Ross Stores, Inc.
Corporate Profile

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Ross Stores, Inc. began in 1982 with six stores in the San Francisco Bay Area. At the end of fiscal 1998, there were 349 Ross 'Dress For Less' Stores in 17 states. As an off-price retailer, Ross offers first-quality, in-season, name brand apparel, accessories and footwear for the entire family at everyday savings of 20% to 60% from regular department and specialty store prices, as well as similar savings on fragrances, gift items and linens for the home.

Mission

Ross Stores' mission is to offer competitive values to customers by focusing on the following key objectives:
  • Achieve an appropriate level of brands and labels at strong discounts throughout the store

  • Meet customer needs on a more regional basis

  • Deliver an in-store shopping experience that reflects the expectations of the off-price customer

  • Manage real estate growth to maintain dominance or achieve parity with the competition in key markets

Target Customers

Ross 'Dress For Less' target customers are value-conscious men and women between the ages of 25 and 54, with middle to upper-middle income levels. Ross customers define value both in terms of brands and strong discounts compared to full-price retailers.

Merchandise

Ross offers a wide selection of name-brand apparel and apparel-related merchandise for the entire family. Merchandise includes:
  • Ladies
    Misses Sportswear Dresses
    Juniors Lingerie
    Petites Accessories
    Women's World
  • Men's
    Traditional Men's Young Men's
  • Children's
  • Shoes
  • Home Accents
  • Bed and Bath
  • Fine Jewelry

Stores

The typical new Ross 'Dress For Less' store averages 30,000 gross square feet and is conveniently located in a neighborhood shopping center.

Corporate Headquarters

Ross Stores, Inc.
8333 Central Avenue
Newark, California 94560
510.505.4400

New York Buying Office

Ross Stores, Inc.
1372 Broadway, 10th Floor
New York, New York 10018
212.382.2700

Los Angeles Buying Office

Ross Stores, Inc.
110 East 9th Street, Suite B-913
Los Angeles, California 90079
213.623.2640

Annual Report (Form 10-K)

A copy of the company's 1998 Annual Report on Form 10-K as filed with the Securities and Exchange Commission is available, without charge, by contacting the following:
Investor Relations Department
Ross Stores, Inc.
8333 Central Avenue
Newark, CA 94560
1.800.989.8849

Transfer Agent And Registrar

ChaseMellon Shareholder Services
San Francisco, California
1.800.356.2017

Foreign Stockholders: 1-201-329-8660

www.chasemellon.com

Independent Auditors

Deloitte & Touche LLP
San Francisco, California

General Counsel

Gray Cary Ware & Freidenrich
Palo Alto, California

Real Estate Counsel

Bartko, Zankel, Tarrant & Miller
San Francisco, California


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