Sycamore Partners has agreed to recapitalize and retain majority control of Belk, a Charlotte, North Carolina-based retailer. Belk has secured financing commitments of $225 million from Sycamore ...

CHARLOTTE, N.C.--(BUSINESS WIRE)--Belk, Inc. (“Belk” or the “Company”), a leading department store with nearly 300 stores across the Southeastern United States, today announced its new Board of ...

Weeks after Target drew large crowds to The Grove at Wesley Chapel, another major retailer is on the way: Belk. The longtime department store chain, located primarily in the Southeast, has signed a ...

Belk Inc. is the latest department store to go bankrupt. The Charlotte, N.C.-based company has filed today for Chapter 11 protection in Houston bankruptcy court. However, unlike some proceedings ...

Conn’s, Inc. and Belk recently announced a strategic partnership to pilot a store-within-a-store concept in select Belk locations and online at Belk.com beginning later this summer. The new store ...

It seems like the only way to shop right now is if you’re buying on super sale. I mean, what’s the point of paying full price when you can save at a fraction of the cost? From the Nordstrom ...

Belk now offers same-day delivery for orders placed on Belk.com before 2 p.m. ET, the company announced on Tuesday. When customers order goods through the website and select "Same Day Delivery" at ...

At least four vendors from the home furnishings sector who sell to the Belk department store company say they are not being paid — or are being paid very slowly — for their outstanding invoices. They ...

Belk is staffing up ahead of the holidays with more than 6,000 jobs in a variety of roles to be filled. Here's how to apply. With the first stage of the state's three-phase plan to resume business and ...

Century-old department store chain Belk Inc. said it would file for bankruptcy with a deal in hand with its lenders and private-equity owner Sycamore Partners to cut $450 million in debt through a ...

UPDATE: January 27, 2021: Sycamore Partners later on Tuesday announced that Belk will restructure under Chapter 11 bankruptcy. The department store has entered into a restructuring support agreement ...

Belk is targeting children as young as 2 with transgender pride merchandise. Until Tuesday, the department store chain’s website was selling a boys’ T-shirt that displayed the words, "So happy to be ...