Full Description

Dillard's, Inc., incorporated in 1964, is engaged in apparel and home furnishing retail business. As of January 31, 2009, the Company operated 315 Dillard’s stores offering a range of merchandise, including fashion apparel for women, men and children, accessories, cosmetics, home furnishings and other consumer goods. Its merchandise selections include, but are not limited to, Dillard’s lines of brand merchandise, such as Antonio Melani, Gianni Bini, Roundtree & Yorke and Daniel Cremieux. The Company also operates a general contracting construction company based in Little Rock, Arkansas. On August 29, 2008, the Company purchased the remaining interest in CDI Contractors, LLC and CDI Contractors, Inc., a former 50% equity method joint venture investment of the Company.

The stores of the Company are located in suburban shopping malls. The Company’s customers can purchase merchandise online at its Website, www.dillards.com, which features online gift registries and a variety of other services. The Company operates retail department stores located primarily in the southwest, southeast and midwest regions of the United States. The stores are located in 29 states, with 51 stores located in the western region, 119 stores in the eastern region and 145 stores in the central region.

As of January 31, 2009, the Company operated six regional distribution facilities and one Internet fulfillment center. Certain departments in its stores are licensed to independent companies in order to provide service and merchandise. The licensed departments vary by store to complement its own merchandising departments. The principal licensed departments are fine jewelry and women’s apparel vendor in certain stores.