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The department store writes a new chapter in its long history: Chapter 11. The bankruptcy filing is the latest to hit the retail sector, particularly mall-based stores such as Belk, as the coronavirus pandemic accelerated changes in shopping.
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The Belk department store chain, one of Charlotte’s corporate touchstones, is filing for bankruptcy after 133 years of operation. In his On My Mind commentary, WFAE’s Tommy Tomlinson traces the history of the company, and the city the Belk family helped build.
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It's nearly February, and somehow we're just now seeing the effects of and the full results from the November election.
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The department store Belk is filing for bankruptcy. The retailer is headquartered in Charlotte, and the Belk family name has been a mainstay around here for decades. The first store opened in Monroe in 1888, and Belk now operates 300 stores across the Southeast. But like many other department stores, Belk has struggled recently.
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Belk plans to file for Chapter 11 bankruptcy, but the Charlotte-based chain says it plans to keep its department stores open.
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Insurance giant Centene passed up a much more lucrative offer to put its regional headquarters just over the border in South Carolina. The company, which…
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The first Belk store opened in Monroe in 1888. The Belk family and the company played a large role in the development of Charlotte. Tom Hanchett, staff…
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After more than a century as a family-owned department store chain, Belk has agreed to sell to a New York-based private equity firm later this year for…
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Sometimes it’s not enough to encourage kids to go to college. It takes some guidance to navigate the whole application process. With that in mind, the…
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The economy in Charlotte and North Carolina as a whole next year will be like a NASCAR race under a caution flag – it’ll move forward, but not too fast.…