Ross Stores Inc. ROST under CEO Michael Balmuth
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THE HEXAGRAM
HEXAGRAM 09 – Hsiao Ch’u – The Taming Power of the Small
Above SUN THE GENTLE, WIND
Below CH’IEN THE CREATIVE. HEAVEN
This hexagram means the force of the small – the power of the shadowy – that restrains, tames, impedes. A weak line in the fourth place, that of the minister, 1 holds the five strong lines in check. In the Image it is the wind blowing across the sky. The wind restrains the clouds, the rising breath of the Creative, and makes them grow dense, but as yet is not strong enough to turn them to rain.
The hexagram presents a configuration of circumstances in which a strong element is temporarily held in leash by a weak element. It is only through gentleness that this can have a successful outcome.
THE JUDGMENT
THE TAMING POWER, OF THE SMALL
Has success.
Dense clouds, no rain from our western region.
This image refers to the state of affairs in China at the time when King Wen, who came originally from the west, was in the east at the court of the reigning tyrant Chou Hsin. The moment for action on a large scale has not yet arrived. King Wen could only keep the tyrant somewhat in check by friendly persuasion. Hence the image of many clouds, promising moisture and blessing to the land, although as yet no rain falls. The situation is not unfavorable; there is a prospect of ultimate success, but there are still obstacles in the way, and we can merely take preparatory measures.
Only through the small means of friendly persuasion can we exert any influence. The time has not yet come for sweeping measures. However, we may be able, to a limited extent, to act as a restraining and subduing influence. To carry out our purpose we need firm determination within and gentleness and adaptability in external relations.
THE IMAGE
The wind drives across heaven: The image of THE TAMING POWER OF THE SMALL.
Thus the superior man
Refines the outward aspect of his nature.
The wind can indeed drive the clouds together in the sky; yet, being nothing but air, without solid body, it does not produce great or lasting effects. So also an individual, in times when he can produce no great effect in the outer world, can do nothing except refine the expression of his nature in small ways.
THE LINES
Nine in the fifth place means:
If you are sincere and loyally attached,
You are rich in your neighbor.
Loyalty leads to firm ties because it means that each partner complements the other. In the weaker person loyalty consists in devotion, in the stronger it consists in trustworthiness. This relation of mutual reinforcement leads to a true wealth that is all the more apparent because it is not selfishly hoarded but is shared with friends. Pleasure shared is pleasure doubled.
THE MOVING HEXAGRAM
HEXAGRAM 26 – Ta Ch’u – The Taming Power of the Great
Above KEN KEEPING STILL, MOUNTAIN
Below CH’IEN THE CREATIVE, HEAVEN
The Creative is tamed by Ken, Keeping Still. This produces great power, a situation in contrast to that of the ninth hexagram, Hsiao Ch’u, THE TAMING POWER OF THE SMALL, in which the Creative is tamed by the Gentle alone. There one weak line must tame five strong lines, but here four strong lines are restrained by two weak lines; in addition to a minister, there is a prince, and the restraining power therefore is far stronger.
The hexagram has a threefold meaning, expressing different aspects of the concept Holding firm. Heaven within the mountain gives the idea of holding firm in the sense of holding together; the trigram Ken, which holds the trigram Ch’ien still, gives the idea of holding firm in the sense of holding back; the third idea is that of holding firm in the sense of caring for and nourishing. This last is suggested by the fact that a strong line at the top, which is the ruler of the hexagram, is honored and tended as a sage. The third of these meanings also attaches specifically to this strong line at the top, which represents the sage.
THE JUDGMENT
THE TAMING POWER OF THE GREAT.
Perseverance furthers.
Not eating at home brings good fortune.
It furthers one to cross the great water.
To hold firmly to great creative powers and store them up, as set forth in this hexagram, there is need of a strong, clearheaded man who is honored by the ruler. The trigram Ch’ien points to strong creative power; Ken indicates firmness and truth. Both point to light and clarity and to the daily renewal of character. Only through such daily self-renewal can a man continue at the height of his powers. Force of habit helps to keep order in quiet times; but in periods when there is a great storing up of energy, everything depends on the power of the personality. However, since the worthy are honored, as in the case of the strong personality entrusted with leadership by the ruler, it is an advantage not to eat at home but rather to earn one’s bread by entering upon public office. Such a man is in harmony with heaven; therefore even great and difficult undertakings, such as crossing the great water, succeed.
THE IMAGE
Heaven within the mountain:
The image of THE TAMING POWER OF THE GREAT.
Thus the superior man acquaints himself with many sayings of antiquity
And many deeds of the past, In order to strengthen his character thereby.
Heaven within the mountain points to hidden treasures. In the words and deeds of the past there lies hidden a treasure that men may use to strengthen and elevate their own characters. The way to study the past is not to confine oneself to mere knowledge of history but, through application of this knowledge, to give actuality to the past.
Ross Stores Inc.
4440 Rosewood Drive
Pleasanton, CA 94588-3050
United States – Map
Phone: 925-965-4400
Fax: 510-505-4174
Website: http://www.rossstores.com
Details
Index Membership: Nasdaq 100
Sector: Services
Industry: Apparel Stores
Full Time Employees: 13,300
Mr. Michael Balmuth , 60, Vice Chairman and Chief Exec. Officer
Business Summary
Ross Stores, Inc., together with its subsidiaries, operates two chains of off-price retail apparel and home accessories stores in the United States. Its stores offer branded and designer apparel, accessories, footwear, and home fashions, as well as gift items, linens, and other home-related merchandise. The companys merchandise offerings also comprise product categories, such as small furniture and furniture accents, educational toys and games, luggage, gourmet food and cookware, watches, and sporting goods, as well as fine jewelry in selected Ross stores. As of January 30, 2010, it operated 1,005 stores, including 953 Ross Dress for Less (Ross) locations in 27 states and Guam, and 52 dds DISCOUNTS stores in 4 states. The company was founded in 1957 and is headquartered in Pleasanton, California.
