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.” ...
The Business Journals3d
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.
Retail Dive6y
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 ...
Retail Dive10mon
Macy’s, Belk elect mobile voting for back-to-school merchandising
A new contest from Macy’s and Seventeen magazine as well as a challenge from department store retailer Belk point to mobile polling as a significant factor in driving sales for this year’s ...
mainstreetdailynews2d
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 ...