Dillard’s

Dillard's is a well-established American department store chain known for its diverse offerings in fashion apparel, accessories, cosmetics, and home furnishings. The company was founded in 1938 by William T. Dillard in Nashville, Arkansas. Over the decades, it has grown from a single store into a significant retail force, particularly across the southern, southwestern, and midwestern United States. A pivotal moment in its history occurred during the 1980s and 1990s when Dillard's strategically acquired several regional department store chains. This expansion helped cement its presence in crucial markets and positioned it as a strong competitor in the retail industry.

As of November 2025, Dillard's operates about 274 stores across 29 states, with a notable concentration in Texas, Florida, and other Sun Belt regions. The company is known for being an anchor tenant in regional malls and lifestyle centers, offering a wide range of national brands and exclusive private labels. In addition to its physical locations, Dillard's has developed a robust online presence through its e-commerce platform, dillards.com, which supports an omnichannel shopping experience for its customers.

Headquartered in Little Rock, Arkansas, Dillard's employs approximately 30,400 people. It is publicly traded on the New York Stock Exchange under the ticker symbol DDS, with a market capitalization of around $9.6 billion as of October 2025. For the fiscal year ending January 2025, the company reported annual revenues of $6.8 billion, demonstrating consistent performance in a competitive retail environment. The business remains under family leadership, with William Dillard II serving as CEO. The company focuses on disciplined growth and prudent capital management, with new store openings primarily in established and high-growth markets.

For those in commercial real estate, Dillard's is a noteworthy tenant due to its scale, financial stability, and ability to draw traffic as an anchor in shopping centers. Its store formats vary from full-line department stores to clearance centers, each adapted to meet local market needs and consumer preferences. Dillard's commitment to store renovations and enhancing its omnichannel capabilities highlights its dedication to staying relevant and adaptable in the ever-changing retail landscape.