Dillard's happy with home during 1Q

Little Rock, AR — Home was one of the star performers at Dillard's during the first quarter, ceo Bill Dillard said during the company's investor call this morning. Dillard's reported its second consecutive quarter of noticeable improvement, and gross margin in home improved during the first quarter by 200 basis points.

Dillard noted that the consolidation of home merchandising into one office, a process that began in September 2000, is complete and that the new home merchandising division in Arlington, TX, is now in full operation.

The home department also has stepped up the ratio of private label in its mix, Dillard said. It home brands — Noble Excellence, Nobility and Main Ingredients — now account for 27 percent of the mix vs. 17 percent in last year's first quarter.

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

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HTT Current issue for September 2017

See the September 2017 issue of Home & Textiles Today. In this issue, we look at the Attack of the Killer Third Tier: Monster off-pricers are climbing to the top of the food chain, plus New Products: 40 pages of new products debuting at the New York Home Fashions Market; Home Stores: TJX unveils first U.S. HomeSense store; Clicks to Bricks: Boll & Branch moves from digital to physical retailing; and much more... See details!