Thursday, November 20, 2008

Signs of the New Recession: Ross Stores Doing Just Fine

By Chris Thompson
Thu, Nov 20, 2008 at 7:19 AM

For the last six months, one thing has held nice and true every time: if times are getting worse, Ross Stores is doing better. And today's no different, as the Pleasanton-based discount clothing store reported an 18 percent jump in profits for the third quarter. According to the San Francisco Business Times, store executives predict a similarly flush fourth quarter as well.

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