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For investors, backing Dillard’s hasn’t involved many sacrifices lately. Since January 2021, Dillard’s shares have risen 604%, compared with the S&P 500’s 57% increase, and they remain ...
D. H. Holmes (New Orleans), purchased by Dillard's in 1989; Krauss, 1903–1997; Maison Blanche (New Orleans), last operated under that name by Mercantile Stores Co. Remaining Maison Blanche stores converted to Dillard's in 1998. The Palace (Monroe) Palais Royal (Shreveport), purchased by Wellan's of Alexandria 1985. Rebranded and later closed.
For the second quarter, Dillard's brought in $1.48 billion in net sales, a slight decrease from the $1.488 billion earned in the year-ago quarter. When looking solely at merchandise, though, sales ...
After the acquisition of Mercantile, Dillard's ceased expanding through acquisitions, although eight locations of the defunct Montgomery Ward in the Midwest, and four locations from ZCMI in Utah and Idaho were acquired in 2001, when stores opened at Chandler Fashion Center in Chandler, Arizona, The Mall at Stonecrest in Lithonia, Georgia, The Mall at Wellington Green in Wellington, Florida ...
Dillard's-Gayfer's transition logo In 1998, Mercantile Stores was purchased by Dillard's, Inc., and the stores that were not closed or sold to other retailers were converted to Dillard's, which ceased expanding through acquisitions after this happened.
Mercantile Stores Company Inc. until 1998, was a traditional department store retailer operating 102 fashion apparel stores and 16 home fashion stores in 17 states. The stores were operated under 13 different nameplates and varied in size, with the average store approximating 170,000 sq ft (16,000 m 2 ).
Most locations became Dillard's when the Mercantile Stores chain was sold in 1998 for $2.9 billion (~$5.06 billion in 2023); some J. B. White locations in overlapping areas became Belk. [3] [4] [5] The defunct Augusta, Georgia store on Broad Street was purchased in June 2007 to be converted into condominiums
The chain was acquired by Mercantile Stores in the 1970s and headquarters moved to Billings in 1980. The Hennessy's chain closed the Butte store in February 1980 after years of difficult business. In 1998 Dillard's acquired Mercantile Stores and the Hennessy's brand was dropped in favor of Dillard's. At this time Hennessy's operated three ...