Ross Stores Announces Departure Of Doug Baker, President, dd's DISCOUNTS

DUBLIN, Calif., Jan. 28, 2015 /PRNewswire/ -- Ross Stores, Inc. (Nasdaq: ROST) announced today that Doug Baker, who served as President and Chief Merchandising Officer of dd's DISCOUNTS® since 2011, is leaving the Company. The senior merchandising executives at dd's DISCOUNTS will report to Michael Balmuth, Executive Chairman while the Company conducts a search to fill this position.

In commenting, Mr. Balmuth said, "Doug has made numerous contributions over the years as a merchandising executive at both Ross Dress for Less and dd's DISCOUNTS.  We thank him and wish him well in his future endeavors."

Barbara Rentler, Chief Executive Officer added, "Looking ahead, we remain confident in the dd's DISCOUNTS business model and excited about its growth prospects. Our store opening plans for dd's DISCOUNTS are on track and we continue to believe that over time this business can become a chain of 500 locations from the 152 we operate today."