Arkansas Blog

Let's hope Roby is correct; that Dillard's recovers and thrives in the years ahead. Thousands of jobs across the country (2,500 of them in Little Rock) depend on it.

Since Dillards reminds me of a funeral parlor (has for more then the last twenty years)... I wonder if they shouldn't consider opening up a casket and all the fixens department. I hear the profit margins are incredible.. and it could only liven up the place.

I hope no one is surprised that retail is having a massive shake out.

Think back 10 years. How many people were there in Arkansas and how many stores?

The number of people has grown slightly but total square footage of retail has exploded!

I expect the next market segment to implode will be restaurants.

Think back 10 years.....

I expect the next market segment to implode will be restaurants.

Think back 10 years.....<<<

This is true. We're only in the beginnings of a depression. How many businesses closed in 1929?

Not many other than some brokerage houses. It was the following two years when the failures began to flow like water downhill.

There was a long article last week on the decline of meals eaten out. Sorry I forgot the local paper which printed it. The Pizza places in Fayetteville Springdale are laying off a few workers.
Seems WalMart's ready to bake pizzas are getting popular.

So far the finance, building, and auto industry are in trouble. Later it will be all those related to the core three.

Of course WalMart will come out of it with a larger market share. Dillard's is not designed for a slow, downward economy. WalMart relies upon basics. They began that way and will end up being successful that way.
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Dillards is dead store walking. Declaring a dividend when you lose 56 million..now that makes sense!
Another example of company executives not getting it! Just like the car manufacturers...move your headquarters from union infested area, elimnate tv advertising..we know where to find northpoint, cutback on lines and model options, stop paying tiger woods 8 million just to play round with him. How about a serious shareholder and public revolt against these stuffed executives.