Belk
Belk, Inc. is an American department store chain founded in 1888 by William Henry Belk in Monroe, North Carolina, with nearly 300 locations in 16 states. Belk stores and Belk.com offer apparel, shoes, accessories, cosmetics, home furnishings, and wedding registry. History Early history Belk was founded in 1888 by William Henry Belk in Monroe, North Carolina, outside Charlotte. The store was first called New York Racket and then Belk Brothers, after Belk made his brother, physician Dr. John Belk, his partner. Belk bought in volume to pass savings on and sold at fixed prices, then a relatively unusual practice. By 1909, the company had moved its headquarters to Charlotte and built a huge flagship store on Trade and Tryon Streets in downtown Charlotte, which would remain the company's headquarters until it was closed in 1988 to make way for the construction of what is now Bank of America Corporate Center. The business grew steadily, relying on "bargain sales" and advertising ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Belk At Mall Of Georgia
Belk, Inc. is an American department store chain founded in 1888 by William Henry Belk in Monroe, North Carolina, with nearly 300 locations in 16 states. Belk stores and Belk.com offer apparel, shoes, accessories, cosmetics, home furnishings, and wedding registry. History Early history Belk was founded in 1888 by William Henry Belk in Monroe, North Carolina, outside Charlotte. The store was first called New York Racket and then Belk Brothers, after Belk made his brother, physician Dr. John Belk, his partner. Belk bought in volume to pass savings on and sold at fixed prices, then a relatively unusual practice. By 1909, the company had moved its headquarters to Charlotte and built a huge flagship store on Trade and Tryon Streets in downtown Charlotte, which would remain the company's headquarters until it was closed in 1988 to make way for the construction of what is now Bank of America Corporate Center. The business grew steadily, relying on "bargain sales" and advertising to ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Proffitt's
Proffitt's was a department store chain based in Alcoa, Tennessee. On March 8, 2006, the Proffitt's and McRae's stores were converted into Belk stores. Belk acquired the two chains in July 2005 from Saks, Inc. History Beginnings Jeweler David W. Proffitt and James Ellis founded the Ellis-Proffitt Co. on Main Street in downtown Maryville, Tennessee, in 1919. The first store had seven departments: ladies ready-to-wear, ladies accessories, millinery, men's shoes, dry goods, and bargain basement. Ellis sold his share of the company to Proffitt in 1921 due to illness. The company expanded by opening its second store in Athens, Tennessee in 1936. In the 1960s, the Maryville store moved from downtown to Midland Plaza in Alcoa. In 1982 the store relocated again to Foothills Mall in Maryville where two stores remained until the Belk acquisition, one for Women and the other for Men, Kids, and Home. A warehouse and distribution center opened in Maryville in 1970. A location i ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Parisian (department Store Chain)
Parisian Inc. (, ) was an American chain of department stores founded and headquartered in Birmingham, Alabama. Competing mainly in the established Southeastern US market through the 1980s against Nordstrom, Neiman Marcus, and Gus Mayer, Parisian underwent a series of restructurings and mergers during its 130-year history, and was taken over by Proffitt’s, Inc. in 1996. In September 2006, Belk purchased the Parisian department store properties from Saks for $285 million, although that sale did not include the Parisian nameplate. Five Parisian store locations in Michigan, Indiana, and Ohio were instead sold to Bon-Ton, and closed nine additional stores nationwide. The remaining twenty-four locations were rebranded as Belk in September 2007, except for the three Michigan stores, which continued to operate as Parisian until rebranding as Carson's in 2013, later to close in 2018. History Early history Parisian was founded in Birmingham, Alabama in 1877 by Estella and Bertha S ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Columbiana Centre
