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| | Ross taps the thrill of the bargain hunt - baltimoresun.com |
 | | It is boosting the fortunes of so-called off-price retailers, such as Newark, Calif.-based Ross Stores Inc. and its chief competitor, TJX Cos., parent of the T.J. Maxx and Marshalls clothing chains. |
 | | Although department stores have been struggling for years, and some specialty-store companies, such as San Francisco-based Gap Inc., are trimming square footage, Ross and TJX continue expanding at a combined rate of 10 percent to 12 percent, according to a report released this month by Brian Tunick, an analyst with J.P. Morgan. |
 | | In addition, both Ross and TJX are spending $200 million to $250 million a year to buy back stock and both are paying dividends to shareholders, the report said. |
| www.baltimoresun.com /news/local/bal-ross112403,0,1573799.story (795 words) |
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