiscal year 2022. The new locations will include 75 Ross-branded stores and 22 dd’s Discounts.
“Our return to stronger unit growth in 2022 reflects our belief that Ross can ultimately grow to 2,900 locations and dd’s can become a chain of 700 stores given consumers’ ongoing focus on value and convenience,” said Gregg McGillis, Group Executive Vice President, Property Development. “Our continued expansion of both chains also demonstrates our commitment to further building our presence in both existing and newer markets.”
The company currently operates 1,952 stores across all brands in 40 states; Washington, D.C.; and Guam. Fiscal 2021 revenues were $18.9 billion.