Exhibit 99

              Dillard's, Inc. Reports June Sales Results

    LITTLE ROCK, Ark.--(BUSINESS WIRE)--July 7, 2005--Dillard's, Inc.
(NYSE:DDS) ("Dillard's" or the "Company") announced today that sales
for the five weeks ended July 2, 2005 were $630,340,000 compared to
sales for the five weeks ended July 3, 2004 of $630,271,000. Sales for
the five-week period were flat on a percentage basis for both total
and comparable stores.
    Sales for the 22 weeks ended July 2, 2005 were $2,952,304,000
compared to sales for the 22 weeks ended July 3, 2004 of
$2,996,079,000. Total sales decreased 1% for the 22-week period. Sales
in comparable stores decreased 2% for the 22-week period.
    During the five weeks ended July 2, 2005, sales were above the
average Company trend in the Eastern region. Sales were slightly above
trend in the Western region and slightly below trend in the Central
region.
    During the five weeks ended July 2, 2005, sales of lingerie,
accessories and shoes significantly exceeded the Company's average
sales performance. Sales of furniture, decorative home merchandise,
and women's and children's apparel were significantly below trend for
the period.

    Dillard's, Inc. is one of the nation's largest fashion apparel and
home furnishing retailers. The Company's stores operate with one name,
Dillard's, and span 29 states. Dillard's stores offer a broad
selection of merchandise, including products sourced and marketed
under Dillard's exclusive brand names.

    CONTACT: Dillard's Inc., Little Rock
             Julie J. Bull, 501-376-5965