Belk BLKIB
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Black Americans donate to make a difference
… they don't see themselves as big players in the charitable arena, and that presents an image problem, say experts like Judy Belk , a senior vice president for Rockefeller Philanthropy Advisors. "African Americans have been very uncomfortable with the title …
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Saks Sells Parisian
Saks SKS announced plans to unload its last regional department store, Parisian, to Belk for $285 million in cash. The deal is scheduled to close in the third quarter of 2006, at which time we expect to hear more …
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Stocks that Will Benefit from Retail Consolidation
… by Federated's FD plans to close roughly 80 stores in 2006 as part of its acquisition of May. As Federated, Dillard's, Belk , and BonTon are jockeying to stabilize their midtier positions, the playing field has completely changed for department-store …
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Saks Sells Proffitt's and McRae's
Saks SKS announced it will be selling its Proffitt's and McRae's chains to Belk , Inc. for $622 million. We are putting the stock under review as we evaluate this deal and assess the value of the remaining …