If you blinked, you might have missed it: Belk, the Southeastern-based department store chain, filed for bankruptcy, presented its reorganization plan and had it all approved by the court in a matter ...

Belk is reducing its debt load by more than $950 million, while also amassing about $485 million via new loans. Some of Belk's lenders, including KKR and Hein Park, will have a controlling interest in ...

The third iteration of their partnership includes an expansion into jewelry and the return of a pop-up store in Charleston, ...

Maybe new owners and a new balance sheet but the same retail problem. (Photo by John Greim/LightRocket via Getty Images) Ever since the founding Belk family was smart enough to cash out and sell the ...

Add Yahoo as a preferred source to see more of our stories on Google. Belk Inc. confirmed today its plans to file for Chapter 11 protection and said it has already cinched a plan with its majority ...

Belk is opening 10 more Belk Outlet stores this month, the retailer announced Thursday. The additional locations bring the total Belk Outlet stores to 16. Belk is opening the new locations in Georgia, ...

UPDATE: January 27, 2021: Sycamore Partners later on Tuesday announced that Belk will restructure under Chapter 11 bankruptcy. The department store has entered into a restructuring support agreement ...

Belk is the latest department store chain raising eyebrows in some credit circles. The Charlotte, North Carolina-based retailer could face challenges ahead now that it doesn’t have the payment-in-kind ...

The department store chain Belk announced it plans to file for Chapter 11 bankruptcy, marking the latest mall-based retailer to do so during the Covid pandemic. Private equity firm Sycamore is set to ...

Belk is close to a deal where it would file for bankruptcy protection, and provide its lenders with a stake in the company, people familiar with the matter told Bloomberg. If the talks are successful, ...

Add Yahoo as a preferred source to see more of our stories on Google. A sign at a Belk store. Belk is closing its longtime department store in Richland Mall ahead of a more than $100 million complete ...

The iconic Charlotte-based Belk department store has unveiled another new retail format. Belk Market debuted last month at The Centre at Preston Ridge in Frisco, Texas, followed by The Grove at Wesley ...