Ross Dress for Less expanding on Long Island, opening 2 more stores, off-price retailer says
Ross Dress for Less plans to open two more stores on Long Island, in Levittown and Holbrook, according to the company. The retailer's expansion is driven by strong sales growth, with Q2 2026 sales up 13% to $6.3B. Ross operates 1,952 stores and aims to open 115 more this year, targeting bargain-seeking customers.
How this was made
The 30-second read
Why it matters
The new stores increase footprint and may contribute to sustained sales momentum, though the effect will be incremental.
Market read
Expansion news provides modest growth insight for Ross and its sector, with limited immediate trading impact.
What to watch
Potential cannibalization of existing nearby Ross locations and the impact of rising lease costs in redeveloped malls.
Background
Ross Stores Inc. operates nearly 2,000 off‑price locations and is expanding its presence in the New York metro area.
Ticker impact
Ross Stores announced new store openings in Levittown (July) and Holbrook (Oct. 10), expanding its Long Island footprint.
Modest upside potential as same‑store sales benefit from new locations, but impact likely gradual.
Expansion aligns with Ross's historical 80‑store annual rollout and 13% Q2 sales growth, suggesting incremental revenue lift.
Market effects
Adds competitive pressure in the off‑price retail sector, potentially benefiting peers with similar expansion strategies.
Boosts retail activity on Long Island, may modestly lift local commercial real‑estate demand.
Limited; primarily a domestic retail expansion story.
Counterpoint
Rapid store rollout could strain capital and dilute same‑store sales if consumer demand softens.
Key entities
- CompanyRoss Stores Inc.
Off‑price retailer expanding on Long Island.
- ExecutiveBrian Schuster
Vice chairman of Ripco Real Estate, commenting on expansion.
