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Ross is the largest off-price apparel and home fashion chain in the United States, with 1,904 locations in 44 states, the District of Columbia, Guam, and Puerto Rico as of January 31, 2026.
We also operate 363 dd s DISCOUNTS stores in 22 states as of January 31, 2026.
Our fiscal years ended January 31, 2026, February 1, 2025, and February 3, 2024 are referred to as fiscal 2025, fiscal 2024, and fiscal 2023, respectively.
Merchandising, Purchasing, and Pricing We seek to provide our customers with a wide assortment of brand name merchandise that is on trend and fashionable at compelling discounts.
We believe merchandise with nationally recognized brand names and labels sold at compelling discounts will continue to be an important determinant of our success.
The Ross and dd s DISCOUNTS buying organizations are separate, with each organization led by its own chief merchandising officer and supported by teams of merchandise management, buyers, and assistant buyers.
Stores As of January 31, 2026, we operated a total of 2,267 stores, comprised of 1,904 Ross stores and 363 dd s DISCOUNTS stores.
The selling area in our stores is based on a prototype single floor design with a racetrack aisle layout.
Distribution We operate distribution processing facilities where we receive and process all merchandise, which is shipped to regional cross-dock facilities located near our stores.
Our distribution centers are large, highly automated, and built for our specific off-price business model.
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Exhibits and Financial Statement Schedules 59 Signatures 60 Index to Exhibits 62 2 PART I ITEM 1.
Ross is the largest off-price apparel and home fashion chain in the United States, with 1,831 locations in 43 states, the District of Columbia, and Guam, as of February 1, 2025.
We also operate 355 dd s DISCOUNTS stores in 22 states as of February 1, 2025.
Our fiscal years ended February 1, 2025, February 3, 2024, and January 28, 2023 are referred to as fiscal 2024, fiscal 2023, and fiscal 2022, respectively.
Merchandising, Purchasing, and Pricing We seek to provide our customers with a wide assortment of first-quality, in-season, brand name and designer apparel, accessories, footwear, and home merchandise for the entire family at savings of 20% to 60% below department and specialty store regular prices every day at Ross, and 20% to 70% below moderate department and discount store regular prices at dd s DISCOUNTS.
We aim to sell recognizable brand name merchandise that is on trend and fashionable in each category.
We believe merchandise with nationally recognized name brands sold at compelling discounts will continue to be an important determinant of our success.
We generally leave the brand name label on the merchandise we sell.
In fiscal 2024, we continued our emphasis on this important sourcing strategy in response to compelling opportunities available in the marketplace.
As of February 1, 2025 and February 3, 2024, packaway accounted for approximately 41% and 40% of total inventories, respectively.