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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Ross Stores Inc | NASDAQ:ROST | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 134.87 | 120.00 | 146.76 | 168 | 10:51:20 |
From May 2019 to May 2024
By Colin Kellaher
Ross Stores Inc. on Thursday said it will furlough the bulk of its workforce as its stores remain closed due to the coronavirus pandemic.
The Dublin, Calif., off-price retailer said it will furlough the majority of its store and distribution-center employees, along with some other workers across its business, starting on Sunday until operations can resume in their areas.
Ross last month said it was closing all of its U.S. stores due to the pandemic, with plans to reopen on April 4. However, the company on Thursday said the increasing spread of the coronavirus has scuttled those plans.
Ross also said Chief Executive Barbara Rentler and Chairman Michael Balmuth are foregoing their salaries, and that its senior executives have agreed to take substantial pay cuts.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
April 02, 2020 08:55 ET (12:55 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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