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  September 5, 2001
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Home > Company Index > Retail > Department Stores > Belk, Inc.

Belk, Inc.
 PROFILE
Department store operator Belk has shed a lot of bulk. Now a relatively svelte 207-store retailer operating in 13 states, the chain was a confederation of 112 separate companies before its 1998 reorganization. Belk stores, located in the Southeast and Mid-Atlantic (primarily in the Carolinas and Georgia), offer mid-priced brand-name and private-label apparel, shoes, cosmetics, and home furnishings. Its stores usually anchor malls or shopping centers in small to medium-sized markets. The Belk family runs the show and owns most of the company, which is the biggest privately held department store chain in the US. Belk grew from a single store (called New York Racket) opened in Monroe, North Carolina, in 1888.

 COMPETITION
Dillard's, Inc. (DDS)
Federated Department Stores, Inc. (FD)
Saks Incorporated (SKS)

 FINANCIAL OVERVIEW
Fiscal Year-End: January
2001 Sales (mil.): 2,269.70
1-Yr. Sales Growth: 5.8%
Employees: 21,000
Revenue per employee: $108,080.95

 KEY PEOPLE
• John M. Belk
    CEO
• John R. Belk
    CFO

 CONTACT INFO
2801 W. Tyvola Rd.
Charlotte, NC 28217
US
Phone: 704-357-1000
Fax: 704-357-1876
Online: Web Site

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