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Belk

Sycamore Seals Deal to Buy Belk

Belk sold the business to Sycamore Partners for $68 a share, representing an enterprise value of $3 billion.

PwC: 11 Retail Mega Deals Topped $1B in Q3 2015

Third-quarter merger and acquisition activity was up from the previous period but still below last year's…

Holiday Workers Shifted to E-commerce

The increase in holiday online shopping is causing retailers to shift their seasonal workers to e-commerce.

Belk Net Slips in Second Quarter but Revenues Gain

The company posted a 1.2 percent increase in comparable store sales, and said that its merchandising margins…

Sycamore Partners to Buy Belk Department Stores for $3 Billion

Belk, Inc., the nation's largest family-owned department store chain will soon be wholly acquired by New…

Sycamore’s Plan for Belk: Grow Digital, Expand to New Markets

Tim Belk will continue as chief executive of the Charlotte, N.C.-based department store.

Stefan Kaluzny’s Sycamore on Track to Buy Belk

Sources said the private equity firm is close to a deal to acquire control of the regional department store.

Sycamore Inches Closer to Belk Deal

The private equity company is seen in the lead to invest in Belk.

Sycamore Partners Rumored to Buy Belk for $3B

Private-equity firm Sycamore Partners is reportedly preparing an offer to acquire family-owned department…

Belk, Skechers Lead Apparel Stocks in April

Shares in Belk soared last month on hopes that the company might be up for sale, while Skechers jumped on…

Belk Retains Goldman Sachs

Belk says it's considering options as it begins five-year strategic planning process.

Belk Up for Sale

Word on the street is the family-owned and operated department store chain Belk is seeking a sale that could…