Michael Balmuth Net Worth is90.7 $Million
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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
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Michael Balmuth Latest News

Rita Balmuth

Rita was beloved, and is survived by, her children Susan Balmuth and David Horne of Seattle, David Balmuth and Randi Cigelnik of Chicago, and Michael and Jill Balmuth ... Services for Rita Balmuth will be held Wednesday, May 24, at 10:30 am at the William ...
Posted: May 22, 2017, 5:00 pm

Ross Stores Management Discusses Q4 2013 Results - Earnings Call Transcript

Ross Stores (NASDAQ:ROST) Q4 2013 Earnings Call February 27, 2014 4:15 PM ET Executives Michael Balmuth - Vice Chairman and Chief Executive Officer Michael Hartshorn - Chief Financial Officer and Senior Vice President Michael B. O'Sullivan - President and ...
Posted: February 27, 2014, 7:24 pm

SV Health Investors Promotes Michael Balmuth to Managing Partner and Houman Ashrafian to Partner

BOSTON and LONDON , Jan. 08, 2018 (GLOBE NEWSWIRE) -- SV Health Investors, the venture capital and growth equity firm, has promoted Michael Balmuth to Managing Partner from Partner and Houman Ashrafian to Partner from Venture Partner and Entrepreneur in ...
Posted: January 8, 2018, 6:25 am
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