Belk Inc.’s third-quarter loss widened on lower sales.
The Charlotte, N.C.-based firm, the largest privately held U.S. department store, registered a net loss of $23.5 million versus a year-ago loss of $6.9 million. In the three months ended Nov. 1, sales slipped 8.3 percent to $741.4 million from $808.3 million in the 2007 quarter as comparable-store sales fell 9.8 percent.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"