![]() ![]() The Company’s operates a separate website for its dd's Discounts-branded stores at through which it provides similar product information and a store location tool. ![]() Ross Stores operates a website at through which it provides information on it product catalogue and outlet locations. Its broad portfolio of products, with the Company offering clothing products for men, women, and children of all ages, including brand name and designer items as well as accessories, shoes, homeware and bedding, and other products.Its reasonable prices, with the Company selling branded and non-branded clothing products at discounted prices, often offering savings of 20% to 60% below department and specialty store regular prices, and comparing favourably to those offered by its competitors and.Its broad merchandising and purchasing networks, with the Company maintaining relationships with a large network of vendors and manufacturers, and implementing an efficient merchandising strategy, to ensure it is able to offer high-quality products and low prices.Its extensive retail network, with the Company reaching its customers through multiple sales channels, including a network of more than 1,500 physical retail outlets across 36 states under both the Ross and dd’s Discounts brands.Its brand recognition and reputation, with the Company a well-known and recognisable retailer of off-price clothing and accessories, having a reputation for providing good-quality products and customer service.Ross Stores provides value to its customers in the following ways: The Company does not appear to have any significant international operations. This includes the operation of physical retail outlets across 36 US states, with a significant presence in California, Florida, and Texas. Through its retail chains, Ross Stores serves a large domestic customer base across the US. Ross Stores’s chain of dd’s Discounts stores attract a younger customer base, coming from households of a more moderate income. The Company’s core customers are typically from middle income households and make two or three store visits each month. According to a recent investor presentation published by the Company, Ross Stores’s target customers are predominantly female, around 75% to 80%, who appreciate good quality brands, but also enjoy shopping for bargains. Ross Stores provides apparel products and accessories for the general consumer market, serving customers across multiple demographics. The Company trades a portion of its shares on the NASDAQ and has current market capitalisation of $26.24 billion.īusiness model of Ross Stores Customer Segments It is ranked 237 th on the Fortune 500 list and 741 st on the Forbes Global 2000 list. Ross Stores is a leading off-price retailer. The Company sells an extensive range of branded, designer, and non-branded items at discounted prices. It currently operates a network of more than 1,500 retail outlets across the US, both under its flagship Ross brand and its other dd’s Discounts brand. Ross Stores has since expanded significantly. ![]() He ultimately sold the chain to a group of investors in 1982, who changed the format of the stores to function as off-price retail units. The store was sold to William Isaacson in 1958, who grew the department store chain to comprise six stores. ![]() It, however, traces its roots back to the 1950s and the establishment of the first Ross Junior Department Store outlet. Ross Stores was formally incorporated in 1982. Ross Stores seeks to provide its target consumers with high-quality branded and designer apparel at affordable prices. ![]()
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