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Private
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All For You!
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1888 ( Monroe, North Carolina , USA )
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Charlotte, North Carolina , USA
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Retail
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Clothing, footwear, bedding, furniture, jewelry, beauty products, and housewares
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, headquartered in
Charlotte, North Carolina , is the
United States ' largest privately held
Department Store chain.
Belk, Inc. - Company Profile
Founded in 1888 by states, particularly in
The Carolinas .
Belk Official Website The southernmost Belk store is located in Fort Myers, Florida. In 2006, Belk generated US$2.97 billion in sales and employed 17,900 people.
Belk's mission is to be the leading department store in its markets by selling merchandise to customers that meets their needs for fashion, selection, value, quality and service. To achieve this mission, Belk's business strategy includes six key elements: (1) a target customer focus; (2) focused merchandise assortments; (3) compelling sales promotions; (4) distinctive customer service;
(5) a winning store and market strategy; and (6) an emphasis on productivity and efficiency.
http://biz.yahoo.com/e/060907/blkia.pk10-q.html
Belk also distinguishes itself from competitors by offering attentive customer service and a "hassle-free" return policy.
Belk, Inc.-- The Company and the Family That Built It If a customer loses the receipt and still wants to return an item that was paid for with the Belk credit card, the transaction can be completed using the Belk card as proof of purchase in order to process the return.
During the fourth quarter of 2005, Belk completed the sale of their private label credit card division, Belk National Bank, to GE MoneyBank. Consumers were issued new Belk credit cards replacing the old ones issued by BNB. All new Belk cards are now issued by GE Money Bank.
On July 5, 2005, Belk completed the purchase of 47
Proffitt's and
McRae's department stores from
Saks Incorporated . Belk converted the 39 Proffitt's and McRae's stores to the Belk nameplate on March 8, 2006.http://www.timesnews.net/article.dna?_StoryID=3608580
Belk purchased 38
Parisian department stores from
Saks Incorporated on October 2, 2006. Although most Parisian stores will be converted to the Belk namplate by September 12, 2007, several Parisian stores are slated to close or have been closed. Four stores in Indiana, Michigan, and Ohio, plus a store under construction in Michigan, were sold by Belk to
The Bon-Ton Stores, Inc .
Belk additionally traded its newly-acquired Parisian location in
Collierville, Tennessee , with
Macy's, Inc. for a Macy's (former
Hecht's ) in
Wilmington, North Carolina , during the second quarter of
2007 .
N.C. town lands Collierville's Parisian Macy's store listing in metropolitan Memphis area (38103), accessed on May 17, 2007
Beginning in
1921 with the Leggett Bros. stores of Virginia, the Belk family formed various partnerships with other merchandisers in different markets. (This complex story is chronicled in a book
Belk, Inc.-- The Company and the Family That Built It about the evolution of the company.) This unusual corporate ownership structure resulted in dual or hyphened names on many of their stores. In 1998, Belk bought out or merged away this partnership structure and formed Belk, Inc. from its 112 existing Belk companies, with certain well-established partnership names allowed to remain. Some of the dual names used included:
- (formerly in High Point, North Carolina and Burlington, North Carolina )
- (formerly in Wilmington, North Carolina and Savannah, Georgia )
- (formerly in Hickory, NC and Spruce Pine, North Carolina )
- ( Monroe, NC )
- ( Rocky Mount, NC )
- (formerly in Atlanta, Georgia and Manchester, Georgia
- (formerly in Americus, Georgia and Dawson, Georgia )
- ( Salisbury, NC )
- (formerly in Fayetteville, North Carolina , Lumberton, North Carolina , and officially, though never signed, in Laurinburg, North Carolina )
- (formerly in Brunswick, Georgia , Spartanburg, South Carolina , Palatka, Florida and Valdosta, Georgia )
- (formerly in Stuttgart, Arkansas )
- (formerly in Danville, Virginia and Durham, North Carolina ---)
- (formerly in North Florida , Puerto Rico )
- ( Greer, SC )
- (formerly in Macon, Georgia and Warner Robins, Georgia , also in Cramerton, NC )
- (formerly in Rome, Georgia , Carrollton, Georgia and Cedartown, Georgia )
- ( Charleston, SC )
- ( Lincolnton, NC )
- (formerly in Kentucky , North Carolina and Greenville, South Carolina
- ( Winston-Salem, NC and Burlington, NC )
- (formerly in Rocky Mount, North Carolina , Elizabeth City, North Carolina and other parts of northeastern North Carolina ).
- ( Clinton, NC )
- (formerly in Asheboro, North Carolina , Thomasville, North Carolina , Elkin, North Carolina and Siler City, North Carolina )
- ( Anderson, SC )
- (still used in The Triangle )
- ( York, SC )
- (formerly in Virginia , West Virginia , Maryland , North Carolina and Delaware )
- (still used at the Gastonia, NC location)
- (formerly in East Tennessee and Southwest Virginia )
- ( Rockingham, NC )
- ( Spartanburg, SC )
- ( Sanford, NC )
- The Belk Leggett in Durham was changed to a Hudson Belk and has since closed.
