The orderly transition of power is not confined to the White House. Retail and fashion revealed a host of…
The department store chain is vying for Millennial beauty shoppers who've flocked to speciality retailers and…
Tim Belk, the grandson of the founder of Belk, has been ceo since 2004.
Two seasoned executives take on key roles at the Charlotte, N.C.-based regional department store chain.
Cam Newton's almost-perfect season matches his almost-perfect sartorial style.
Belk sold the business to Sycamore Partners for $68 a share, representing an enterprise value of $3 billion.
The increase in holiday online shopping is causing retailers to shift their seasonal workers to e-commerce.
The company posted a 1.2 percent increase in comparable store sales, and said that its merchandising margins…
Tim Belk will continue as chief executive of the Charlotte, N.C.-based department store.
Sources said the private equity firm is close to a deal to acquire control of the regional department store.
The private equity company is seen in the lead to invest in Belk.
Belk says it's considering options as it begins five-year strategic planning process.