belk

Belk To Open 5 Additional Belk Outlet Locations

by Katie Lee March 28, 2023

Charlotte, N.C. — Belk is opening five additional Belk Outlet locations as part of a new concept the retailer debuted at the start of 2023. For the first time in Belk’s almost 135-year history, the company launched Belk Outlet as an opportunity for customers to get the best brands at a great price. Belk’s Greeneville, Tenn., location pioneered the initiative as the company converted an existing store into the first Belk Outlet and opened its doors to the public on January 30. The feedback from customers was overwhelmingly positive, and …

March 28, 2023

Conn’s, Inc. and Belk to Pilot Store-Within-A-Store Concept

by Katie Lee June 1, 2022

The Woodlands, Texas, and Charlotte, N.C. — Conn’s, Inc. and Belk have announced a strategic partnership to pilot a store-within-a-store concept in select Belk locations and online at Belk.com beginning later this summer. The new store format, which will launch under a new brand name soon to be announced, will provide Belk customers with access to Conn’s complementary home product categories, as well as next-day delivery. The store-within-a-store concept will be piloted in 10 to 20 Belk locations in Conn’s existing markets and through an e-commerce experience on Belk.com beginning …

June 1, 2022

News people retailers

GameStop Appoints New Chief Operating Officer

by Katie Lee May 16, 2022

Grapevine, Texas — GameStop Corp. has appointed Nir Patel to the role of chief operating officer, effective May 31, 2022. Most recently, he was chief executive officer at Belk, a privately-owned national retailer with more than 300 stores across 16 states. Patel previously held senior roles at Kohl’s and Lands’ End after beginning his career at Target and Gap. He has approximately two decades of experience in operations, merchandising, supply chain, and retail and store operations. SOURCE: GameStop Corp.

May 16, 2022

News people retailers

MedMen Taps Former Hudson’s Bay Executive as CEO; COO to Resign

by Katie Lee April 28, 2022

Los Angeles — MedMen Enterprises Inc., a premier cannabis retailer with operations across the United States, has appointed Edward Record as chief executive officer, effective immediately. Record succeeds interim CEO Michael Serruya, who will continue to serve as chairman of the board. Record joined MedMen’s board of directors in 2021. He brings deep retail and restructuring experience, having overseen financial and operational performance for several large national retailers. He previously served as the chief financial officer for Hudson’s Bay Company, whose U.S. holdings include Saks Fifth Avenue. Before joining HBC, …

April 28, 2022

News people retailers

The Fresh Market, Inc. Appoints CFO

by Katie Lee August 10, 2018

Greensboro, N.C. — The Fresh Market, Inc., a leading specialty grocer, has appointed Oded Shein as chief financial officer. Past retail positions include senior financial roles at Stage Stores, Belk and Charming Shoppes.

August 10, 2018

News people retailers

Tim Belk Retires as Belk’s CEO; Lisa Harper Named New CEO

by Katie Lee June 30, 2016

Charlotte, N.C. — Tim Belk will retire as chief executive officer of Belk in July 2016. He will continue to serve on the Belk board of directors. Lisa Harper, who previously served as chief executive officer of Hot Topic, Inc., will succeed Tim Belk as CEO, effective July 5, 2016. She is first non-family member to serve as CEO.

June 30, 2016

News retailers

Belk, Inc. To Be Acquired By Sycamore Partners

by Katie Lee August 24, 2015

Charlotte, N.C. — Belk, Inc., the nation’s largest family owned and operated fashion department store company, has entered into a definitive merger agreement whereby investment funds managed by New York-based private equity firm Sycamore Partners will acquire 100% of Belk in a $3 billion transaction.

August 24, 2015