As malls and department stores fade, California’s Ross and other discounters are booming - News Summed Up

As malls and department stores fade, California’s Ross and other discounters are booming


People arrive to shop at a newly opened Ross store on 600 E. Valley Blvd. As big malls and department stores close, bargain chains like Ross Dress for Less are rolling out new stores. AdvertisementThis year, the parent company, Ross Stores Inc., plans to open 110 new outlets across the country, after 90 last year. “The share shift is more from mainstream retail, department stores and other places like that,” he told analysts after announcing strong growth early this month. Malls have been struggling for decades as department stores consolidated and fell out of favor.


Source: Los Angeles Times March 23, 2026 18:39 UTC



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