Thread regarding Belk layoffs

Major fincial site comments on Belk/Sycamore/Penneys

"Sycamore Partners have bought a large portfolio of various retail store chains over the years with mixed results. They also have been sued over various store financial reports. In my opinion, Sycamore is very good at "creating financial figures", but not so good at creating successful retail business models." Seeking Alpha

Oh...where are all the disgruntled associate comments? Same few. Nothing new.
How's Back to School going? Tax Free weekends? Should be seeing first winter season merchandise now, right?

If your 401's are dead in the water now...rollover the funds to a reputable financial firm. Vanguard probably the best and lowest cost. Do not leave them with Belks current custodian.

Stay safe and be well.

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| 691 views | | 1 reply (August 12, 2020) | Reply
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An odd cryptic post.

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