Belk bankruptcy plan approved by judge. Iconic retailer gets the lifeline it sought.
Raleigh News and Observer via Yahoo News· 4 days agoIt gave Belk a new infusion of capital and cut its debt load by about $450 million. “This is a rare...
Belk Files for Bankruptcy — How Its Chapter 11 Process Is Different From Other Chains
Footwear News via Yahoo News· 3 days agoBelk Inc. is the latest department store to go bankrupt. A little over two weeks ago, lenders...
Belk Pushes Through Quick Reorganization
WWD via Yahoo News· 3 days agoBelk received a federal bankruptcy court’s approval for its restructuring plan Wednesday after filing for Chapter 11 the previous night. The North...
Another Department Store Will File for Bankruptcy: Should Real Estate Investors Worry?
Motley Fool· 4 days agoAs such, news that Belk, a privately owned department store chain based in Charlotte, N.C., is planning to file for bankruptcy may not sit well with real ...
Afternoon Observer: Feb. 24
Charlotte Observer via Yahoo News· 3 days agoIf you’re a fan of art and enjoy consuming works that focus on social justice and history, Charlotte’s Elder Gallery of Contemporary Art will soon have...
This Popular Department Store Just Filed for Bankruptcy
Best Life via Yahoo News· 2 days agoThe COVID-19 pandemic has caused thousands of store closures and financial woes for the retail...
Judge approves Chapter 11 bankruptcy plan for Belk chain
Associated Press via Yahoo News· 3 days agoPartners transfers a large stake of the company to its lenders while maintaining control. “This is a rare Chapter 11, your honor, where everyone wins,” Steven Serajeddini, a lawyer for
Belk to Cut $450 Million of Debt With Record-Breaking Speed
Bloomberg via Yahoo Finance· 3 days agoU.S. Bankruptcy Judge Marvin Isgur said in a hearing Wednesday he would approve the retailer’s bankruptcy plan, paving the way for Belk
Belk, Inc. -- Moody's downgrades Belk's PDR to D-PD following Chapter 11 filing
Moody's via Yahoo Finance· 2 days agoBankruptcy Court in Houston, Texas.
Raleigh software startup Pendo is about to go on a hiring spree
Raleigh News and Observer via Yahoo News· 1 day agoPendo, one of the most valuable and promising startups in North Carolina, beat its own expectations...