Sunday, June 12, 2011

Ross Stores Coming to St. Louis Area

The nation's second-largest off-price retailer -- Ross Stores -- is entering this market with at least two Ross Dress for Less stores already in the works. The Pleasanton, Calif.-based company has signed leases to open in the shuttered Linens 'n Things locations in Chesterfield and Fairview Heights. And retail brokers say the chain is still looking for more locations in the area.

The store in Chesterfield Commons is expected to open in March 2012. And the one at the Lincoln Place Shopping Center in Fairview Heights is also slated to open next year.

Ross Dress for Less has been rapidly growing in recent years, adding about 30 stores in the last year for a total of 998 stores as of May. In 2008, it had 838 stores. (By comparison, T.J. Maxx had about 923 stores at the end of 2010. It is part of the largest off-price retailer because the same company also owns Marshalls.)

Ross currently operates in 27 states, mostly in southern and western parts of the country. But it now is making inroads to the Midwest.

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