Michael Balmuth Net Worth is90.7 $Million
VN:F [1.9.22_1171]
deserves the money?
Rating: 2.7/5 (6 votes cast)
VN:F [1.9.22_1171]
Would you date ?
Rating: 2.8/5 (5 votes cast)
Company|
Company Name: Ross Stores, Inc. /company logo
Ross Stores, Inc. is a chain of American off-price department stores headquartered in Pleasanton, California, operating under the name Ross Dress for Less. It is the third largest off-price retailer in the United States, behind T.J. Maxx and Marshalls, both of which are owned by TJX Companies.
As of February 2012, the company operated 1,037 Ross stores in 29 U.S. states and Guam, covering much of the country but with no presence in New England, New York, northern New Jersey, Alaska, and areas of the Midwest.
Ross Department Store was first opened in San Bruno, California, in 1950 by Morris "Morrie" Ross. The next store was established in Pacifica, California, in the late 1950s.[citation needed] In 1982 a group of investors, including Mervin Morris, founder of the Mervyns chain of department stores, purchased the six Ross Department Stores, changed the format to off-price retail units, and within three years rapidly expanded the chain to 107 stores.
Ross also operates dd's Discounts, a chain of clothing and furniture stores, with prices below those of the main Ross stores. The "dd's" stands for "deep discounts". Ross and dd's Discounts stores often operate side by side in space formerly used by a large box store such as a grocery store and then subdivided.

Michael Balmuth Net Worth, 2.7 out of 5 based on 6 ratings
(Visited 62 times, 1 visits today)

Michael Balmuth Latest News

Ross Stores thriving as buyers look for discounts

Ross' stock has climbed 18 percent this year, while Gap has dropped 28 percent. Ross CEO Michael Balmuth keeps promotions and fashion displays minimal to maintain low prices, while placing buyers in New York and Los Angeles to guarantee the Pleasanton ...
Posted: September 1, 2011, 9:00 pm

Ross Stores Names Barbara Rentler To Succeed Michael Balmuth As CEO

Off-price retail chain Ross Stores, Inc. (ROST) announced Wednesday the promotion of Barbara Rentler to chief executive officer, effective June 1, as part of its long-term management succession plan. Rentler has been serving as president and chief ...
Posted: May 7, 2014, 2:51 am

Ross Fires Dd’s President Doug Baker

Ross Stores Inc. has terminated Doug Baker, president and chief merchandising officer of its dd’s Discounts division. Michael Balmuth, executive chairman, will oversee the unit while the company conducts a search for a successor. A veteran of The TJX Cos.
Posted: January 28, 2015, 2:06 pm
Related Topics:
How Much Is Michael Balmuth Earnings, How Much Is Michael Balmuth Income, How Much Is Michael Balmuth Net Worth, How Much Is Michael Balmuth Salary, How Much Is Michael Balmuth Worth, Michael Balmuth, Michael Balmuth Age, Michael Balmuth Bio, Michael Balmuth Biography, Michael Balmuth Ceo, Michael Balmuth Ceo Ross Stores, Michael Balmuth Country, Michael Balmuth Date Of Birth, Michael Balmuth Earnings, Michael Balmuth Edison, Michael Balmuth Edison Venture Fund, Michael Balmuth Edison Ventures, Michael Balmuth Education, Michael Balmuth Email, Michael Balmuth Ethnicity, Michael Balmuth Facebook, Michael Balmuth Family, Michael Balmuth Gossips, Michael Balmuth Height, Michael Balmuth History, Michael Balmuth Home Town, Michael Balmuth Images, Michael Balmuth Income, Michael Balmuth Janet, Michael Balmuth Job, Michael Balmuth Linkedin, Michael Balmuth Nationality, Michael Balmuth Net Worth, Michael Balmuth Networth, Michael Balmuth News, Michael Balmuth Partner, Michael Balmuth Place Of Birth, Michael Balmuth Retirement, Michael Balmuth Ross, Michael Balmuth Ross Ceo, Michael Balmuth Ross Stores, Michael Balmuth Rumors, Michael Balmuth Salary, Michael Balmuth Secrets, Michael Balmuth Sv Life Sciences, Michael Balmuth Videos, Michael Balmuth Weight, Michael Balmuth Wiki, Michael Balmuth Wikipedia, Who Is Michael Balmuth,