Ross Gains Fans With its Bargain Prices
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Off-price apparel retailer Ross Stores is one outfit that's gotten a lot of mileage out of touting bargain prices, in good times and bad. Ross sells in-season name-brand and designer clothes, accessories and footwear for the family at everyday discounts of 20 percent to 60 percent off department store and specialty-store prices. It's the nation's No. 2 off-price retailer behind TJX Cos. The company's profit has climbed at double-digit rates in seven of the past eight quarters.