Topics regarding layoffs at Belk

Topics regarding layoffs at Belk

Here's my question

What are the chances this will actually help and we won't be in the same mess one year from now? For the life of me I can't see how this bankruptcy will address any of the real problems we have that put us in this position in the first place - the... — read more 

by
| 1310 views | | 3 replies (last January 29, 2021)
Post ID: @OP+198JhlCs

Bankruptcy Update

Belk Targets 24-Hour Bankruptcy With Lenders on Board Eliza Ronalds-Hannon Wed, January 27, 2021, 5:55 PM·2 min read (Bloomberg) – Belk Inc., the department store chain owned by Sycamore Partners, will seek to complete an upcoming reorganization... — read more 

by
| 983 views | | no replies yet
Post ID: @OP+198ZtPaP

Can this be trusted?

Belk to file bankruptcy. Department stores to stay open, with no layoffs or closures. *There are not expected to be any layoffs or store closures in the bankruptcy, according to Belk spokeswoman Jenny... — read more 

by
| 1470 views | | 8 replies (last January 28, 2021)
Post ID: @OP+197YJvSp

How will bankruptcy affect us?

I was scared of being laid off before but now I'm petrified. I don't know much about bankruptcies, but I've heard that we can kiss any kind of severance goodbye if we are laid off because the company has no obligations towards us anymore. Is that... — read more 

by
| 1190 views | | 3 replies (last January 27, 2021)
Post ID: @OP+197WEx5K

Facebook or other associate site?

Is there a Facebook or other site for associates to gather, comment, bleat and meet? A more open, back and forth comment board. If not, we bed one. If so what's it called and where located?

by
| 832 views | | 1 reply (January 27, 2021)
Post ID: @OP+197Qif0G

Sycko buys another rusty ship

Sycamore Partners Announces Plans to Add Fourth Ship to Azamara® Fleet Prior to launch, the fourth ship will undergo an extensive refurbishment to match its sister ships All of these ships are aged, small, and inefficient. In a world of Covid... — read more 

Belk family

Do I feel sorry for the Belk family for the current situation of their name sake company? No. They have blood on their hands for selling out to the devil.

by
| 1080 views | | 7 replies (last January 27, 2021)
Post ID: @OP+197tRa69

BANKRUPT. OFFICIAL.

Department store chain Belk files for Chapter 11 bankruptcy, private equity firm Sycamore to take control PUBLISHED TUE, JAN 26 20213:08 PM EST There is a long press release on the web. Said several days ago, the only winner in this is... — read more 

by
| 1240 views | | 2 replies (last January 26, 2021)
Post ID: @OP+196PajZM

Why no mention of layoffs?

We all know they are going to happen, why not be honest for once? That is how other companies handle it!

facebook posts deleted

A customer put a comment on Belk's facebook page about the bankruptcy and not paying vendors and within less than one minute it was deleted. LOL

by
| 840 views | | 2 replies (last January 27, 2021)
Post ID: @OP+1965LZoY

what I think

As a manager I take it personally that Belk corporate has not released one single memo about this, we are also instructed not to discuss this with associates which makes me think that they assume associates are not intelligent or worthy of vital... — read more 

by
| 1550 views | | 7 replies (last January 28, 2021)
Post ID: @OP+196V1Mbi

Bankruptcy news firmed up

Belk Department Store Chain Said to Plan Bankruptcy to Tame Debt January 25, 2021, 3:33 PM EST Lenders would assume equity stake after trip through court Company has delayed or halted payments to some vendors Sycamore’s Belk Inc. is nearing... — read more 

by
| 1580 views | | 7 replies (last January 26, 2021)
Post ID: @OP+195v9YPQ

Stop with the fluff and be transparent

There is no transparency at Belk. The company gives a bad name to private companies. I will think twice about working for a private company again. It is shocking they havent addressed the articles last week with employees.

by
| 843 views | | 1 reply (January 25, 2021)
Post ID: @OP+1954Lbcb

Store closures

Bankruptcy or no bankruptcy. Belk has to close stores, starting with mall locations. Belk has nearly 300 stores mostly in the southeast Compare that to around 500 which Macy’s has nation wide. (This number continues to decrease yearly) Thoughts? — read more 

Manager Cuts

Anyone else hearing Omni managers will be cut.

by
| 1320 views | | 3 replies (last January 25, 2021)
Post ID: @OP+192sh0gY

Getting on the Target bus

We are going to Target. Myself, and two STM’s are all going to Target. We will start on Feb 1. kinda nervous. We are all using PTO until then

by
| 1030 views | | 5 replies (last January 24, 2021)
Post ID: @OP+191ztQDY

Belk bankruptcy? Maybe, maybe not?

