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, South Carolina.

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, ...

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 ...

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 ...

It's the latest strategy to win customers from the iconic 138-year-old Charlotte-based department store.

Add Yahoo as a preferred source to see more of our stories on Google. Belk Inc. is the latest department store to go bankrupt. The Charlotte, N.C.-based company has filed today for Chapter 11 ...

When Belk announced its impending bankruptcy filing last Tuesday, the retailer assured customers, employees, and suppliers that it would continue with “normal operations.” However, Belk is far from a ...