Ross Stores, Inc., Partners with BGCA to Promote Academic Success for
Young People
Pleasanton, Calif. – June 18, 2009 – Ross Stores, Inc., the nation’s
second largest off-price retailer, today announced its national
sponsorship of Boys & Girls Clubs of America’s (BGCA) Power Hour, an
interactive after-school homework assistance program for members, ages
six to 18.
As a part of this partnership, Ross Stores will underwrite the
implementation of select Power Hour at Boys & Girls Clubs across the
country. Ross Stores also will support local Clubs at some of the grand
opening events of its Ross Dress for Less and dd’s DISCOUNTS stores, and
encourage employee volunteerism at Clubs.
“Ross Stores is committed to giving back to the communities we serve,
and we cannot think of a better way to support the families in these
neighborhoods than by helping their children achieve academic success,”
said Michael Balmuth, vice chairman, president and CEO of Ross Stores.
“Through the Power Hour program, youth can develop the study skills and
homework habits they need to excel academically and graduate from high
school.”
According to a recent study by the Bill and Melinda Gates Foundation,
nearly one third of all public high school students fail to graduate
with their class, resulting in more than one million high school
dropouts every year. Today, youth are confronted with tremendous
challenges, especially those from disadvantaged circumstances. A key to
breaking this cycle and bridging the “achievement gap” is early
intervention through educational programs like Power Hour.
Through programs like Power Hour, Club staff encourages a positive
attitude about learning, offer academic enrichment and opportunities to
build skills needed to be successful in school and set high expectations
for young people to achieve. The program also provides recognition,
while emphasizing the importance of high school graduation.
“A program like Power Hour lays the foundation for closing the academic
achievement gap,” said BGCA President and CEO Roxanne Spillett. “Without
the necessary study skills and discipline provided by Power Hour, it’s
very difficult for a young person to achieve academic success and more
importantly, ensure future workforce preparedness. We would like to
thank Ross Stores for sponsoring this essential program and for their
dedication to youth in communities nationwide.”
About Ross Stores
Ross Stores, Inc., a Fortune 500 and Nasdaq 100 (ROST) company
headquartered in Pleasanton, Calif., is the nation’s second largest
off-price retailer with fiscal 2008 revenues of $6.5 billion. As of May
2, 2009, the Company operated 922 Ross Dress for Less® (“Ross”) stores
and 52 dd’s DISCOUNTS® locations. Ross offers first-quality, in-season,
name brand and designer apparel, accessories, footwear and home fashions
for the entire family at everyday savings of 20 to 60 percent off
department and specialty store regular prices. dd’s DISCOUNTS features a
more moderately-priced assortment of first-quality, in-season, name
brand apparel, accessories, footwear and home fashions for the entire
family at everyday savings of 20 to 70 percent off moderate department
and discount store regular prices. Additional information is available
at www.rossstores.com.
About Boys & Girls Clubs of America
For more than 100 years, Boys & Girls Clubs of America (www.bgca.org)
has helped kids “BE GREAT,” providing hope and opportunity for those who
need it most. Today, more than 4,300 Clubs serve some 4.5 million young
people through Club membership and community outreach. Known as The
Positive Place for Kids, Boys & Girls Clubs can be found throughout the
country and on U.S. military bases worldwide, providing young people
6-18 years old with guidance-oriented character development programs
conducted by trained, professional staff. Clubs positively impact lives
and help young people reach their full potential as productive, caring
citizens. Key programs emphasize leadership development; education and
career exploration; community service; technology training; financial
literacy; health and life skills; the arts; sports, fitness and
recreation; and family outreach. In a recent Harris Survey of Club
alumni, 57 percent said the Club saved their lives. National
headquarters are located in Atlanta.
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