Belk Deleverages as KKR, Hein Park Take Control
Under the terms of the merger agreement in 2015, New York-based Sycamore Partners acquired 100 percent of Belk in a ...
Belk CEO turns to national brands to boost bottom line
Belk CEO Don Hendricks’ focus on national brands is helping fuel the department-store chain’s turnaround. The Charlotte-based retailer added 183 national brands to its product roster in 2023. Expect ...
In survival mode, Belk cuts debt by nearly $1 billion, gives lenders more control
But Egeln said she’s not surprised by Belk’s financial moves. Other department stores have been closing stores and struggling ...