For several days, the Belk department store chain has been dealing with the aftermath of computer system problems at all of its stores that began last week. That also prompted a number of customers to ...

Belk is unloading more than $950 million in debt and giving some lenders more controlling interests in the company just three years after emerging from bankruptcy. The iconic Charlotte-based ...

SAN FRANCISCO (MarketWatch) -- General Electric Co.'s consumer lending unit after Monday's closing bell said it has agreed to buy and manage the private label credit card assets of Belk Inc., a ...

Belk department store, based in Charlotte, deleverages the company’s capital structure to preserve thousands of jobs and provide the business with additional liquidity to expand national vendor ...