![]() ĭillard's in 1988 acquired the former Selber Bros. That same year, Dillard's co-founded CDI Contractors, a construction company that would help build, remodel, and repair most of its locations, with William "Bill" Clark and Braggs Electric Construction Company. Additionally, the Joske's acquisition gave Dillard's entry into the Houston market. This deal gave Dillard's two major anchor locations at several malls in Texas and Arizona with many of the second locations being converted to a separate, expanded home and men's stores, a format that Dillard's utilized greatly, both to grow its store size cost-effectively and to prevent competitors from gaining valuable real estate. In 1987, Dillard's purchased 26 of Joske's 27 stores in Texas and Arizona as well as the four-unit Cain-Sloan chain in Nashville, Tennessee, from Allied Stores Corp. The stores at Sunset Mall in San Angelo and South Plains Mall in Lubbock were both converted, while the third in downtown Lubbock was closed. Macy & Co.'s Midwest Division, 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. Twelve stores in Kansas and Missouri belonging to R. Brown, with locations in Arizona, Nevada and Oklahoma. Louis and Kansas City from Associated Dry Goods Corp., while in fall 1984 two department store divisions were purchased from Dayton-Hudson Corporation: Diamond's and John A. ![]() In early 1984, Dillard's acquired 12 Stix, Baer & Fuller stores in St. In 1982, Dillard's leased three units of the defunct Lowenstein's chain in Memphis, Tennessee. The 1980s brought the purchase of many local chains. Also in 1974, the former Brown-Dunkin, Blass, Pfeifer and Mayer & Schmidt stores were fully renamed Dillard's. In 1974, five Leonard's stores were acquired in Fort Worth, Texas, as well as a commitment to open a new downtown Fort Worth store at the Tandy Center (site of the original Leonard's). In 1971 five Texas units were acquired from Fedway, a division of Federated Department Stores (the stores were rebadged as Dillard's in 1972). Expansion of the Dillard's chain increased rapidly during the 1970s, mainly through expanding into new malls being built in smaller cities in Texas. Thereafter, the chain expanded rapidly as an anchor in suburban shopping malls, and took advantage of market conditions to acquire smaller chains as well as its ability to turn around locations that other companies could not operate profitably. Interior of a now-relocated Dillard's store, at Four Seasons Town Centre, Greensboro, North Carolina In 1969, Dillard and his investors took Dillard Department Stores, Inc., public on the American Stock Exchange. Dillard used this as an opportunity to relocate his headquarters to Little Rock. The success of this turnaround was followed in late 1963 by acquiring the Joseph Pfeifer store in Little Rock, Arkansas, and in early 1964 acquiring the other main store in Little Rock, Gus Blass Co. In 1960, Dillard acquired and turned around the failing Brown-Duncan store in Tulsa, Oklahoma. This store eventually took on the name "Dillard's Mayer & Schmidt" until 1974, when it was replaced with a mall-based location south of downtown Tyler. In 1956, Dillard led an investment group that acquired the Mayer & Schmidt store in Tyler, Texas. Dillard sold the original five and dime store in Nashville, Arkansas, to develop a department store in Texarkana, Arkansas, initially as the minority partner in Wooten & Dillard. The building that housed the original store was torn down in the early 2000s. It was located across the street from the community's Methodist church. ĭillard began his first store in Mineral Springs, Arkansas, in what was locally known as "the tater house". The family retains control of the company through its ownership of Class B Common Stock the Class A common stock is publicly traded on the New York Stock Exchange. Dillard its corporate headquarters remain located at the eastern edge of Little Rock's Riverdale area and many of its executives and directors are members of the Dillard family. Operations during 20th century Early history ĭillard's is the outgrowth of a department store founded in 1938 by William T. The company also has stores in 27 more states however, it is absent from the Northeast (Washington, D.C., and northward), most of the Upper Midwest ( Michigan, Wisconsin, Minnesota), the Northwest, and most of California, aside from three stores. Currently, the largest number of stores are located in Texas with 57 and Florida with 42. ![]() is an upscale American department store chain with approximately 282 stores in 29 states and headquartered in Little Rock, Arkansas. ![]()
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