Topics regarding layoffs at Belk

Topics regarding layoffs at Belk

BANKRUPT. OFFICIAL.

Department store chain Belk files for Chapter 11 bankruptcy, private equity firm Sycamore to take control PUBLISHED TUE, JAN 26 20213:08 PM EST There is a long press release on the web. Said several days ago, the only winner in this is... — read more 

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| 1240 views | | 2 replies (last January 26, 2021)
Post ID: @OP+196PajZM

Why no mention of layoffs?

We all know they are going to happen, why not be honest for once? That is how other companies handle it!

facebook posts deleted

A customer put a comment on Belk's facebook page about the bankruptcy and not paying vendors and within less than one minute it was deleted. LOL

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| 840 views | | 2 replies (last January 27, 2021)
Post ID: @OP+1965LZoY

what I think

As a manager I take it personally that Belk corporate has not released one single memo about this, we are also instructed not to discuss this with associates which makes me think that they assume associates are not intelligent or worthy of vital... — read more 

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| 1550 views | | 7 replies (last January 28, 2021)
Post ID: @OP+196V1Mbi

Bankruptcy news firmed up

Belk Department Store Chain Said to Plan Bankruptcy to Tame Debt January 25, 2021, 3:33 PM EST Lenders would assume equity stake after trip through court Company has delayed or halted payments to some vendors Sycamore’s Belk Inc. is nearing... — read more 

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| 1580 views | | 7 replies (last January 26, 2021)
Post ID: @OP+195v9YPQ

Stop with the fluff and be transparent

There is no transparency at Belk. The company gives a bad name to private companies. I will think twice about working for a private company again. It is shocking they havent addressed the articles last week with employees.

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| 843 views | | 1 reply (January 25, 2021)
Post ID: @OP+1954Lbcb

Store closures

Bankruptcy or no bankruptcy. Belk has to close stores, starting with mall locations. Belk has nearly 300 stores mostly in the southeast Compare that to around 500 which Macy’s has nation wide. (This number continues to decrease yearly) Thoughts? — read more 

Manager Cuts

Anyone else hearing Omni managers will be cut.

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| 1320 views | | 3 replies (last January 25, 2021)
Post ID: @OP+192sh0gY

Getting on the Target bus

We are going to Target. Myself, and two STM’s are all going to Target. We will start on Feb 1. kinda nervous. We are all using PTO until then

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| 1030 views | | 5 replies (last January 24, 2021)
Post ID: @OP+191ztQDY

Belk bankruptcy? Maybe, maybe not?

Belk’s top lenders, including KKR, looking to avoid taking department store through bankruptcy, WSJ says KKR, Blackstone and other major lenders to Belk are in talks with the North Carolina-based department store chain to keep it out of... — read more 

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| 1520 views | | 5 replies (last January 21, 2021)
Post ID: @OP+190xdMSk

More insanity...cruise ships?

Royal Caribbean Group reached a definitive agreement to sell its three-ship Azamara brand to Sycamore Partners, a private equity firm, in a $210 MILLION ALL CASH DEAL. The 690-passenger Azamara Journey, Azamara Quest and Azamara Pursuit each... — read more 

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| 1100 views | | 3 replies (last January 22, 2021)
Post ID: @OP+18ZTl8r2

I don't get some of you people

I understand that many hate their jobs at Belk, I really do. I'm not a big fan of mine either. But it still pays my bills. While I hope the situation will change and while I constantly criticize the management and the policies and so many other... — read more 

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| 1031 views | | 2 replies (last January 20, 2021)
Post ID: @OP+18ZCfFQD

What will you miss from Belk?

I can’t lie, there have been a lot of good days at Belk, or maybe I prefer to remember good things. Unfortunately, in the end, everything is overshadowed by bad management, especially through this crisis. The dismissal did not surprise me, it was... — read more 

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| 1110 views | | 4 replies (last January 19, 2021)
Post ID: @OP+18Zy88ug

Belk's Tragic Last Days

One a staple of southern charm, culture, and family values has turned into a complete disaster. Stores are a mess, employees are quitting left and right, store managers are here one day, gone the next, loyal "elite" customers are long gone, replaced... — read more 

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| 1970 views | | 6 replies (last January 19, 2021)
Post ID: @OP+18WV3h92

Trying to negotiate down debt, weasel out.

Belk Inc., the department store chain owned by Sycamore Partners, is talking with creditors about easing its almost $2.4 billion debt load and has tapped law firm Kirkland & Ellis and investment bank Lazard Ltd. for advice. Belk and its advisers... — read more 

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| 1650 views | | 2 replies (last January 16, 2021)
Post ID: @OP+18WeL6BA

Too many Good store managers leaving Belk???

