What you don't read is that Belk is strategically laying off their older employees in a mass Restructuring Program. It started in the corporate offices in Jan with 85 people, then the Fulfilment center and then the Field in June totalling 75 +. Sycamore Partners is killing the Belk legacy since buying it from the family. Tenure used to mean something but not with this organisation. It's age and level of energy. Stay away from this new leadership.
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Every buyout like this “kills the family legacy” ...nothing new.