Ross Dress for Less opening new Selden store in former Wren Kitchens space
Ross Dress for Less is expanding on Long Island, opening a new store in Selden and another in Levittown. The retailer is occupying former Wren Kitchens spaces, which closed after bankruptcy. Ross reported a 13% sales increase to $6.3 billion in Q2, with same-store sales up 10%. The company plans to grow to 2,900 Ross and 700 DD’s Discounts stores over time, according to its executive vice president.
How this was made
The 30-second read
Why it matters
The announcement signals continued confidence in off‑price retail demand but offers limited immediate trading impact.
Market read
Minor corporate expansion news with low trading relevance.
What to watch
Potential cannibalization of nearby Ross locations.
Background
Ross Dress for Less is rapidly expanding on Long Island after entering the market in 2025.
Ticker impact
Ross Stores announced plans to open a new 30,656‑sq‑ft store in Selden, Long Island, adding to its rapid expansion.
likely limited pressure as investors price in modest expansion
Store openings are routine for Ross and do not materially change earnings outlook.
Market effects
Continues off‑price retail expansion trend
Adds modest retail activity to Long Island market
Minimal
Counterpoint
The expansion may strain capital if sales slowdown occurs.
Key entities
- CompanyRoss Stores Inc.
Off‑price retailer expanding its store footprint.
- CompanyBrixmor Property Group
Landlord of the Selden shopping center.