Do these store managers know something we don’t??? I’m shocked after hearing so many good ones have left??? Some who had great careers here....left out of the blue.....should we take a hint....

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| 1004 views | | 2 replies (last January 20, 2021)
Post ID: @OP+18UrrYN5

Charlotte Observer

What does the article in today's Charlotte Observer say about Belk

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| 2110 views | | 9 replies (last January 14, 2021)
Post ID: @OP+18TEv8Rt

Review/Raise?

Anyone heard if we are receiving either of these this year? I know we got screwed out of one last year is this going to be the new norm?

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| 1260 views | | 2 replies (last January 13, 2021)
Post ID: @OP+18SDy4cT

Mini Rant.

Serious question. Which dumb as or dumb ases are in charge of determining the weekly sale, daily deals, and weekly spotlight up in corporate?! I work at the flagship store in Charlotte and we hardly see any corporate employees shopping in store... — read more 

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| 1590 views | | 4 replies (last January 13, 2021)
Post ID: @OP+18Sa5A4j

Money on the table, or please leave.

Office supplies retailer Staples on Monday said it made an offer to buy Office Depot owner ODP Corp for $2.1 billion in cash, nearly five years after its second takeover effort was rejected. But you guyz here keep saying Syc n Belk & co are... — read more 

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| 1180 views | | 3 replies (last January 12, 2021)
Post ID: @OP+18SNnptS

Over worked managers??

Hi everyone! I work at a medium size store, and have been with the company for a few months. I moved from NY to the south and this was the only job that I could find that paid “decently;” $42k a year. While I know that is A LOT, compared to many... — read more 

New year nothings changed

Still have the virus and business hasn’t improved. The only thing that’s changed is the calendar. Good luck to all of us. Buckle up folks

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| 1342 views | | 1 reply (January 2, 2021)
Post ID: @OP+18ICbkwF

Belk Remains On Default Watch List

Belk remains a company of concern as many other troubled companies' names are cleared from the default watch list. Full story here: https://www.google.com/amp/s/www.adweek.com/commerce/2020-was-a-watershed-year-for-retail-bankruptcies/amp/

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| 1620 views | | 3 replies (last January 6, 2021)
Post ID: @OP+18G411z3

Rancho Pescadero

Lisa Harper owns this hotel. when will it reopen? nothing says "one belk" more than a luxury resort in Mexico.

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| 1900 views | | 9 replies (last January 1, 2021)
Post ID: @OP+18F5QnUp

No post Xmas whining?

What’s wrong Belkers? Why so quiet on post holiday sales? One Belk must be working!

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| 1690 views | | 8 replies (last January 1, 2021)
Post ID: @OP+18DTv6sa

Horrible Belk Managers

Managers no where to be found. our managers (three on duty) mysteriously disappeared today (Christmas Eve), we were calling and calling and nobody was answering for over an hour. I work in Cosmetics and myself and two other associates searched the... — read more 

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| 2340 views | | 7 replies (last December 27, 2020)
Post ID: @OP+18AFjx2l

Target is hiring

A friend works there and I know they have it much, much better than we do in every aspect. She could put in a good word for me so the chances are I'd get a job. But still I'm hesitating. I'm scared of changing my job, being the last person in and if... — read more 

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| 1343 views | | 4 replies (last December 25, 2020)
Post ID: @OP+18zxzgdm

Merry Christmas everyone

Twas the day before Christmas and all through the store, things are disorganized, filthy and more Employees are scared and some of them sad, the way we are treated made most of us mad But let the execs sleep soundly in bed, while visions of dollar... — read more 

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| 1090 views | | no replies yet
Post ID: @OP+18zHhXq9

RVP’S on chopping block next year

I’ve heard from a very good source that RVP’S will be on the chopping block in 2021. So will some store managers. Have a feeling they will let people go without mercy.

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| 1450 views | | 4 replies (last December 28, 2020)
Post ID: @OP+18zGwHnj

Happy FESTIVUS!

Happy FESTIVUS, this is your special day to complain.

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| 1000 views | | 3 replies (last December 29, 2020)
Post ID: @OP+18ybcMOB

What can we look forward to after Christmas?

I haven’t had anything to be cheery about this season. I dread coming into work as it is, but I know that for the next few days after Christmas we’re going to have a ridiculous amount of returns. And take into account that we’re short staffed as it... — read more 

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| 1071 views | | 3 replies (last December 26, 2020)
Post ID: @OP+18ydlqPZ

Not enough hours to live off

My hours have been less than 28 a week for months now and I was eventually forced to get a 2nd job. I don’t know how the company can expect us to prioritize them first when the hours we are being provided aren’t enough to be sustainable. Now I have a... — read more 

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| 1272 views | | 4 replies (last December 23, 2020)
Post ID: @OP+18whVdZo

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