Anyone wanna take a guess?
8 replies (most recent on top)
The average belk store is down 30% YTD compared to LY, this cant go on much longer, it’s financially impossible, is belk bleeding money or what? Sales were soft last year, this year is horrendous
Belk also is being sued by contractors who have no been paid for work (store remodel, repair etc...) some have been completely stiffed or some have been underpaid.
Belk is still in serious trouble, the debt to income ratio is astronomical. Just remember that right before belk filed bankruptcy last year they only had $7 million in cash on hand, that was not even enough to make payroll, a sobering thought for every employee reading this.
All you have to do is walk into a belk the. Walk into a Macy’s, Dillard’s, or even J.C. Penney, you will be able to notice the difference in merchandise with walking too fair into the store.
I believe now it’s over $2 billion. Stores are doing their hiring charade again, hiring then cutting hours for existing employees. Only problem is the new hires last at most a few weeks, some go on break and never come back. What. a. Mess.
How much is the final ticket price on this pathetic Belk Titanic? Don’t be so cheap Don Hendricks, have a heart just give us tickets to associates for vacation before you do Belk
liquidation!
How much water in Belk Titanic before it is sinking? Remember the swimming pool on the real Titanic is still full and working!
last I saw was $1.8 billion