Advertisement
YOU ARE HERE: LAT HomeCollectionsFixme

Passings | Stuart Moldaw

Founder of Ross off-price chain

June 10, 2008|From Times Staff and Wire Reports

Stuart Moldaw, 81, who founded the Ross Dress for Less retail clothing chain and was a leading philanthropist in the San Francisco Bay Area, died May 24 from cancer in Atherton, Calif.

Moldaw saw a niche in the affordable clothing market and started Ross, now one of the country's leading "off-price" retailers, in the early 1980s. The chain began with six stores in the Bay Area and now has more than 900 locations in 27 states.

He was also a co-founder of U.S. Venture Partners, a Menlo Park, Calif., venture capital firm, and a founding investor in the Gymboree Corp., Pic-A-Dilly and Athletic Shoe Factory.

The son of Russian immigrants, Moldaw was born in Boston and grew up in Massachusetts. He served in the Navy on a troop transport ship during World War II and studied marketing and economics at Syracuse University on the GI Bill. He moved to the San Francisco Bay Area in the mid-1950s and later started his own retail clothing business in Palo Alto.

A leading philanthropist in his later years, Moldaw also served on the boards of the San Francisco Museum of Modern Art, public television station KQED and the San Francisco Ballet.

Advertisement
Los Angeles Times Articles
|
|
|