Columbiana Centre is a one-story indoor shopping mall located off Interstate 26/U.S. Route 76 on Harbison Boulevard in Columbia, South Carolina that opened in 1990. Most of the mall's territory is located in Lexington County, although portions of the mall extend into Richland County. The regional mall has of retail space. Its anchors include two Belk stores, Dillard's, and JCPenney. The Men's Belk opened in early 2015 in the former Sears which closed in 2014. History Columbiana Centre, developed by Homart Development Company, opened in 1990 with two anchor stores: Belk and Sears. Dillard's was added as the third anchor in 1993, as was a new wing extending diagonally north. In 1995, J. B. White was added as another anchor. In 1998, JB White was acquired by Dillard's and the JB White location in the mall was closed. Belk took over the former JB White space and Parisian came to the mall in the former Belk space. In 2005, Parisian closed and JCPenney took over the former Parisian sp ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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SouthPark Mall (Charlotte, North Carolina)
SouthPark is an upscale shopping mall in the affluent SouthPark neighborhood in Charlotte, North Carolina. The mall is located approximately five miles (8 km) south of Uptown Charlotte, at the corner of Sharon and Fairview Roads. With , It is one of the most profitable malls in the country with sales at over $700 per square foot. It is the 10th largest on the East Coast and is the 28th largest in the United States. SouthPark is the most congested shopping area in the United States during Black Friday weekend. The mall is visited by more than 12 million visitors a year. SouthPark Mall is also the home of the SouthPark Community Transit Center, which opened in 2004, which serves the CATS bus lines 19, 29, 30, and 57. The Transit Center is located between Belk and Dillard's. History SouthPark opened on February 12, 1970, with anchor stores Belk, Ivey's, and Sears. The area where SouthPark is today was considered to be on the outskirts of Charlotte at the time it opened. Ma ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sycamore Partners
Sycamore Partners is a private equity firm based in New York specializing in retail and consumer investments. The firm has approximately $10 billion in aggregate committed capital. History Founding Sycamore Partners was founded in 2011 by Stefan Kaluzny and Peter Morrow. Before Sycamore, Kaluzny was a Managing Partner at Golden Gate Capital and was employed since the firm's inception. Prior to joining Golden Gate, he co-founded Delray Farms, Inc. and also served as its Chief Executive Officer. Kaluzny received a BA from Yale University and an MBA from Harvard Business School. Morrow served as a Principal at Golden Gate before co-founding Sycamore. Peter Morrow received a BA from Stanford University and an MBA from Stanford Graduate School of Business. Holdings Current *CommerceHub * Staples (Acquired 2017) *Pure Fishing (Acquired January 2019) **Brands include: ABU Garcia, All Star, Berkley, Chub, Fenwick, Greys, Hardy, Hodgman, Johnson, JRC, Mitchell, Penn, Pflueger, Sebil ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Citadel Mall (Charleston, South Carolina)
Citadel Mall is a regional shopping mall located in Charleston, South Carolina, United States. It opened on July 29, 1981 and is located at the intersection of Sam Rittenberg Boulevard (SC Hwy. 7) and I-526. The mall features more than 100 stores. On September 1, 2013 the mall went into foreclosure after then owner CBL & Associates Properties defaulted on mortgage payments and it was purchased at auction by the lender in January 2014. After the auction, the mall was placed under the ownership of a holding company formed by the lender, 2070 Sam Rittenberg Boulevard Holdings LLC and as of January 2017 was under contract to be sold to an undisclosed buyer. The anchor stores are Target, Belk, Dillard's, Mixed Bag Productions, and Medical University of South Carolina. History The mall opened in 1981 as a project of national mall developer Jacobs, Visconsi & Jacobs of Cleveland, Ohio. Citadel Mall is located at the intersection of Sam Rittenberg Boulevard (S.C. Highway 7) and Savann ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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McRae's
McRae's was a mid-range regional department store chain founded and based in Jackson, Mississippi, with locations in Mississippi, Alabama, Louisiana, and Florida. The nameplate was in existence for more than a century. History Samuel P. McRae founded the store in Jackson, Mississippi in 1902 as a dry goods store. It remained a family-owned business through the ensuing decades, while continuing to grow. Sales increased from only $1 million in 1955 to $10 million in 1970. The first location outside Mississippi opened in University Mall (now University Town Plaza) in Pensacola, Florida in 1974. In 1987, McRae's acquired 13 stores in Alabama from Pizitz. With strengths in home furnishings, men's apparel, and cosmetics, the chain was considered one of the most successful family-owned businesses in the country. McRae's was acquired by Tennessee-based Proffitt's in 1994 in a transaction that ''The New York Times'' called "a case of a little fish swallowing a bigger one."Stephanie Strom ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Saks Incorporated
