Business & Tech

Clothing Retailer Moving Into Former Circuit City Location

Ross Dress for Less plans to spend $800,000 on improving the space.

The retail space that once was home to Circuit City in Oswego has a new tenant.

Discount clothing retailer Ross Dress for Less has signed a lease agreement with Inland Western Retail Real Estate Trust to locate its 13th Chicago-area store in the space that has sat virtually empty since Circuit City closed its doors in 2009, according to Inland.

Crain’s Chicago Business reported in December that the 23,000-square-foot space will undergo $800,0000 in construction improvements.

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The chain is one of the largest discount retailers in the country, with more than 1,000 stores in 27 states, according to the Ross website. Ross opened 12 stores in the Chicago suburbs last fall, creating about 600 jobs.

The closest location to Oswego is on Route 59 in Naperville in the same shopping center as Jo-Ann Fabric and Burlington Coat Factory. Ross also opened in Algonquin, Arlington Heights, Bloomingdale, Crystal Lake, Matteson, Niles, Orland Park, Rockford, Schaumburg, Skokie and South Elgin.

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Ross will open another store in Gurnee in conjunction with the Oswego opening.

“Ross Dress for Less will be a strong addition to these two high-quality assets,” said Maria Pope Toliopoulos, vice president and director of leasing for Inland Western. “We are pleased to expand our long-standing relationship with a great retail partner and welcome Ross Dress for Less to these two new locations.”   

Headquartered in Pleasanton, CA, Ross had fiscal 2010 revenues of $7.9 billion, according to its website. The stores offer name brand and designer apparel, accessories, footwear and home décor at savings of 20 percent to 60 percent off department and specialty store regular prices.


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