Home Tags Ross Stores
Tag: Ross Stores
The chain hailed by Wall Street as a ‘retail treasure’ runs the most disastrous store we’ve ever seen
Ross Stores has been deemed the future of retail, but if that's true, the future looks pretty ugly.
Ross Stores' business is exploding as department stores are shutting thousands of locations. The chain is dominating by offering no frills and steep discounts.
Ross Stores is breaking all the rules of traditional retail, and it's working.
Shares are down nearly 7% in after hours trading.
They included protection from what Morgan Stanley calls the "Amazon threat" and consistent growth in comparable sales.