Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Ross Marketing history
Ross Marketing company history timeline
Two Ross "Dress for Less" stores were opened in the fall of 1982 and 18 stores the following year, more than tripling the size of Ross in little more than a year.
1983: Rapid expansion begins with the opening of 18 more stores.
Fueled by this new growth, annual sales shot past the $500 million mark by the end of 1986 and future revenue growth seemed assured as expansion plans were laid for the company's penetration into new markets.
Less than a year later, in January 1988, Ferber was also named Ross's chief executive officer, taking charge of the company as it was undergoing a series of changes to quickly restore its profitability.
By 1989, 95 percent of the company's 140 stores contained full cosmetic and fragrance departments staffed with beauty consultants, one of the new and decidedly upscale features adopted by Ross as it repositioned itself for consistent profitability.
Balmuth had joined Ross in 1989 as senior vice-president and general merchandise manager.
In 1990, 29 new stores were opened, giving the company a total of 185 stores in 18 states by the end of the year and opening up new markets in Philadelphia and in Boise, Idaho.
The concept was introduced in 20 stores early in 1992 and quickly registered sufficient success to warrant its incorporation into other existing Ross "Dress for Less" stores.
1992: Sales surpass the $1 billion mark for the first time.
Average sales per square foot rose to $285, a 24 percent increase over the figure for 1995.
Continuing its steady growth, Ross posted revenues of $2.47 billion, profits of $150.1 million, and average sales per square foot of $300 for 1999.
Helping to manage this new market initiative was James C. Peters, who was hired as president and chief operating officer of Ross Stores in August 2000.
During the first quarter of 2001 two Ross stores opened in the Atlanta, Georgia, metropolitan area, marking a possible beginning of a new era in the story of steady if unspectacular growth for the company.
Rate how well Ross Marketing lives up to its initial vision.
Ross Marketing jobs
Do you work at Ross Marketing?
Is Ross Marketing's vision a big part of strategic planning?
Zippia gives an in-depth look into the details of Ross Marketing, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Ross Marketing. The employee data is based on information from people who have self-reported their past or current employments at Ross Marketing. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Ross Marketing. The data presented on this page does not represent the view of Ross Marketing and its employees or that of Zippia.
Ross Marketing may also be known as or be related to Ross Marketing.