Article

Top 100: 95. Ross Stores

December 25, 2010

Even though off-price discount retailers have generally been top performers in recent years, Ross Stores has distinguished itself against its closest competition among consumers who value brands and enjoy the Ross "treasure hunt" format for finding bargains. Women shopping for themselves and other family members make up 75 percent to 80 percent of Ross Stores' total traffic. The nation’s second largest off-price retailer grew earnings by more than 20 percent in 2008 during one of the most severe recessions on record. The company topped this performance in 2009 by increasing earnings another 50 percent over 2008 results. For the nine months ending October 30, 2010, the retailer’s sales totaled $5.721 billion, up 10 percent over sales for the nine months ending October 31, 2009.

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