Retail Realignment: Ross Stores Braces for Economic Shifts as Consumer Habits Evolve
Ross Stores navigates economic challenges as its lower-income customer base shifts spending habits. The company operates nearly 1,500 “off-price” retail locations, focusing on brand-name products at reduced prices. Despite strong past performance, Ross Stores expects slower growth due to cautious consumer behavior. Recent earnings per share slightly decreased but exceeded analyst expectations; however, sales fell … Read more