Ross Stores performs better in this climate of economic uncertainty than many other apparel retailers.
Ross’s inventory management system and pack-away/close-outs mix allows the company to achieve higher-than-average inventory turns and lower markdown levels.
Complex inventory management system needs and a large buying team with deeply established vendor relationships keep competitors at bay. Read more
An improvement in the economy could mean that customers trade back up to full-price stores.
As the company expands its store base it might compete more heavily with TJ Maxx stores.
If the economy worsens, consumers may pull back on discretionary purchases, making same-store sales comp expectations difficult to achieve. Read more
The Ross management team has extensive retail experience, both within and outside of the company. Michael Balmuth has been serving as the company’s CEO since 1996 and was president from 2005 to 2009. He has held various merchandising and executive roles Read more
Ross Stores operates one of the largest off-price apparel and home fashion chains in the U.S., selling name-brand and designer apparel, accessories, footwear, and home fashions Read more
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