Is Dillard's recent JV acquisition of Longview Mall a new trend for retail companies?
/Dillard's, with a market capitalization of $8.3 billion, has maximized revenue from its retail operations in a dwindling department store sector.
Its recent JV acquisition of Longview Mall with Trademark Property Company shows the company is looking for new revenue sources. Why not expand its business into real estate, particularly retail real estate, which is closely related to Dillard’s expertise and at the same time ensure the long-term potential of its good store locations?