Ross Stores Inc
Deflationary pressures, the rise of Amazon and the expansion of off-price and fast fashion chains all have the potential to disrupt traditio...
As the threat of a US West Coast port shutdown looms, analysts already estimate the ongoing disruption could add an eye-watering US$36.9bn t...
| 30 Apr 2014
Retailers and brands are increasingly engineering their operations to make the most of changing trends affecting everything from sourcing to sales. But as Mike Flanagan points out, the model that works for one company is unlikely to work for another. Here he gives some examples.
| 28 Nov 2013
The growth of inexpensive private label apparel is ending as the sector becomes less and less competitive, according to new research.
| 10 May 2013
Improving weather in late April, combined with rising stock and housing prices, offered some encouragement to US clothing retailers as sales gained over the month.
| 11 Apr 2013
A combination of cold, snowy weather and the earlier timing of Easter meant that sales of spring or early summer merchandise got off to a chilly start for US retailers in March.
| 25 Sep 2015
Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. The Finish Line posted a small drop in net income, Zumiez saw its profit more than halve, Cherokee Global Brands posted a double-digit decline in net earnings, while Christopher & Banks swung to a loss, and Hudson's Bay was back in the black.
| 26 Jun 2015
First-quarter revenue forecasts for US apparel retailers fared far worse than earnings expectations. The Finish Line said it got off to a "solid start" with double-digit profit growth, and Cherokee was pleased with a "strong" quarter, despite some headwinds. Elsewhere, Urban Outfitters revealed a mixed quarter, while Men's Wearhouse booked record sales but a decline in earnings.
| 27 Feb 2015
US off-price fashion retailer Ross Stores has booked fourth-quarter earnings and sales ahead of its expectations and offered a positive outlook for the next fiscal.
| 24 Feb 2015
Solid results are expected for apparel retailers TJX Companies and Ross Stores, analysts have said, thanks to the ongoing resilience and competitive strength of the off-price business model.
| 21 Nov 2014
US off-price fashion retailer Ross Stores has booked an increase in third-quarter earnings but has maintained a cautious outlook for the full year due to the uncertain economic environment.
| 22 Aug 2014
Off-price fashion retailer Ross Stores has booked second-quarter earnings in line with analyst consensus and at the high end of management guidance.
| 23 May 2014
Ross Stores has booked what analyst say was a strong performance in the first quarter as strict inventory and expense control offset the negative impact from unfavorable weather and a challenging retail environment.
| 8 May 2014
Off-price fashion retailer Ross Stores has promoted president and chief merchandising officer Barbara Rentler to CEO, as part of a management succession plan.
| 28 Feb 2014
Off-price fashion retailer Ross Stores has reported a 7.9% drop in fourth-quarter profit, weighed down by lower sales and promotions.
| 28 Jan 2014
Off-price retailer Ross Stores has appointed Michael Hartshorn to the role of chief financial officer.
| 22 Nov 2013
Ross Stores has said it remains cautious in its outlook after the off-price retailer lowered its fourth-quarter earnings per share guidance, despite posting a rise in third-quarter net profit and sales.
| 23 Aug 2013
Off-price retailer Ross Stores has booked a 17% increase in second quarter profit, helped by higher sales and improved margins.
| 24 Jun 2013
US retailer Ross Stores has agreed to pay a US$3.9m fine after it knowingly failed to report that it failed to report that it was selling children's garments containing drawstrings - a strangulation risk.
| 24 May 2013
Off-price retailer Ross Stores has raised its full-year earnings guidance after recording a 12% increase in first-quarter net profit, boosted by higher sales.
| 22 Mar 2013
US off price retailer Ross Stores saw fourth quarter net income rise on the back of rising sales and margins.
| 24 Jan 2013
Kenya-based clothing manufacturing giant United Aryan (UAL) has selected the WFX Cloud ERP software for its African production facilities.
| 14 Dec 2012
Ten Los Angeles based garment contractors making clothes for retailers including Dillard's, Forever 21, Ross Stores and Urban Outfitters have been accused of serious labour violations.
| 16 Nov 2012
Strong sales and lower expenses have helped off-price retailer Ross Stores book a better-than-expected rise in third-quarter net profit, but it issued a cautious outlook for the all-important holiday season.
| 17 Aug 2012
Value-priced clothing and footwear retailer Ross Stores has raised its full-year earnings guidance after better-than-expected sales boosted its second-quarter profit.
| 16 Aug 2012
Value retailer Ross Stores has revealed vice chairman and CEO Michael Balmuth will become chairman in 2016 as part of the company's management succession plan.
| 22 May 2012
Off-price retailer Ross Stores Inc has raised its full-year guidance after higher sales helped it to a better-than-expected 21% hike in first quarter earnings.
| 12 Apr 2012
Discount clothing retailer Ross Stores plans to open a new distribution and warehousing facility in South Carolina, creating 600 jobs over five years.
| 16 Mar 2012
Low-cost retailer Ross Stores recorded double-digit increases to fourth quarter sales and earnings as margins improved and comparable store sales rose 7%.
| 18 Nov 2011
Value retailer Ross Stores Inc has booked a 19% hike in third quarter earnings, helped by "above-plan" sales to shoppers seeking bargains.
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