Dillard's 2012 Annual Report Download - page 7

We purchase merchandise from many sources and do not believe that we are dependent on any
one supplier. We have no long-term purchase commitments or arrangements with any of our suppliers
and consider our relationships to be strong and mutually beneficial.
Our fiscal year ends on the Saturday nearest January 31 of each year. Fiscal year 2012 ended on
February 2, 2013 and included 53 weeks, and fiscal years 2011 and 2010 ended on January 28, 2012 and
January 29, 2011, respectively, and each included 52 weeks.
The information contained on our website is not incorporated by reference into this Form 10-K
and should not be considered to be a part of this Form 10-K. Our annual report on Form 10-K,
quarterly reports on Form 10-Q, current reports on Form 8-K, statements of changes in beneficial
ownership of securities on Form 4 and amendments to those reports filed or furnished pursuant to
Section 13(a) or 15(d) of the Exchange Act are available free of charge (as soon as reasonably
practicable after we electronically file such material with, or furnish it to, the SEC) on the
Dillard’s, Inc. website: www.dillards.com.
We have adopted a Code of Conduct and Corporate Governance Guidelines, as required by the
listing standards of the New York Stock Exchange and the rules of the SEC. We have posted on our
website our Code of Conduct, Corporate Governance Guidelines, Social Accountability Policy, our most
recent Social Accountability Report and committee charters for the Audit Committee of the Board of
Directors and the Stock Option and Executive Compensation Committee.
Our corporate offices are located at 1600 Cantrell Road, Little Rock, Arkansas 72201,
telephone: [phone].
ITEM 1A. RISK FACTORS.
The risks described in this Item 1A, Risk Factors, of this Annual Report on Form 10-K for the
year ended February 2, 2013, could materially and adversely affect our business, financial condition and
results of operations.
The Company cautions that forward-looking statements, as such term is defined in the Private
Securities Litigation Reform Act of 1995, contained in this Annual Report on Form 10-K are based on
estimates, projections, beliefs and assumptions of management at the time of such statements and are
not guarantees of future performance. The Company disclaims any obligation to update or revise any
forward-looking statements based on the occurrence of future events, the receipt of new information,
or otherwise. Forward-looking statements of the Company involve risks and uncertainties and are
subject to change based on various important factors. Actual future performance, outcomes and results
may differ materially from those expressed in forward-looking statements made by the Company and its
management as a result of a number of risks, uncertainties and assumptions.
The retail merchandise business is highly competitive, and that competition could lower our revenues, margins
and market share.
We conduct our retail merchandise business under highly competitive conditions. Competition is
characterized by many factors including location, reputation, fashion, merchandise assortment,
advertising, operating efficiency, price, quality, customer service and credit availability. We have
numerous competitors nationally, locally and on the Internet, including conventional department stores,
specialty retailers, off-price and discount stores, boutiques, mass merchants, Internet and mail-order
retailers. Although we are a large regional department store, some of our competitors are larger than
us with greater financial resources and, as a result, may be able to devote greater resources to sourcing,
promoting and selling their products. Additionally, we compete in certain markets with a substantial
number of retailers that specialize in one or more types of merchandise that we sell. In recent years,
competition has intensified as a result of reduced discretionary consumer spending, increased
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