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ROST (NASDAQ)
Ross Stores, Inc., operating under the brand name Ross Dress for Less, is an American chain of discount department stores headquartered in Dublin, California. It is the largest off-price retailer in the U.S.; as of July 2024, Ross operates 1,795 stores in 43 U.S. states, Washington, D.C. Puerto Rico and Guam, covering much of the country, but with no presence in New England and Alaska. The company also operates DD's Discounts, a discount department store chain with over 353 locations across the United States, most of which are located in Sun Belt states. History Ross Department Store was first opened in San Bruno, California, in 1950 by Morris "Morrie" Ross. Morris would work 85 hours a week doing all of the buying and bookkeeping for his department store. In 1958 Ross sold his store to William Isackson to become a residential and commercial real estate developer. Isackson built the company to six stores in the San Francisco Bay Area, located in San Bruno, Pacifica, Novato, V ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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New England
New England is a region consisting of six states in the Northeastern United States: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. It is bordered by the state of New York (state), New York to the west and by the Canadian provinces of New Brunswick to the northeast and Quebec to the north. The Gulf of Maine and Atlantic Ocean are to the east and southeast, and Long Island Sound is to the southwest. Boston is New England's largest city and the capital of Massachusetts. Greater Boston, comprising the Boston–Worcester–Providence Combined Statistical Area, houses more than half of New England's population; this area includes Worcester, Massachusetts, the second-largest city in New England; Manchester, New Hampshire, the largest city in New Hampshire; and Providence, Rhode Island, the capital of and largest city in Rhode Island. In 1620, the Pilgrims (Plymouth Colony), Pilgrims established Plymouth Colony, the second successful settlement in Briti ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied ...
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Mervyn's
Mervyn's was an American middle-scale department store chain based in Hayward, California, and founded by Mervin G. Morris (1920–2021). It carried national brands of clothing, footwear, bedding, bath products, furniture, jewelry, beauty products, electronics, toys, and housewares. Many of the company's stores were opened in shopping malls; however, some locations were operated independently. Based on 2005 revenue, Mervyn's was the 83rd largest retailer in the United States. In 2006, Mervyn's had 189 stores in 10 states. One year later, after Mervyn's closed its stores in Oregon and Washington (state), Washington, Mervyn's had reduced its store count to 177 stores in seven states. On October 17, 2008, the company announced that it would liquidate its assets through a Chapter 7 filing, planning to close every remaining location by the end of the year. The Morris family bought back the intellectual property rights to the company in 2009 and announced plans to relaunch Mervyn's as a ...
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Castro Valley
Castro Valley is a census-designated place (CDP) in Alameda County, California, United States. At the 2020 census, it was the fourth most populous unincorporated area in California. The population was 66,441 at the 2020 census. Castro Valley is named after Guillermo Castro (soldier), Guillermo Castro, a noted 19th-century Californio ranchero who owned the land where the community is located. History Before the arrival of European settlers the area was settled by the ''Chochenyo people, Chocheño'' (also spelled ''Chochenyo'' or ''Chocenyo'') subdivision of the Ohlone people, Ohlone Native Americans in the United States, Native Americans. With the arrival of Europeans, they established Mission San José (California), Mission San Jose in 1797. The area Castro Valley now occupies was part of the extensive colony of New Spain in what was the province of Alta California. Castro Valley was part of the original land grant given to Castro in 1840, called Rancho San Lorenzo (Castro), ...
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Redwood City
Redwood City is a city on the San Francisco Peninsula in the Bay Area of Northern California, approximately south of San Francisco and northwest of San Jose. The city's population was 84,292 according to the 2020 census. The Port of Redwood City is the only deepwater port on San Francisco Bay south of San Francisco. Redwood City's history spans its earliest inhabitation by the Ohlone people to being a port for lumber and other goods. The county seat of San Mateo County in the heart of Silicon Valley, Redwood City is home to several global technology companies including Oracle, Electronic Arts, Evernote, Box, and Informatica. According to the United States Census Bureau, the city has an area of , of which is land and , comprising 44.34%, is water. One major watercourse draining much of Redwood City is Redwood Creek, to which several significant river deltas connect, the largest of which is Westpoint Slough. History The earliest known inhabitants of the area that wou ...
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Vacaville
Vacaville is a city located in Solano County, California, United States. It is located from Sacramento, California, Sacramento and from San Francisco, it is on the edge of the Sacramento Valley in Northern California. The city was founded in 1851 and is named after Juan Manuel Vaca. As of the 2020 United States census, 2020 census, Vacaville had a population of 102,386, making it the third-largest city in Solano County. History Prior to European contact, the indigenous Patwin tribe lived in the area with the Ululato tribelet establishing a chiefdom around the Ululato village in what is now downtown Vacaville along the Ulatis Creek. The early settler pioneers of the land were Juan Manuel Cabeza Vaca and Juan Felipe Peña, who were awarded a Mexican land grant in 1842. The same year, Vaca and Peña's families settled in the area of Lagoon Valley. Peña Adobe, Peña's Adobe home is the oldest standing building, built in 1842, now at Peña Adobe Park. Discussions for the sal ...
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Novato
Novato (Spanish for "Novatus") is a city in Marin County, California, United States, situated in the North Bay region of the San Francisco Bay Area. At the 2020 census, Novato had a population of 53,225. History What is now Novato was originally the site of several Coast Miwok villages: Chokecherry, near downtown Novato; Puyuku, near Ignacio; and Olómpali, at the present-day Olompali State Historic Park. Mexican era In 1839, the Mexican government granted the Rancho Novato to Fernando Feliz. The rancho was named after a local Miwok leader who had probably been given the name of Saint Novatus at his baptism. Subsequently, four additional land grants were made in the area: Rancho Corte Madera de Novato, to John Martin in 1839; Rancho San Jose, to Ignacio Pacheco in 1840; Rancho Olómpali, awarded in 1843 to Camilo Ynitia, son of a Coast Miwok chief; and Rancho Nicasio, by far the largest at , awarded to Pablo de la Guerra and John B.R. Cooper in 1844. Post-Conquest ...
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