Saks, Inc. (originally Proffitt's, Inc.) was an American holding company founded in 1919. Before acquisition by the Canadian-founded Hudson's Bay Company in 2013, it held ownership of department store chains including New York City-based Saks Fifth Avenue (1998–2013) and Tennessee-based Proffitt's (1919–2005). It acquired several mid-range department store chains in the 1990s, however, refocused on upscale retailing and divested of them in the mid-2000s. HBC maintains the Saks Fifth Avenue nameplate through the full-line department stores, Saks Off 5th off-price stores, and SaksWorks coworking space provider. Operations during 20th century Proffitt's Inc. began as five Proffitt's stores in the Knoxville, Tennessee, metropolitan area. After going public under the symbol PRFT on the NASDAQ stock exchange in 1987, Proffitt's Inc. grew by acquiring several department stores. In 1989 the company purchased 18 Hess's locations in Tennessee, Virginia, Kentucky, and Georg ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Mall At Barnes Crossing
Mall at Barnes Crossing is a super regional shopping mall located northeast of downtown Tupelo, Mississippi. It is managed and partially owned by David Hocker & Associates and is home to over 90 specialty shops, 5 anchor store tenants, an 8-screen Cinemark movie theater, and a 600-seat food court. The anchor stores are Barnes & Noble, Jos. A. Bank, JCPenney, Ulta Beauty, 2 Belk stores, Cinemark, and Dick's Sporting Goods. There is 1 vacant anchor store that was once Sears. History Mall at Barnes Crossing opened March 7, 1990 as the third mall in the Tupelo area. Original anchor stores included Kmart, Belk, and McRae's, along with JCPenney and Sears. Kmart closed in 1996 and was sold to McRae's, which moved its men's clothing and home goods into the former Kmart while retaining women's clothing, children's apparel, and cosmetics at the existing store. Belk later closed and became Parisian, but returned to the mall in 2005 when it acquired both McRae's locations. Belk also acquired ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Charlotte, North Carolina
Charlotte ( ) is the most populous city in the U.S. state of North Carolina. Located in the Piedmont region, it is the county seat of Mecklenburg County. The population was 874,579 at the 2020 census, making Charlotte the 16th-most populous city in the U.S., the seventh most populous city in the South, and the second most populous city in the Southeast behind Jacksonville, Florida. The city is the cultural, economic, and transportation center of the Charlotte metropolitan area, whose 2020 population of 2,660,329 ranked 22nd in the U.S. Metrolina is part of a sixteen-county market region or combined statistical area with a 2020 census-estimated population of 2,846,550. Between 2004 and 2014, Charlotte was ranked as the country's fastest-growing metro area, with 888,000 new residents. Based on U.S. Census data from 2005 to 2015, Charlotte tops the U.S. in millennial population growth. It is the third-fastest-growing major city in the United States. Residents are referr ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Richland Mall (South Carolina)
Richland Mall is an enclosed shopping mall near the intersection of Forest Drive and Beltline Blvd in Columbia, South Carolina. The mall has one anchor store, Belk, and one junior anchor Barnes & Noble. There are two additional vacant anchor stores that have both been majority vacant for nearly 15 years. The mall is nearly 100% vacant, with none of the few remaining inline tenants being retail-oriented. The mall has never received a major renovation and has an ornate late 1980s-early 1990s interior aesthetic. Original Mall (1961-1987) Richland Mall opened in 1961 as the first mall in Columbia. It was an open-air mall, typical of first-generation malls from the mid-twentieth century, and anchored by J.B. White, a major department store based in Augusta, Georgia. that was prevalent in South Carolina. A movie theater was also on a southeastern outlot of the mall. Among the original twenty-seven stores were Winn-Dixie, Eckerd, and Woolworth. By the 1980s, Richland Mall's open ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |