Activist Investor Eyes Dillard’s Real Estate
As Dillard’s Inc. struggles through its eighth consecutive quarter of same-store sales decreases, an activist investor hopes to use the retailer’s real estate to boost its stock price. read more >
As Dillard’s Inc. struggles through its eighth consecutive quarter of same-store sales decreases, an activist investor hopes to use the retailer’s real estate to boost its stock price. read more >
Dillard’s Inc. announced Aug. 17 that its board of directors had approved raising its quarterly cash dividend from 7 cents per share to 10 cents, the highest in company history. read more >
Wal-Mart's bid for Bonobos is the latest step in the company's attempt to recover lost ground against Amazon and others in the growing online fashion world, analysts say. read more >
Holiday spending is expected to increase this year, which should be welcome news for Dillard’s Inc. The Little Rock retail chain has seen five straight quarters of same-store sales decreases. read more >
Retail watchers have mixed feelings about whether Wal-Mart Stores’ $3.3 billion purchase of Jet.com of Hoboken, New Jersey, will be the spark the Bentonville retailer needs to boost its online sales. read more >
Reactions were swift to Wal-Mart’s recent announcement that it will promptly close 269 stores, including all 102 experimental Walmart Express locations. read more >
For Wal-Mart’s annual revenue to grow by just 1 percent, the retailer would need to add the revenue of a Fortune 500 company. But some retail watchers wonder whether Wal-Mart’s massive size has made it too big to manage. read more >
Marcato Capital Management LP of San Francisco, which owns 4.9 percent of Dillard’s Inc. stock, said in a news release last month that it wants the company to create a stand-alone real estate investment trust for its assets. read more >
Mark Friedman's cover story this week examining Wal-Mart Stores Inc.'s push into financial services happens to coincide with a Wall Street Journal report on one aspect of Wal-Mart's financial services arsenal: allowing independent banks to lease space inside Wal-Mart's Supercenters. read more >
When Wal-Mart Stores Inc. abandoned its plans to own a bank operation in 2007, it didn’t shelve the idea of offering financial services. Last month, the Bentonville retailer unveiled its latest entry into the financial services arena by offering customers a cheaper way to transfer money to any of its 4,200 Wal-Mart stores in the United States. read more >
As Dillard's Inc. continues its turnaround, retail experts think the department store can extend its streak of 12 straight quarters of positive same-store sales into the holiday season. "They got their course under control," analyst Howard Davidowitz says. "They’re executing beautifully, which means more sales and more margins." read more >
The continued strong earnings performance of Dillard’s Inc. resulted in recent credit ratings increases from Standard & Poor’s Rating Service and Moody’s Investors Services. read more >
The future looks bright for continued sales growth for the retail chain, which has more than 4,400 stores in the Unites States and more than 5,600 locations scattered across 26 countries. read more >
