What is Ross Department Store?
Ross Stores, Inc. or Ross Departmental Stores is a chain of departmental stores in the United States that specializes in offering huge discounts on purchase of. These stores are operated under the trading name of 'Ross Dress for Less'. It ranked as the third best off-price chain in the country after T.J. Maxx and Marshalls both of which are part of TJX Companies. It owns large number of retail outlets all over the country with company's headquarters located in Pleasanton, California, United States.
Ross Departmental Stores started its business journey with the opening of the first store of the company in the year 1950 by by Morris "Morrie" Ross. Ross has sold its six stores to Mervin Morris in the year 1982. The Department store provides all daily needs that include Clothing, footwear, bedding, furniture, jewelry, beauty products, home furnishings and other housewares. The company employs more than 57,000 people across the country. Ross Departmental stores had total Revenue of US$9.72 Billion and Net income of US$787 Million in 2012 financial year. As of December, 2013 the chain had 1,173 store locations across the country except New England, northern New Jersey, Alaska and some other neighboring areas. In addition to chain stores the company also sell its products through company's official .