Dillard's, Inc. · Little Rock, AR United States ·(NYSE: DDS)

Tradition is trying to catch up with the times at Dillard's. Sandwiched between retail giant Macy's and discount chains, such as Kohl's, Dillard's is being forced to rethink its strategy and trim its store count. The department store chain operates some 315 locations in about 30 states, covering the Sunbelt and the central US. Its stores cater to middle- and upper-middle-income women, selling name-brand and private-label merchandise with a focus on apparel and home furnishings. Women's apparel and accessories account for more than a third of sales. Founded in 1938 by William Dillard, today family members, through the W. D. Company, control nearly all of the company's voting shares and run the company. To read the full description, subscribe now.