Dept. stores have been on the decline for years. Name one who’s flourishing.. Folks.. get out now. Malls, lifestyle centers, and freestanding are irrelevant. Dylan said it.. times are a changin...
L’Oreal news
A L’Oreal Rep told me today that they are pulling out of Dillard’s as well......
Extended hours
Why is Belk extending hours again when they don’t have the payroll to pay people for the hours they are open presently???
don't believe a word upper management and/or executives tell you.
it;s all lies. they just dont want people to jump ship. what scum.
79
It's official I work in a sc store and my rep came in today and told us lancome will be leaving so the doubters can keep on doubting .there's no conspiracy so Lisa and Tom can keep denying everything.
L'Oreal exiting Belk, Announced 2/10/2021
This is bad news for Belk, what will replace it? Will Lauder, MAC, Clinique follow? Everyone should start looking for new employment TODAY!!
where there's smoke there's fire
words of wisdom that apply to most, if not all the comments on this page.
From today’s Charlotte Observer
STORES AND EMPLOYEES Belk said it would have no store closures or layoffs as a part of the bankruptcy. But analysts say it’s unlikely all of its 291 stores are profitable, or will be profitable when the pandemic subsides. Bankruptcy makes it... — read more
Belk employee union
Belk employees should form a union. Especially during these crazy times.
Time to step down Lisa & Don
Lisa Harper and Don Hendricks, you have drove this shyt show up Hershey Highway for too long. Please do everyone a favor and step down. We don't want you driving the Titanic anymore.
Lancôme
I have heard from a source in a position to know of these matters that Lancôme and the entire L'Oréal group are preparing to exit Belk.
More of the same shenanigans from Sycko
After absconding with $$ billions, many billions, from Staples and Belk, doing some similar financial hocus pocus with Nine West, we already see, in just a few weeks time, Sycko backing out of stated agreements to courrs and once again up to no good... — read more
Before Covid
Belk was already running on a skeleton crew with declining visual standards and quality of merchandise before Covid. Stores stayed messy and the only time they were cleaned was when there was a visit. Then they would use all their hours fir visit... — read more
Have a Belk story? Let me know
Hey all – this is Austin Weinstein, I've been covering Belk's bankruptcy for the Charlotte Observer. I wanted to reach out to you all because I want to hear what it's like working for Belk right now – it sounds like there's a lot of... — read more
Bankruptcy Papers In Mail?
Has anyone else received bankruptcy papers in the mail from Belk's bankruotcy court? What do the mean?
belk is doing exactly what Toys R Us did
toys r us did almost identically what belk is doing in terms of bankruptcy, stores were run the same way, horrible management, no existent upper management, the top brass took huge bonus after filing bankruptcy. Now toys r us is gone...
Belk Misses Term Loan Payment
According to Moody's, Belk has missed their term loan payment and their rating has been downgraded to LD. Payment will be made after bankruptcy is completed. Outlook remains negative.
Metrics
The Managers won’t come if you call them, they don’t want to be bothered..Our Store Manager gave out his Override Code so we can use it at the register and not call and bother anyone.....They go on and on about Metrics and harass you about e-mail... — read more
Changing companies was like a breath of fresh air
I worked at a Belk for a little over a year. Associates and Managers were overworked and frustrated. The way in which I was spoken to by management was unbelievably rude and disrespectful on a regular basis, including being yelled at in front of a... — read more
Thoughts on this article in the Charlotte Observer?
https://www.charlotteobserver.com/news/business/article248952939.html
Are you a little nostalgic?
When I remember how nice it used to be to work at Belk compared to what it is now, it really saddens me. I really loved working here. There were great colleagues who were either fired or left the company on time. Unfortunately, I stayed because... — read more
all the "name brand" cosmetics want out of belk.
i believe lancome, lauder, mac, clinique want out of belk. thats what i was told.
signs of doom
Canceling Pre-Sale is a major RED FLAG that are getting ready to close Hiring has stopped, no new hires at all Trucks are very sparse with odd scattershot merchandise Store manager is trying to avoid associates RVP is distant... — read more
79
I work in cosmetics why would belk cancel lancome presell .they have 'always' had this.do u think they are planning on shutting down some stores and don't know what ones yet
Why is this not a good thing?
Let me see if I got this right: under the new financial restructuring agreement Belk will have 300 of its stores covering 16 states remain in operation. Under the agreement, Belk’s debt will be reduced by roughly $450M, which should give us some... — read more
Pension
What will happen to our pensions now ?
Belk will come back stronger than ever!! Go Belk!! Belk Strong!
Belk is the best, better than all the rest, better than anyone, anyone I ever met...
Belk Credit Rating Downgraded To Ca
Belk's credit rating has been down graded according to Moody's recent update. Also the report says that Belk will not be able to operate if the restructuring agreement does not go through as planned. Even if it goes through, the company's outlook... — read more
Time to leave
Everyone reading this. It is time to start APPLYING to other jobs. You have all seen the warning the signs in the past months, and still chose to stick around. Trust me. There are jobs out there that will pay you more than $11 an hour. And treat you... — read more
Raises
I know they won't happen this year, but I'm curious about how long some of us have been with the company without a raise? I started in 2018. Despite positive reviews no raise of even a penny yet. In 2019 I was told I hadn't been there long enough and... — read more
This Bankruptcy Is Not As It Seems
If everything is "business as usual", why is Belk trying to fast track this bankruotcy? Why are they afraid to "spook vendors and customers"? Are they that desperate? Sycamore is retaining only barely half of the company. What will the lenders do... — read more
Here's my question
What are the chances this will actually help and we won't be in the same mess one year from now? For the life of me I can't see how this bankruptcy will address any of the real problems we have that put us in this position in the first place - the... — read more
Bankruptcy Update
Belk Targets 24-Hour Bankruptcy With Lenders on Board Eliza Ronalds-Hannon Wed, January 27, 2021, 5:55 PM·2 min read (Bloomberg) – Belk Inc., the department store chain owned by Sycamore Partners, will seek to complete an upcoming reorganization... — read more
Can this be trusted?
Belk to file bankruptcy. Department stores to stay open, with no layoffs or closures. *There are not expected to be any layoffs or store closures in the bankruptcy, according to Belk spokeswoman Jenny... — read more
How will bankruptcy affect us?
I was scared of being laid off before but now I'm petrified. I don't know much about bankruptcies, but I've heard that we can kiss any kind of severance goodbye if we are laid off because the company has no obligations towards us anymore. Is that... — read more
Facebook or other associate site?
Is there a Facebook or other site for associates to gather, comment, bleat and meet? A more open, back and forth comment board. If not, we bed one. If so what's it called and where located?
Sycko buys another rusty ship
Sycamore Partners Announces Plans to Add Fourth Ship to Azamara® Fleet Prior to launch, the fourth ship will undergo an extensive refurbishment to match its sister ships All of these ships are aged, small, and inefficient. In a world of Covid... — read more
Belk family
Do I feel sorry for the Belk family for the current situation of their name sake company? No. They have blood on their hands for selling out to the devil.
Why The Belk Bankruptcy Plan Is Not A Done Deal (Via Forbes)
Belk has filed for chapter 11 bankruptcy. So, now what? The troubled department store’s filing on Tuesday afternoon was not exactly a shock as rumors had been circulating of its possibility for some time, rising in volume and tone the past... — read more