Ross Stores plans to open approximately 90 new stores in its FY 2025, comprised of about 80 stores under the Ross Dress for Less banner and 10 dd’s Discounts locations. The discount retailer kicked off its fiscal year, which ends in February 2026, with a total of 19 store openings in March 2025.
“This spring, we continued to expand the store base of both Ross and dd’s,” said Richard Lietz, EVP, Property Development at Ross Stores in a statement. “Specifically for Ross, we expanded our presence in the newer markets of Connecticut, Minnesota, New Jersey and New York, while dd’s growth primarily focused on existing markets of California, Georgia and Texas.
“We now operate a total of 2,205 Ross Dress for Less and dd’s Discounts locations across 44 states, the District of Columbia and Guam,” Lietz added. “As we look out over the long term, we remain confident that Ross can grow to 2,900 locations and dd’s Discounts can become a chain of 700 stores given consumers’ ongoing focus on value and convenience.”
For FY 2024, which ended Feb. 1, 2025, Ross generated $21.1 billion in sales, a 3.7% increase over the $20.4 billion in FY2023 sales.
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