Retail Watch: Dillard's Forming REIT To Own Its 50 Mil. SF of ...

Dillard's Inc. intends to form a wholly owned subsidiary that will seek to operate as a real estate investment trust (REIT). Dillard's said it believes the formation of a REIT may enhance its ability to access debt or preferred... ... Also This Week: JCPenney Closing 26 Stores and 3 Operational Centers; Wendy's/Arby's Group Looking To Unload the Arby's Portion; Chanticleer Holdings Acquires Hooters of America; and Cost Plus Closing Four Locations. By Mark Heschmeyer ...

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