Belk’s top lenders, including KKR, looking to avoid taking department store through bankruptcy, WSJ says KKR, Blackstone and other major lenders to Belk are in talks with the North Carolina-based department store chain to keep it out of... — read more 

by
| 1520 views | | 5 replies (last January 21, 2021)
Post ID: @OP+190xdMSk

More insanity...cruise ships?

Royal Caribbean Group reached a definitive agreement to sell its three-ship Azamara brand to Sycamore Partners, a private equity firm, in a $210 MILLION ALL CASH DEAL. The 690-passenger Azamara Journey, Azamara Quest and Azamara Pursuit each... — read more 

by
| 1100 views | | 3 replies (last January 22, 2021)
Post ID: @OP+18ZTl8r2

I don't get some of you people

I understand that many hate their jobs at Belk, I really do. I'm not a big fan of mine either. But it still pays my bills. While I hope the situation will change and while I constantly criticize the management and the policies and so many other... — read more 

by
| 1030 views | | 2 replies (last January 20, 2021)
Post ID: @OP+18ZCfFQD

What will you miss from Belk?

I can’t lie, there have been a lot of good days at Belk, or maybe I prefer to remember good things. Unfortunately, in the end, everything is overshadowed by bad management, especially through this crisis. The dismissal did not surprise me, it was... — read more 

by
| 1110 views | | 4 replies (last January 19, 2021)
Post ID: @OP+18Zy88ug

Belk's Tragic Last Days

One a staple of southern charm, culture, and family values has turned into a complete disaster. Stores are a mess, employees are quitting left and right, store managers are here one day, gone the next, loyal "elite" customers are long gone, replaced... — read more 

by
| 1970 views | | 6 replies (last January 19, 2021)
Post ID: @OP+18WV3h92

Trying to negotiate down debt, weasel out.

Belk Inc., the department store chain owned by Sycamore Partners, is talking with creditors about easing its almost $2.4 billion debt load and has tapped law firm Kirkland & Ellis and investment bank Lazard Ltd. for advice. Belk and its advisers... — read more 

by
| 1650 views | | 2 replies (last January 16, 2021)
Post ID: @OP+18WeL6BA

Too many Good store managers leaving Belk???

Do these store managers know something we don’t??? I’m shocked after hearing so many good ones have left??? Some who had great careers here....left out of the blue.....should we take a hint....

by
| 1004 views | | 2 replies (last January 20, 2021)
Post ID: @OP+18UrrYN5

Charlotte Observer

What does the article in today's Charlotte Observer say about Belk

by
| 2110 views | | 9 replies (last January 14, 2021)
Post ID: @OP+18TEv8Rt

Review/Raise?

Anyone heard if we are receiving either of these this year? I know we got screwed out of one last year is this going to be the new norm?

by
| 1260 views | | 2 replies (last January 13, 2021)
Post ID: @OP+18SDy4cT

Mini Rant.

Serious question. Which dumb as or dumb ases are in charge of determining the weekly sale, daily deals, and weekly spotlight up in corporate?! I work at the flagship store in Charlotte and we hardly see any corporate employees shopping in store... — read more 

by
| 1590 views | | 4 replies (last January 13, 2021)
Post ID: @OP+18Sa5A4j

Money on the table, or please leave.

Office supplies retailer Staples on Monday said it made an offer to buy Office Depot owner ODP Corp for $2.1 billion in cash, nearly five years after its second takeover effort was rejected. But you guyz here keep saying Syc n Belk & co are... — read more 

by
| 1180 views | | 3 replies (last January 12, 2021)
Post ID: @OP+18SNnptS

Over worked managers??

Hi everyone! I work at a medium size store, and have been with the company for a few months. I moved from NY to the south and this was the only job that I could find that paid “decently;” $42k a year. While I know that is A LOT, compared to many... — read more 

New year nothings changed

Still have the virus and business hasn’t improved. The only thing that’s changed is the calendar. Good luck to all of us. Buckle up folks

by
| 1342 views | | 1 reply (January 2, 2021)
Post ID: @OP+18ICbkwF

Belk Remains On Default Watch List

Belk remains a company of concern as many other troubled companies' names are cleared from the default watch list. Full story here: https://www.google.com/amp/s/www.adweek.com/commerce/2020-was-a-watershed-year-for-retail-bankruptcies/amp/

by
| 1620 views | | 3 replies (last January 6, 2021)
Post ID: @OP+18G411z3

Rancho Pescadero

Lisa Harper owns this hotel. when will it reopen? nothing says "one belk" more than a luxury resort in Mexico.

by
| 1900 views | | 9 replies (last January 1, 2021)
Post ID: @OP+18F5QnUp

No post Xmas whining?

What’s wrong Belkers? Why so quiet on post holiday sales? One Belk must be working!

by
| 1690 views | | 8 replies (last January 1, 2021)
Post ID: @OP+18DTv6sa

Start a new thread - post a news comment, question or message:

: