If you’ve ever gone shopping in the southern U.S. states, chances are you’ve been to Belk.
After so many years in the retail business, Belk surely has a story to tell.
Oh, and did we mention he was only 26 years old at the time?
With that kind of capital in hand, Belk was ready to expand.
This sounds like Business 101 to us today but in the 1800s, it was a novel approach.
By 1923, the brothers were pulling in $10 million per year with 20 stores.
Remember retailers called Proffitt’s and McRae’s?
The retail giant didn’t stop there, though.
Much chicer than “Cheap Goods Sell Themselves,” right?
It’s just product on top of product and nobody’s folded in months."
Belk isn’t faring well in consumer reviews either.
Curious how the company’s spending all that revenue?
Well, in the spirit of southern hospitality, Belk gives back to its community.
The chain also promotes civic engagement by encouraging store associates to volunteer and participate in fundraising opportunities.
Sounds like a shopaholic’s dream come true.
