Belk bankruptcy plan approved by judge. Iconic retailer gets the lifeline it sought.
Raleigh News and Observer via Yahoo News· 3 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· 2 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· 3 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· 2 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...
Belk, Inc. -- Moody's downgrades Belk's PDR to D-PD following Chapter 11 filing
Moody's via Yahoo Finance· 1 day agoBankruptcy Court in Houston, Texas.
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
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...
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
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00:18Charlotte-based department store chain Belk to file for bankruptcy Wednesday
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