Company Overview of Belk Inc.
Belk, Inc., together with its subsidiaries, owns and operates department stores in the United States. Its stores offer fashion apparel, shoes, and accessories for women, men, and children; sportswear for men; and cosmetics, home furnishings, house wares, fine jewelry, gifts, and other merchandise. The company also provides various products under private label brands. Belk, Inc. sells its products through its Website, belk.com, as well as offers equipment maintenance services to third parties. As of July 23, 2015, it operated 300 stores in 16 states. Belk, Inc. was founded in 1888 and is headquartered in Charlotte, North Carolina.
2801 West Tyvola Road
Charlotte, NC 28217
Founded in 1888
Key Executives for Belk Inc.
Chairman, Chief Executive Officer and Member of Executive Committee
Total Annual Compensation: $1.1M
President, Chief Operating Officer, Director and Member of Executive Committee
Total Annual Compensation: $884.6K
President and Chief Merchandising Officer
Total Annual Compensation: $606.0K
Chief Financial Officer and Executive Vice President of Human Resources
Total Annual Compensation: $610.4K
Executive Vice President, General Counsel and Secretary
Total Annual Compensation: $703.4K
Compensation as of Fiscal Year 2015.
Belk Inc. Key Developments
Belk Inc. Hires Marlene Norcross as Vice President and Regional Manager for the Texas Region; Plans to Open Belk's Ninth North Texas Location in Euless
Nov 18 15
Belk Inc. has hired Marlene Norcross as vice president and regional manager for the Texas region. In her new capacity, Norcross will oversee 15 stores across the state, including Texas' store at the Galleria, where she will be based. In the immediate future, Norcross will oversee the opening of Belk's ninth North Texas location in Euless, set to launch in March, and the development of a new store in Mansfield. Norcross brings to the position experience as vice president store manager for Macy's in Houston and Dallas, special project manager and general manager for Best Buy in Austin, vice president and general manager for Saks Fifth Avenue in Houston and a buyer and merchandise manager with Neiman Marcus in Dallas. Just before joining the company, she worked as district vice president for Macy's in Indianapolis, overseeing 12 stores in Indiana, Illinois and Kentucky.
Belk to Close S.C. Store, Cuts 27 Jobs
Oct 13 15
Belk Inc. announced that it will cut 27 jobs when it closes its store in Union, S.C. That store, located in the West Towne Plaza, is slated to close in mid-January. A going-out-of-business sale will begin in November.
Lawsuit Claims Belk Inc. Store Fails to Meet Americans with Disabilities Act Standards
Sep 11 15
Belk Inc. is facing a lawsuit that claims one of the company's department stores in Lee County discriminated against a woman with multiple sclerosis by allegedly failing to provide facilities that comply with the Americans with Disabilities Act. In a recent complaint, Jackie Blue of Fayetteville claims the Belk store located in the Riverbirch Corner Shopping Center in Sanford includes 'architectural barriers' that have allegedly endangered her safety and made visiting the store difficult. Because of her illness, Blue requires the use of a wheelchair. The complaint cites a number of alleged ADA violations at the store. The store allegedly does not have the required 36-inch wide, wheelchair-accessible path to get into the store. The complaint claims the stores counters are all in excess of 36 inches high, which makes it difficult for her to access goods on the counters. The complaint also alleges the store's bathrooms have a number of features that do not comply with the ADA. Specifically, Blue claims the soap dispensers are too high, toilet handles are not mounted properly, the toilets were too low and the toilet stalls were not wide enough, nor do they have ADA compliant 'grab bars' that aid movement for disabled individuals. Blue also alleged pipes in the bathroom are not properly covered, which put her at risk of being burned. Blue is seeking an injunction requiring Belk to make all necessary changes to fix the alleged ADA violations. She is also seeking attorney's fees and unspecified damages. Riverbirch Corner's property manager, Genesis Property Management, is not named in the complaint. Genesis did not return calls seeking comment. She is represented by Christopher Lane, a solo practitioner in Clemmons, North Carolina.
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