The closing of Dillard’s department store at Chesterfield Towne Center is expected to have an adverse effect on the supply of such clothing options from designers Espirit, Daniel Cremieux and several other mid-range to economical brands, an analyst said today.
“The loss of Dillard’s is detrimental to folks who rely on Dillard’s for their clothing needs, be it the Juniors department’s G-Unit brand tees or dresses from Soulmates,” said Merrill Lynch retail analyst Nina Cherry. “Indeed, where’s a guy to go if he just wants to get his hands on a $12 hoodie from PX Clothing? How are women supposed to buy $40 slim-fit jeans by Code Bleu or blouses from Judith Hart? It’s going to be retail crisis in Chesterfield.”
Cherry noted that the loss of such brands should be a boon to competing department store JCPenny, where Dillard’s fans can find similar options from the St. John’s Bay and Van Heusen collections.