By  on November 20, 2012

Investments in store renovations and relocations at Belk Inc. are continuing to pay off.

The Charlotte, N.C.-based regional department store said third-quarter net income increased to $11.1 million compared to $600,000 in the same prior-year period. Net income excluding noncomparable items increased to $9.8 million compared to $1.4 million in the prior-year period.

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