Ross Stores completes its FY26 store expansion plan
Ross Stores added 51 locations in September and October, reaching its FY26 goal of 115 new stores and expanding its two-brand network.
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what happened
Seeking Alpha reports that Ross Stores recently added 41 Ross Dress for Less outlets and 10 dd’s DISCOUNTS locations in 17 states during September and October. The openings completed the retailer’s FY26 expansion program, bringing the number of new locations launched during the year to 115.
Executive Vice President Richard Lietz said each new store extends the company’s value offering, supports job creation and contributes to local communities. Ross Stores also opened its first locations in Massachusetts while continuing to build the Ross Dress for Less presence in New York and other established markets.
Across the last five completed fiscal years, the combined footprint of the two banners increased by about 22% to 2,267 stores, with most recent growth coming under Ross Dress for Less. The company remains confident in the brands’ long-term prospects and sees potential for at least 2,900 Ross Dress for Less stores and 700 dd’s DISCOUNTS locations.
why it matters
The update shows that Ross Stores is continuing to execute its physical expansion strategy. Store additions broaden the reach of both banners, while the longer-term targets provide a measure of the company’s intended scale and growth ambitions.
instruments
sources
- Ross Stores hits its store growth target for FY26 — seekingalpha.com, 12 October 2026 at 14:58 UTC
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