Tag Archives: Belk

Resolutions for 2014

Duke_Ratliff

By Duke Ratliff With holiday shopping (and selling) in the rearview mirror, home furnishings executives can now focus on the year ahead. Here are a few resolutions for the new year that notable individuals and institutions can make to make it a successful 2014. Walmart’s new leaders Doug McMillon and David Cheesewright should resolve toMore »

Last updated: December 20, 2013

At Home with Belk

Belk

The North Carolina-based department store stays focused on its customer base By David Gill This year marks the 125th anniversary in business for Belk Inc., the Southern-region department store chain. The retailer was founded in 1888 by William Henry Belk, and is now headed by his grandsons—Tim, chairman and CEO; and John, president and chiefMore »

Last updated: December 2, 2013

Belk Net Drops, Sales Up in Q3

Belk

CHARLOTTE, N.C.–The cost of strategic initiatives caused Belk’s net income for the third quarter to drop 67 percent. Sales increased 2.8 percent in the period ending Nov. 2. Net income for the third quarter was $3.6 million, compared to $11.1 million for the same prior-year period. Net income excluding non-comparable items was $4.6 million forMore »

Last updated: November 25, 2013

Vietri to Open Third Belk Boutique

Vietri

HILLSBOROUGH, N.C.–Vietri will open its third boutique at Belk, in Dogwood Festival Market and Promenade in Flowood, Miss. on Oct. 2. The boutique will showcase Vietri’s tabletop collections, garden, home, and wall decor. “We began our partnership with Belk over a decade ago. As Vietri is based in Hillsborough, N.C., we are pleased to haveMore »

Last updated: September 26, 2013

Belk Q2 Net Climbs 11.3 Percent

Belk

CHARLOTTE, N.C.-An uptick in sales and a watchful eye on expenses propelled Belk to a healthy 11.3 percent increase in net income in its fiscal second quarter, to $30.5 million. Net sales rose 3.6 percent to $899.5 million, which included a same-store sales gain of 3.2 percent. According to a statement from the department-store retailer,More »

Last updated: September 5, 2013

Vietri to Christen its New Belk Boutique

The new boutique

CHARLOTTE, N.C.–Tabletop company Vietri will cut the ribbon tomorrow on its second Belk boutique, on the first floor of the retailer’s SouthPark Mall store here. The 10 a.m. ribbon-cutting ceremony will be attended by one of Vietri’s founders, Frances Gravely, along with other Vietri and Belk corporate representatives. The boutique will showcase the largest selectionMore »

Last updated: June 26, 2013