Every part of me is screaming that this is setting up for a sale. Private equity is urging that we cut staffing to the bare bones to save money on the bottom line. This makes it attractive to others to purchase since the profit/cost ratio is beefed up. What happens after that? Not sure…
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@hv+1. That's also happening at my store. And the ones doing it are the golden children and pretty much do anything they want.
No one stays for long at my store because they are lied to when hired, they are harassed every hour to get apps, credits, emails with a fake smile. Oh and the ones who get the most credits are scamming customers into it. I refuse to lie to customers.
Sad, because I love what I do.
@bj+1— the overhead is too much for belk. stores are not having repairs done, carpets cleaned, escalators and elevators have been long out of order at some stores, stores are without basic maintenance. Roofs leaking, mold, mildew, at some stores, rodent infestation at some locations, no proper working air conditioning, lighting/electrical issues at some locations, some locations need a good paint job, new visual hardware needed, and on and on…
Belk is done soon. Quit trying to make sense of any future. Freestanding locations have more time before the inevitable. No traffic and too much overhead to sustain the few shoppers in this 80s model that once worked and made money. Prove me wrong
My store can’t keep anybody. Everyone quits within a few months
This would be the worst possible thing that could happen to us. If you think cuts are bad now...