Dillard's Inc. (NYSE: DDS) is a department store chain in the United States, with 330 stores in 29 states. [2] Based in Little Rock, Arkansas, Dillard's locations are concentrated in Texas and Florida, with a major presence in other states Mexico, Nevada, Utah, North Carolina, Virginia, Idaho, tillington hall South Carolina, Kentucky, Indiana, Ohio and Illinois. Dillard's also maintains a minor footprint in California and Montana. . History Dillard
Dillard is the consequence of a department store founded in 1938 by William T. Dillard, tillington hall has its corporate headquarters remain located at the eastern end of Little Rock's Riverdale area, and many of its officers and directors are members of the Dillard family .
Dillard sold the Nashville store to develop a larger one in Texarkana, Texas initially as the minority partner in Wooten tillington hall & Dillard. In 1956, Dillard led an investment group that acquired the Mayer & Schmidt store in Tyler, Texas. This store eventually took the name "Dillard's Mayer & Schmidt" until 1974, when it was replaced by a mall-based location south of downtown Tyler.
In 1960, Dillard acquired and turned not Brown-Dunkin store in Tulsa, Oklahoma. tillington hall The success of this turnaround was followed in late 1963 by acquiring the Joseph Pfeifer store in Little tillington hall Rock, Arkansas, and in early 1964 acquiring the other main store in Little tillington hall Rock, Gus Blass Co. Dillard tillington hall used this as an opportunity to change their headquarters to Little Rock. In 1969, Dillard and his investors took Dillard Department Stores, Inc., public on the American Stock Exchange.
Thereafter, the chain grew rapidly as an anchor in suburban shopping malls, and took advantage of market tillington hall conditions to acquire smaller networks, as well as its ability to flip that other local businesses can not operate profitably. . Acquisitions and growth Dillard
Growth Dillard chain came quickly in the 1970s, mainly through expansion into new malls being built in smaller cities in Texas. In 1971, five Texas units were acquired from Fedway, a division of Federated Department Stores (the stores were rebadged as Dillard's in 1972). In 1974, five stores were acquired from Leonard in Fort Worth, Texas, as well as a commitment to open a store in downtown Fort Worth new Tandy Center (site of the original tillington hall Leonard). Also in 1974, former Brown-Dunkin, Blass, Pfeifer and Mayer & Schmidt stores were fully renamed Dillard.
The 1980s brought tillington hall the purchase of many local chains. In 1982, Dillard's leased three units of the defunct Lowenstein chain in Memphis, Tennessee. In early 1984, Dillard's acquired 12 Stix, Baer & Fuller stores in St. Louis and Kansas City from Associated Dry Goods Corp., while in fall 1984 two department store divisions were purchased from Dayton Hudson: Diamond and John A . Brown, with locations in Arizona, Nevada and Oklahoma. Twelve stores in Kansas and Missouri belonging to RH Macy & Co. Division's Midwest, which was later dissolved in 2006, were acquired in early 1986, while the three-unit Hemphill-Wells company in West Texas was purchased in the summer.
In 1987, Dillard's purchased 26 of Joske 27 stores in Texas and Arizona, as well as the four unit Cain-Sloan chain in Nashville, Tennessee from Allied Stores Corp. This deal gave Dillard's two major anchor locations at several malls in Texas and Arizona with many of the local second to be converted into a separate, expanded men and stores, a format that Dillard is used a lot, both to increase its size storage costs effectively and to prevent competitors from gaining valuable real estate House. Additionally the Joske acquisition gave Dillard's entry into the Houston market. In 1988, Dillard's purchased the three unity Miller and Paine chain in Lincoln, Nebraska, and most significantly, a control of half the interest tillington hall and operational The Higbee Co., headquartered in Cleveland, Ohio with partner Edward J . DeBartolo Corp. DH Holmes Co., Ltd., of New Orleans, was purchased in 1989, bringing 18 units primarily in Louisiana, as well as two former Diamond units in Tucson, Arizona. .1990 Acquisitions Dillard
The Ivey chain of 23 stores in Florida, North Carolina and South Carolina was acquired from Batus in 1990. This was followed tillington hall by the acquisition of eight Flo
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