Ross Stores thrives with major expansion plans while retail giants close locations nationwide
1. Ross Stores expands despite retail industry contractions, opening 36 new locations. 2. Plans to open 90 new stores this year, increasing brand presence. 3. Ross offers discount retailers amid rising layoff rates in the sector. 4. Demand for off-price retail continues to grow, benefiting Ross's market position. 5. Analysts see Ross as a structural market-share winner in the discount segment.