Ross Posts 13% Sales Jump as Inflation Drives Shoppers to Off-Price Retailers

Off-price retailer Ross Stores saw “robust” sales growth in the quarter ended Aug. 1 as both existing customers and new ones sought prices lower than those of mainstream retailers, CEO Jim Conroy said during a Thursday (Aug. 20) earnings call. “We really want to be there for a customer that is battling higher gas prices […] The post Ross Posts 13% Sales Jump as Inflation Drives Shoppers to…