Thread regarding Belk layoffs

Article in Forbes Magazine on 9/30/2020 saying Belk may go under, owes millions of dollars to Vendors

Forbes Magazine is reporting that Belk is not paying home goods vendors, some 90 days past due. The company is also radio silent and will not respond to requests for an interview. It also says that Sycamore has a poor track record and is not known for being a reputable firm. This article was posted today. Very scary stuff.

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| 1611 views | | 4 replies (last October 7, 2020) | Reply
Post ID: @OP+17ceQF81

4 replies (most recent on top)

Lol. It's said that the article is not true. Hmm. Yeah right.

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Post ID: @7bot+17ceQF81

Forbes is not a run of the mill magazine, if forbes run's an article it's serious. thats the big time.

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Post ID: @2cim+17ceQF81

Can't sugar coat that article. They'll say I haven't seen that or I haven't heard anything like that. You won't get the truth that's for sure.

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Post ID: @2zla+17ceQF81

I can't wait to ask management to see how tbey dodge that question 🤣😂😂😂

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Post ID: @2ncp+17ceQF81

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