Dillard's is the latest retailer to be impacted by the lackluster consumer climate. On Thursday, the Little Rock, Ark.-based department store reported declines in net income, total sales and comparable-store sales.

Dillard's (NYSE:DDS) reported total retail sales decreased 4% for the 13-week period that ended on November 2. Sales in comparable stores for that same period decreased 4%. Cosmetics was the strongest performing merchandise category,