Anyone who has the ability to move on from Belk....should do just that. Don’t wait for it to get better....it won’t...in fact. It will get worse. Don’t wait for sales to improve...they won’t. Private equity firm Sycamore Partners, knows the final chapter of Belk, they know it too well, and it’s liquidation. When is the last time you witnessed a substantial capital improvement to your store? Walk into a Dillard’s, Von Maur, he-l even JC Penney or Kohl’s, the walk into a Belk...what do you notice? What is different? What is the same? be mindful that Belk is not investing in their stores, what does this mean when Sycamore partners has BILLIONS of dollars, and our store can’t spend $500.00 to fix the toilet in the women’s bathroom...just pitiful!
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I think you miss the big picture we try to explain many Belk stores image and quality today. Escalators restroom toilets, leaking bathroom, dirty carpets are required to get fixed and replaced when needed in your stores. The real question for Belk CEOs and leaders is when you are going to fix Belk big “leaking” bankcruptcy in coming 2022 or let all Belk stores run down in deterioration, dirty and in desolation situation next year? Where is your priority for Belk future fixing you toilets or fixing your financial problem?
We are not a big store at all, but our repairs get done. I don't understand these comments.
Money is misappropriated or hidden, some executives get large bonus, there is no telling what sycamore partners is doing, but I can assure you of one thing, it’s probably illegal.
In the third quarter ended Oct. 30, Kohl’s net income rose to $243 million, or $1.65 per share, from a net loss of $12 million, or 8 cents per share, a year earlier.
Revenue climbed to $4.6 billion from $3.98 billion a year ago, outpacing estimates of $4.27 billion.
How about putting money where mouth is Belk CEOs and executive leaders? What are you hiding from us? Where is your revenues? Naturally all retail competitors are doing well this year but poor Belk I guess!
Dillard’s Q3 profits skyrocket more than 500 %! Total third quarter retail sale up 47% year over year and 9% from 2019 to $1.46 billion. Net income soared 518% year over year to $197.3 million as reported by Dillard’s press released news. So how are we doing this year so far in profits and revenues my One Belk blind loyal fans?
Dillard’s is doing particularly well this year, so is Von Maur. Look at the lay-off.com page for Dillard’s, then look at Belk....enough said.
“Knowledge is like Paint” at Belk company. It is no good until applied to the right business plan!
Well said well said!
“Insanity is doing same thing over and over again and expect different results” is that what Albert Einstein said several years ago? If Belk and Sycamore Partners keep doing the same stupid failing business plans then what do we expect from Belk financial future in 2022? We love to help but all CEOs and Belk executive leaders not care enough to ask how and they are doing wonderful job to destroy Belk legacy for now. Learn from other successful retail CEOs and copy what they do then may be Belk CEOs can adapt to new changes? Why should we teach and educate executive leaders since they “know” everything about Belk Chapter 11 and how to run it to the ground with MBA knowledge how sad but true!
Maybe all of you Belk “know no it alls” and closet CEO’s have a better plan?? You seem to talk a lot- how about putting money where your mouth is. The competitors the original poster listed are in no great shape either.
If Belk can’t even fix leaking toilets, water leaking in stock room, how do you expect Belk will fix the “One Belk” financial bankcruptcy debts dilemma? Sound about right at Belk 2022 future!
I’ll see your leak in the stock room and raise you a leak in intimates, that was solved by a hose into a trash can. On the sales floor.
Wonder if they ever fixed that thing.
Water leak in stock room is the same solution for Belk just like the bankcruptcy problem. Don’t talk about it, ignore it and hope it will go away!
We had a water leak into the stock room causing mold. The solution? Throw all the moldy merchandise in the trash. But the cause of the mold was never addressed
Don Hendricks suggested that employees wear a colostomy bag, save on water, TP, and bathroom breaks. now get out there are clean those fitting rooms!
What little money is available for improvements at our store is constantly sucked up by escalator repairs. The 35 year old dinosaurs limp and bump along for a few days then break down. Sometimes both are down at the same time! He-l, the downward escalator failed again on Black Friday leaving customers loaded with bags hobbling precariously down it. And don’t even get me started on the antiquated HVAC!
If you need Belk Toilets and Bathroom fix at your store, go to Home Depot for sure. If you need “Laxative Liquidation Sale” from Belk in 2022, please don’t hesitate to call customer service 24/7 Sycamore Partners Service!
To sell Belk or not to sell that is the question for Sycamore Partners Hedge Fund in coming 2022. It is not about buying a company to make it better but to squeeze out maximum money and profits before leaving Belk heavy in debts. Actions speak louder than word. To say one thing and then doing something else to Belk. I say to Sycamore Partners that Actions Lie Better than their words! The last thing we should not worry is when Belk store Toilets will be fixed and replaced in 2022!
Awww.. c’mon. 2022 will be fine.
Why such Debbie Downers here? Reminds me of the hee haw skit..
The stores not getting any attention or good stock will probably be the first to close.
Responsive to repair requests?
What store do you work at?
We are at Crabtree 0458
No idea what you’re talking about
Our store looks great and team has been responsive to repair requests