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Ross Stores, Inc.

ROSTConsumer Cyclical· Dublin, CA, United States
LAYOFFS TRACKED
1
LAST EVENT
Oct 1, 2023
MARKET CAP
$49.21B
EMPLOYEES
108,000

Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brand names in the United States. Its stores primarily offer apparel, accessories, footwear, and home fashions. The company's Ross Dress for Less stores sell its products at department and specialty stores to middle income households; and dd's DISCOUNTS stores sell its products at department and discount stores for households with moderate income. Ross Stores, Inc. was incorporated in 1957 and is headquartered in Dublin, California.

Layoff timeline

1 EVENT
Oct 1, 2023News

Ross Stores, Inc. has announced the closure of its locations on Ke’eaumoku and Fort Street Mall in Honolulu, Hawaii, effective October 1, 2023. This decision is part of a strategic move to streamline operations and reduce costs. While the exact number of employees affected by these closures has not been disclosed, the company is expected to impact the local workforce significantly. The closures reflect broader trends in retail as companies adapt to changing consumer behaviors and economic pressures. Ross Stores aims to focus on more profitable locations while navigating the challenges of the current retail landscape.

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