Belk Inc. plans to lay off 30 to 40 employees in its information technology department by next March as part of an outsourcing move. The employees handle the Charlotte-based retailer's application ...

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Belk CEO Don Hendricks’ focus on national brands is helping fuel the department-store chain’s turnaround. The Charlotte-based retailer added 183 national brands to its product roster in 2023.

Belk is unloading more than $950 million in debt and giving some lenders more controlling interests in the company just three ...