With consumers cutting back on discretionary spending while trading down to value-focused merchants, Ross Stores is seeing these belt-tightening behaviors prove to be a mixed bag. The company, which operates more than 2,000 off-price stores across the country under its Ross Dress for Less and DD’s Discounts banners, reported in its first quarter fiscal 2024 financial results that it saw sales rise 8% year over year. However, the retailer continues to face challenges, as its target demographics face ongoing ...