Search results
Results from the WOW.Com Content Network
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 ...
Dillard's sold 26 stores of the former Mercantile Stores to May Department Stores Co. and Saks Incorporated and traded an additional seven stores to Belk for nine of theirs in southern Virginia and Chattanooga, Tennessee. Overall this deal enabled Dillard's to enhance its position in several markets in the South, Midwest and Mountain states.
J. Bacon's & Sons "Bacon's" , division of Mercantile Stores Company. All locations merged into sister division McAlpin's 1980s, select locations converted to Dillard's 1998 with Dillard purchase of Mercantile and the rest closed. [171] Ben Snyder's (Louisville), was founded in 1913 and later sold to Hess's in 1987.
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
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 ...
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.
Finally, Dillard's comparable-store sales grew by just 1% in first-quarter 2013. The company outperformed on gross margin, which rose from 38.8% to 39.9%, enabling Dillard's to beat the analyst ...