Dillard's, Inc. announced on August 25, 2025, that it has teamed up with mixed-use developer Trademark Property Co. to acquire the Longview Mall in Texas. The mall spans 646,000 square feet and is located approximately two hours east of Dallas.
This acquisition represents a significant real estate investment for Dillard's, allowing the company to gain greater control over the retail environment of one of its key locations. This strategic move contrasts with the broader trend of department stores divesting from mall properties.
By acquiring the mall, Dillard's can implement its vision for the property, potentially optimizing the tenant mix and overall shopping experience. This investment underscores Dillard's commitment to its physical retail footprint and its strategy to evolve its business model.
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