Current:Home > FinancePlanned Ross Stores distribution center in North Carolina to employ 850 -Visionary Wealth Guides
Planned Ross Stores distribution center in North Carolina to employ 850
View
Date:2025-04-14 17:47:21
RANDLEMAN, N.C. (AP) — Discount retailer Ross Dress For Less will build a southeastern U.S. distribution center in central North Carolina, investing $450 million and creating 850 jobs, officials announced Tuesday.
Ross Stores Inc., which operates Ross Dress for Less and another off-price chain, aims to complete its capital investment at the Randolph County site by the end of 2026 and create the jobs from 2027-2031, according to a document provided by the state Commerce Department.
Off-price chains, which also include TJ Maxx and Marshalls, buy brand-name clothing and other products directly from manufacturers or other retailers with excess inventory, then sell them in no-frills stores.
Ross Stores calls Ross Dress For Less the largest off-price apparel and home fashion chain in the U.S., with over 1,700 locations in 43 states, the District of Columbia, and Guam.
The 330-acre (134-hectare) distribution center, to be located about 20 miles (32 kilometers) south of Greensboro, will provide warehousing, fulfillment and packing operations, Gov. Roy Cooper’s office said in a news release.
The minimum average wage for the new jobs will be essentially at the Randolph County average of $45,800 per year.
The California-based company was choosing between the site in Randleman and another in Laurens County, South Carolina, according to information provided to a state committee that approves some government incentives. The Economic Investment Committee agreed earlier Tuesday to award Ross up to $7.6 million in cash payments over 12 years if it meets job-creation and investment targets. In all, the company is poised to receive over $52 million in state and local incentives, most of which would originate from Randleman and Randolph County government.
veryGood! (21)
Related
- Arkansas State Police probe death of woman found after officer
- Most major retailers and grocers will be open on Labor Day. Costco and your bank will be closed
- Tyrese opens up about '1992' and Ray Liotta's final role: 'He blessed me'
- Police say 1 teen dead, another injured in shooting at outside Michigan State Fair
- Louvre will undergo expansion and restoration project, Macron says
- Georgia vs. Clemson highlights: Catch up on all the big moments from the Bulldogs' rout
- NY man pleads guilty in pandemic loan fraud
- Dusty Baker, his MLB dream no longer deferred, sees son Darren start his with Nationals
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Dusty Baker, his MLB dream no longer deferred, sees son Darren start his with Nationals
Ranking
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Pregnant Cardi B and Offset Reunite to Celebrate Son Wave's 3rd Birthday Amid Divorce
- Look: Texas' Arch Manning throws first college football touchdown pass in blowout of CSU
- Adele Announces Lengthy Hiatus From Music After Las Vegas Residency Ends
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Small plane carrying at least 2 people crashes into townhomes near Portland, engulfs home in flames
- Sephora Flash Sale: Get 50% Off Shay Mitchell’s Sunscreen, Kyle Richards’ Hair Treatment & More
- John Stamos got kicked out of Scientology for goofing around
Recommendation
Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
Paralympic track and field highlights: USA's Jaydin Blackwell sets world record in 100m
Sudden death of ‘Johnny Hockey’ means more hard times for beleaguered Columbus Blue Jackets
Once homeless, Tahl Leibovitz enters 7th Paralympics as 3-time medalist, author
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
49ers wide receiver Pearsall shot during attempted robbery in San Francisco, officials say
Wisconsin-Whitewater gymnastics champion Kara Welsh killed in shooting
San Francisco 49ers rookie Ricky Pearsall released from hospital after shooting