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
Belk CEO Don Hendricks called it a “pivotal milestone” for the company’s “sustainable, long-term growth and profitability.” ...
Retail Dive6 年
Belk aligns mobile, in-store efforts to bolster holiday sales
Belk is ramping up its digital and in-store efforts this year with special discounts and a mobile gift-giving application. The department store has added a new app to its roster, letting consumers ...
mainstreetdailynews2 小时
Small sales disappoint Black Friday shoppers
American consumers were expected to spend some $10.8 billion on Black Friday, although more than 70% would be online. That’s almost a 10% increase over 2023, when U.S. shoppers spent $9.8 billion on ...