Ross Dress for Less Expands Detroit Presence with Four New Stores and Community Investments
TL;DR
Ross Stores expands in Detroit with four new locations offering 20-60% savings on name brands, creating a competitive advantage for budget-conscious shoppers.
Ross Stores will open four Detroit-area locations on October 11th, each 22,000-23,500 square feet and employing 55-60 people with specific operating hours.
Ross Stores is donating $20,000 to local Boys & Girls Clubs and schools, creating jobs and supporting Detroit community development through retail expansion.
Ross Dress for Less brings four new Detroit stores with major brand discounts and unique charitable partnerships, expanding Michigan's off-price retail landscape.
Ross Stores, operator of the largest off-price retail chain in the United States, announced the opening of four new Ross Dress for Less stores in the Detroit metropolitan area on October 11th. This expansion represents part of a broader national growth strategy for the company, which operates 1,873 Ross locations across 44 states, the District of Columbia, Guam, and Puerto Rico according to information available at https://www.rossstores.com.
The new locations include stores in Southfield at 23647 Greenfield Rd., Allen Park at 3181 Fairlane Dr., Brighton at 8393 W. Grand River Ave., and Ann Arbor at 3675 Washtenaw Ave. Each store will operate with varying hours, with most locations open from 9:00 a.m. to 10:00 p.m. Sunday through Thursday and extending hours until 10:30 p.m. on Fridays and Saturdays. The Brighton and Ann Arbor locations will maintain consistent hours from 9:30 a.m. to 9:30 p.m. daily.
Richard Lietz, Executive Vice President of Property Development, stated that this expansion represents the company's commitment to reaching more customers with high-quality merchandise, recognized brands, and significant savings. The stores range from 22,000 to 23,500 square feet in size, providing substantial retail space for the company's off-price apparel and home fashion offerings.
The economic impact of this expansion extends beyond consumer access to discounted merchandise. Each new store is projected to create between 55-60 jobs, consisting of both full-time and part-time positions. This translates to approximately 220-240 new employment opportunities across the four locations, providing a meaningful boost to local employment in the Detroit metropolitan region.
Community investment accompanies the retail expansion, with the company planning to donate a total of $20,000 to local youth organizations. Recipients include The Boys & Girls Clubs of Southeastern Michigan at both the Lloyd H. Diehl Club and Dick & Sandy Dauch Campus NFL/YET locations, The Boys & Girls Club of Greater Flint Peak Extension, and The Carpenter Elementary School through the First Book Marketplace. These donations reflect the company's stated commitment to investing in communities where it operates stores.
Following these October openings, Ross Dress for Less will operate 23 stores throughout Michigan, strengthening the company's presence in the state's retail landscape. As an S&P 500, Fortune 500, and Nasdaq 100 company with fiscal 2024 revenues of $21.1 billion, Ross Stores brings substantial retail expertise and buying power to the Detroit market. The company's business model focuses on offering first-quality, in-season name brand and designer merchandise at savings of 20% to 60% off department and specialty store regular prices.
This expansion occurs amid ongoing changes in the retail sector, where off-price retailers have demonstrated resilience in various economic conditions. The addition of four stores in the Detroit area provides consumers with increased access to discounted brand-name merchandise while contributing to local employment and community support through targeted charitable contributions.
Curated from citybiz
