Thread regarding Belk layoffs

It's obvious. Belk is hanging by a thread desperately grasping for online sales to stay alive. Look around at what is going on in your store. It's plain to see that cash for payroll is limited and that store standards are going way down. If you enjoy your work, that is fine. Just keep your eyes open, be aware of Belk's terrible credit rating, and keep in mind the damage that private equity firms can wreck on a company. Look at the history of bankruptcies and liquidations brought on by private equity buyouts. Don't let yourself be caught by surprise when Belk's time comes.