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Belk, Inc. Clothing, footwear, bedding, furniture, jewelry, beauty products, and housewares. Belk, Inc. is an American department store chain founded in 1888 by William Henry Belk in Monroe, North Carolina, with nearly 300 locations in 16 states. Belk stores and Belk.com offer apparel, shoes, accessories, cosmetics, home furnishings, and a ...
Proffitt's was a department store chain based in Alcoa, Tennessee. The chain was founded in 1919 by David W. Proffitt and James Ellis. In 2006, the Proffitt's and McRae's stores were converted into Belk after Belk had acquired the two chains in July 2005 from Saks, Inc. At the time of their demise they operated 47 Proffitts & McRae's stores.
Sale of Parisian to Belk in 2006. Belk, Inc., a privately held department store chain based in Charlotte, North Carolina purchased the Proffitt's and McRae's stores from Saks on March 8, 2006, and immediately converted them to Belk.
As Saks sought repositioning as a more luxury retail-oriented operation, its mid-range chains became targets for sale. McRae's and Proffitt's were among the first to be sold. Charlotte-based Belk, the nation's largest privately owned department store chain, bought Proffitt's/McRae's in a deal that closed in July 2005.
Catherine Muccigrosso. August 24, 2022 at 9:50 AM. Belk department store this week sued its former CEO Nir Patel, another former executive and GameStop Corp. accusing them of stealing its ...
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The first store opened its doors in Tennessee. Belk outlet stores sell clearance items from its larger stores. Belk launches its first outlet store. 5 more are planned, but none in North Carolina.