While giants like Macy’s, Kohl’s, and Walgreens are closing stores, Ross is doing the opposite. The discount retailer already opened 40 new locations this year and plans to add 90 more before the end of 2025. Its secret? The “off-price” model — buying other retailers’ excess inventory and reselling it for up to 70% less. In a slowing economy, that strategy has turned Ross into one of the few retailers actually growing while everyone else pulls back.
Subscribe to The Hustle:
🔗 https://clickhubspot.com/vu3l
Get the 5-minute newsletter keeping 2M+ innovators in the loop
🔗 https://clickhubspot.com/3kln
About HubSpot:
HubSpot is a customer platform that provides education, software, and support to help businesses grow better. The platform includes marketing, sales, service, commerce, operations, and website management products that start free and scale to meet our customers’ needs at any stage of growth. Today, thousands of customers around the world use HubSpot’s powerful and easy-to-use tools and apps to attract, engage, and delight customers.
#TheHustle #HubSpot
Disclaimer : This story is auto aggregated by a computer programme and has not been created or edited by DOWNTHENEWS. Publisher: finance.yahoo.com
