NYSE:DDSMultiline Retail
Dillard's Refocuses On Existing Stores As Valuation And Earnings Questions Grow
Dillard's is pulling back from opening new stores and focusing on improving existing locations.
The company is responding to weak same store sales and pressure on earnings over the past two years.
This shift raises questions about how Dillard's plans to keep and grow its customer base in a changing retail market.
Dillard's, listed as NYSE:DDS, is adjusting its playbook at a time when its recent sales and earnings have been under pressure. The stock has delivered strong long term returns,...