Belk, Inc.

Charlotte, NC United States

 

Company Description

Belk is busy bulking up. Already the nation's largest privately owned department store chain, Belk now operates more than 300 stores in some 15 states, following its 2006 purchase of the Parisian chain from Saks. Previously, Belk acquired Saks' McRae's and Proffitt's divisions. Belk stores are located primarily in the southeastern (the Carolinas, Florida, and Georgia) states and offer mid-priced brand-name and private-label apparel, shoes, jewelry, cosmetics, gifts, and home furnishings. Its stores usually anchor malls or shopping centers in small to midsized markets and target 35-to-54-year-old middle- and upper-income women. The Belk family runs the show and owns most of the company.