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Ross Stores sees 15% sales gains in 2012

Original post made on Apr 11, 2012

Ross Stores, Inc., which has its headquarters in Pleasanton, has reported that sales increased 15% to $955 million for the five weeks ended March 31, 2012, up from $828 million for the five weeks ended April 2, 2011. Comparable store sales for the month grew 10% over last year.

Read the full story here Web Link posted Wednesday, April 11, 2012, 6:20 AM

Comments (6)

Posted by P*town Truth Tellers, a resident of Another Pleasanton neighborhood
on Apr 11, 2012 at 8:26 am

Good for Ross, and makes sense. In Obama's economy, discount clothing stores, discount grocers, and discount gasoline are all doing well; because we're losing purchasing power and trying to buy our staples as cheaply as possible. If liquor stores and check cashing stores were publicly traded; that's where I'd put my money.


Posted by Ferdouse Khaleque, a resident of Stoneridge
on Apr 11, 2012 at 9:47 am

This is very good news, it means consumer spending is going up and we maybe moving towards a good economic recovery. Real recovery will be determined by the movement in home prices. Although home prices have remained depressed throughout the nation, Pleasanton has not done too badly despite the lack of inventory. Fingers crossed that growth continued unabated.


Posted by local, a resident of Another Pleasanton neighborhood
on Apr 11, 2012 at 11:11 am

The bad news, that was not in this article, is that Ross is moving its headquarters to Dublin. They will be there by mid-2014.


Posted by Just Sayin', a resident of Another Pleasanton neighborhood
on Apr 13, 2012 at 10:31 am

There's a reason why Ross Stores is leaving the CarrAmerica campus. Probably the same reason that Ross has been the only consistent tenant in the last 8+ years and the majority of the buildings have remained empty.

The good news is that with Ross moving to the new campus, they'll be able to accommodate their quickly growing business which means new jobs.


Posted by local, a resident of Another Pleasanton neighborhood
on Apr 13, 2012 at 11:55 am

"There's a reason why Ross Stores is leaving the CarrAmerica campus. Probably the same reason that Ross has been the only consistent tenant in the last 8+ years and the majority of the buildings have remained empty."

Can you elaborate on that? What is the reason? I would be interested in knowing.


Posted by Steven, a resident of Stoneridge
on Apr 13, 2012 at 12:03 pm

Hey local, can you spell l.o.w. i.n.c.o.m.e. h.o.u.s.i.n.g? This is only a harbinjer of things to come.


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