Charlotte, N.C. — Belk will open three new stores through the end of 2018, part of a nearly $40 million investment in store remodels, capital improvements and new store openings in 2017. The company is also remodeling 12 stores.
Lisa Harper
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.