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New Ross 'Dress For Less' to Open in Guam

    NEWARK, Calif., Sept. 25 /PRNewswire/ -- On Saturday, October 14th, Ross
'Dress For Less' will celebrate the grand opening of its first store in Guam.
The 32,839 square foot location will be situated in the Guam Premium Outlets
Center in the capital city of Tamuning, one of the premier shopping
destinations for more than one million tourists who visit Guam each year.  The
new Ross will feature an expanded home department, fine jewelry and watches in
addition to wide assortments of name brand fashions for the entire family
-- all offered at competitive discounts everyday.
    In commenting on this news, Jim Peters, President and Chief Operating
Officer stated, "Our new Guam store is one of 20 Ross 'Dress For Less'
locations grand opening this fall.  With 381 existing stores on the mainland
and 11 stores in Hawaii, we are excited about the opportunity to expand our
geographic reach by becoming a welcome and affordable addition to the local
community in Guam.  To celebrate our entry into Guam, we will be hosting a
Preview Night before the grand opening on October 6th to raise funds for
Guam's First Lady Geraldine Gutierrez's 'People Helping People' Campaign."
    During October and November, Ross will also open five stores each in
California and Texas, two new locations each in Oregon, Utah and Pennsylvania
and one new store each in Colorado, Florida and Washington.  The off-price
retailer will now operate a total of 412 stores in 17 states and Guam.
    Ross Stores, Inc. operates a national chain of off-price retail stores
offering first quality, in-season, branded apparel and apparel-related
merchandise for the entire family at prices that average 20% to 60% less than
department and specialty stores, as well as merchandise for the home at
similar savings.  The company had 1999 revenues of $2.5 billion and currently
operates 392 stores in 18 states.


SOURCE Ross Stores, Inc.




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