Ross Stores, Inc. operates as an off-price retailer of apparel and home fashion in the United States. The company operates in two segments: Ross Dress for Less and dd's DISCOUNTS.
Ross Stores was founded in 1982 and is headquartered in Dublin, California, United States. The company has grown to become one of the largest off-price retail chains in the country, known for offering a wide array of clothing, accessories, footwear, and home fashion at discount prices.
Main Product(s):
Ross Stores specializes in the sale of discounted brand name and designer apparel, accessories, footwear, and home fashion. Its dd's DISCOUNTS stores also offer a more moderately-priced assortment of these products.
Short History of Ross Stores, Inc:
1982 – Ross Stores was founded, with the opening of six stores in the San Francisco Bay Area.
1985 – The company went public.
1993 – Ross achieved $1 billion in annual sales.
2000 – The first dd's DISCOUNTS store was opened.
2014 – Ross Stores reached 1,200 locations nationwide.
2019 – The company celebrated the opening of its 1,500th store.
Key Executives:
Name
Title
Pay
Exercised
Year Born
Ms. Barbara Rentler
Vice Chairman & CEO
1.53M
N/A
1957
Mr. Michael K. Kobayashi
President & Chief Capability Officer
1.17M
N/A
1964
Mr. Michael J. Hartshorn
Group President, COO & Director
1.25M
N/A
1968
Mr. Adam M. Orvos
Executive VP & CFO
2.86M
N/A
1965
Mr. Brian R. Morrow
President & Chief Merchandising Officer of dd's DISCOUNTS