Ross Stores (ROST)

dd’s DISCOUNTS

As of February 2, 2008, we operated 52 dd’s DISCOUNTS stores in four states. This newer off-price concept targets the needs of households with more moderate incomes. We believe this is one of the fastest growing demographic markets in the country. dd’s DISCOUNTS features a moderately-priced assortment of first-quality, in-season, name-brand and fashion apparel, accessories, footwear and home merchandise at everyday savings of 20% to 70% off moderate department and discount store regular prices. We opened ten initial locations in California during the second half of 2004, another ten stores in 2005, six stores during fiscal 2006, and 26 stores during fiscal 2007. This business generally has similar merchandise departments and categories to those of Ross, but features a different mix of brands, consisting mostly of moderate department store and discount store labels at lower average price points. The typical dd’s DISCOUNTS store is located in an established shopping center in a densely populated urban or suburban neighborhood. The merchant, store and distribution organizations for dd’s DISCOUNTS and Ross are separate and distinct; however, dd’s DISCOUNTS shares certain other corporate and support services with Ross.

dd’s DISCOUNTS

As of February 2, 2008, we
operated 52 dd’s DISCOUNTS
stores in four states. This newer
off-price concept targets the needs of households with more moderate incomes. We
believe this is one of the fastest growing demographic markets in the country.
dd’s DISCOUNTS features a moderately-priced assortment of first-quality,
in-season, name-brand and fashion apparel, accessories, footwear and home
merchandise at everyday savings of 20% to 70% off moderate department and
discount store regular prices. We opened ten initial locations in California
during the second half of 2004, another ten stores in 2005, six stores during
fiscal 2006, and 26 stores during fiscal 2007. This business generally has
similar merchandise departments and categories to those of Ross, but features a
different mix of brands, consisting mostly of moderate department store and
discount store labels at lower average price points. The typical dd’s DISCOUNTS
store is located in an established shopping center in a densely populated urban
or suburban neighborhood. The merchant, store and distribution organizations for
dd’s DISCOUNTS and Ross are separate and distinct; however, dd’s DISCOUNTS
shares certain other corporate and support services with Ross.

dd’s DISCOUNTS

As of February 3, 2007, we operated 26 dd’s DISCOUNTS stores. This newer off-price concept targets the needs of lower income households, which we believe to be one of the fastest growing demographic markets in the country. dd’s DISCOUNTS features a moderately-priced assortment of first-quality, in-season, name-brand and fashion apparel, accessories, footwear and home merchandise at everyday savings of 20% to 70% off moderate department and discount store regular prices. We opened ten initial locations in California during the second half of 2004, another ten stores in 2005, and six stores during fiscal 2006. This business generally has similar merchandise departments and categories to those of Ross, but features a different mix of brands, consisting mostly of moderate department store and discount store labels at lower average price points. The average dd’s DISCOUNTS store is approximately 27,000 gross square feet and is located in an established strip shopping center in a densely populated urban or suburban neighborhood. The merchant, store and distribution organizations for dd’s DISCOUNTS and Ross are separate and distinct; however, dd’s DISCOUNTS shares certain other corporate and support services with Ross.

dd’s DISCOUNTS

We operate 20 dd’s DISCOUNTS stores.  This newer off-price concept targets the needs of lower income households, which we believe to be one of the fastest growing demographic markets in the country.  dd’s DISCOUNTS features a moderately-priced assortment of first-quality, in-season, name brand apparel, accessories, footwear and home fashions at everyday savings of 20% to 70% off moderate department and discount store regular prices.  We opened ten initial stores at locations in California during the second half of 2004 and ten stores during the first nine months of 2005.  This new business generally has similar merchandise departments and categories to those of Ross, but features a different mix of brands, consisting mostly of moderate department store and discount store labels at lower average price points.  The average dd’s DISCOUNTS store is approximately 27,000 gross square feet and is located in an established strip shopping center in a densely populated urban or suburban neighborhood.  The merchant, store and distribution organizations for dd’s DISCOUNTS and Ross are separate and distinct; however, dd’s DISCOUNTS shares certain other corporate and support services with Ross.

dd’s DISCOUNTS^®

The Company operates 20 dd’s DISCOUNTS^® stores, its off-price concept targeted to serve the needs of lower-income households, which it believes to be one of the fastest growing demographic markets in the country.  dd’s DISCOUNTS^® features a moderately-priced assortment of first-quality, in-season, name brand apparel, accessories, footwear and home fashions at everyday savings of 20 to 70 percent off moderate department and discount store regular prices.  The Company opened ten initial stores at locations in California during the second half of 2004 and ten stores during the first nine months of 2005.  This new business generally has similar merchandise departments and categories to those of Ross, but features a different mix of brands, consisting mostly of moderate department store and discount store labels at lower average price points.  The average dd’s DISCOUNTS^® store is approximately 26,000 square feet and is located in an established strip shopping center in densely populated urban and suburban neighborhoods.  The dd’s DISCOUNTS^® and Ross merchant, store and distribution organizations are separate and distinct; however, dd’s DISCOUNTS^® shares other certain corporate and support services with Ross.

dd’s DISCOUNTS^®

The Company operates 13 dd’s DISCOUNTS^® stores, its off-price concept targeted to serve the needs of lower-income households, which it believes to be one of the fastest growing demographic markets in the country.  dd’s DISCOUNTS^® features a moderately-priced assortment of first-quality, in-season, name brand apparel, accessories, footwear and home fashions at everyday savings of 20 to 70 percent off moderate department and discount store regular prices.  The Company opened ten initial stores at locations in California during the second half of 2004 and three stores during the first half of 2005.  This new business generally has similar merchandise departments and categories to those of Ross, but features a different mix of brands, consisting mostly of moderate department store and discount store labels at lower average price points.  The average dd’s DISCOUNTS^® store is approximately 26,000 gross square feet and is located in an established strip shopping center in densely populated urban and suburban neighborhoods.  The dd’s DISCOUNTS^® and Ross merchant, store and distribution organizations are separate and distinct; however, dd’s DISCOUNTS^® shares other certain corporate and support services with Ross.

dd’s DISCOUNTS^SM

The Company operates ten dd’s DISCOUNTS^SM stores, a new off-price concept targeted to serve the needs of lower-income households, which it believes to be one of the fastest growing demographic markets in the country.  The Company opened these initial stores at locations in California during the second half of 2004.  This new business generally has similar merchandise departments and categories to those of Ross, but features a different mix of brands, consisting mostly of moderate department store and discount store labels at lower average price points.  The average dd’s DISCOUNTS^SM store is approximately 26,000 gross square feet and is located in an established strip shopping center in densely populated urban and suburban neighborhoods.  The dd’s DISCOUNTS^SM and Ross merchant, store and distribution organizations are separate and distinct; however, dd’s DISCOUNTS^SM shares other certain corporate and support services with Ross.

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dd’s DISCOUNTS^SM

During 2004, the Company opened ten initial dd’s DISCOUNTS^SM stores, a new off-price concept targeted to serve the needs of lower-income households, which it believes to be one of the fastest growing demographic markets in the country.  The Company opened these initial stores at locations in California during the second half of 2004.  This new business generally has similar merchandise departments and categories to those of Ross, but features a different mix of brands, consisting mostly of moderate department store and discount store labels at lower average price points.  The average dd’s DISCOUNTS^SM store is approximately 26,000 gross square feet and is located in an established strip shopping center in densely populated urban and suburban neighborhoods.  The dd’s DISCOUNTS^SM and Ross merchant, store and distribution organizations are separate and distinct; however, dd’s DISCOUNTS^SM shares other certain corporate and support services with Ross.