Belk Inc wins approval for Chapter 11 bankruptcy
US department store retailer Belk Inc has filed for Chapter 11 bankruptcy and won approval to cut US$450m of its…
Belk Inc
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Retailers begin to outline store reopening plans – Update
Debenhams, Brooks Brothers, and J.Crew Group are among the latest apparel brands and retailers to outline reopening plans after stores and online operations…
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The Limited makes its return, launches plus size
Less than a year after the bankruptcy of its former parent company Limited Stores, women's fashion apparel retailer The Limited…
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Belk reveals US$40m store boost
In a move that bucks the current trend in the US of streamlining traditional bricks-and-mortar portfolios, fashion department store retailer…
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Hot Topic CEO to take over reins at Belk
US department store retailer Belk has appointed Lisa Harper as CEO following the retirement of Tim Belk who spent the…
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Sycamore completes $3bn Belk acquisition
Private equity firm Sycamore Partners has completed its US$3bn acquisition of US fashion department store retailer Belk. The agreement, which…
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US Q2 in brief: Finish Line, Zumiez, Cherokee, Gymboree
Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy…
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Belk acquired by Sycamore Partners
US fashion department store retailer Belk has entered into a merger agreement with private equity firm Sycamore Partners in a…
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US Q1 in brief: Finish Line, Cherokee, Destination Maternity
First-quarter revenue forecasts for US apparel retailers fared far worse than earnings expectations. The Finish Line said it got off…
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Belk FY mixed but “encouraged” by trends
US fashion department store retailer Belk has reported its fifth consecutive year of positive comparable store sales but saw earnings…