Ross Stores: A Recession Resistant Aristocrat
Many words have been written regarding the death of brick and mortar retail due to Amazon (AMZN). While that may be true fro some retailers, others with targeted niches have done well for themselves. Businesses like Costco (COST), Walmart (WMT), and Target (TGT) have done just fine over the last decade and I believe that Ross Stores (ROST) falls into that same boat.
Ross Stores sells discount apparel and home good through the Ross Dress For Less and dd's Discounts stores. The value add for consumers is that they are paying significantly less than department stores for essentially the same goods.
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