Thread regarding Belk layoffs

Truth of the matter is the bros were ill equipped and ill suited to manage the firm.
Their modus operandi was to bring in consultants for everything as a result of not having their own vision let alone their own abilities and capabilities.
All of this created a lot of uncertainty and double guessing as things trickled down to the stores thru the beaureaucratic and immensely insecure division offices and regionals.

The pursuit of the flagship strategy was a budget ki---r for the company. It left the "cash cow" b &c stores starved for needed monies to staff and maintain themselves.

The fact that they were unable to secure a partnership with another retailer and ultimately had their hands forced to sell off the firm puts it all into perspective.

Now, I will say that the brothers were absolutely good guys. Tim and John always fun. McKay certainly danced to his own drum. Fellows one and all you'd enjoy spending a day with hunting, fishing or just sharing a drink with on a big front porch.