Current:Home > MyPlanned Ross Stores distribution center in North Carolina to employ 850 -PureWealth Academy
Planned Ross Stores distribution center in North Carolina to employ 850
View
Date:2025-04-13 16:03:38
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! (75)
Related
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Lucius Bainbridge: From Investment Genius to Philanthropist
- Washington Nationals' CJ Abrams sent to minors after casino all-nighter
- Princess Kate makes first public appearance at church service after finishing chemo
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Hilarie Burton Reveals the Secret to Her Long-Lasting Relationship With Jeffrey Dean Morgan
- Climate change leaves some migrating birds 'out of sync' and hungry
- For home shoppers, the Fed’s big cut is likely just a small step towards affording a home
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Antonio Pierce calls out Raiders players for making 'business decisions' in blowout loss
Ranking
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Chicago White Sox tie MLB record with 120th loss
- Mom of suspect in Georgia school shooting indicted and is accused of taping a parent to a chair
- Feds: Man accused in apparent assassination attempt wrote note indicating he intended to kill Trump
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- MLB playoffs home-field advantage is overrated. Why 'road can be a beautiful place'
- FBI finds violent crime declined in 2023. Here’s what to know about the report
- Mary-Kate Olsen and Ashley Olsen Share Professional Update in Rare Interview
Recommendation
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
California fire agency engineer arrested, suspected of starting 5 wildfires
Department won’t provide election security after sheriff’s posts about Harris yard signs
Why Kristen Bell's Marriage to Polar Opposite Dax Shepard Works Despite Arguing Over Everything
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Cincinnati Reds fire manager David Bell
The 'Veep' cast will reunite for Democratic fundraiser with Stephen Colbert
Lizzo addresses Ozempic rumor, says she's 'fine both ways' after weight loss