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belk inc-class a (BLKIA) Snapshot

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belk inc-class a (BLKIA) Details

Belk, Inc., together with its subsidiaries, owns and operates department stores in the United States. Its stores offer fashion apparel, shoes, and accessories for women, men, and children; sportswear for women; and cosmetics, home furnishings, house wares, fine jewelry, gifts, handbags, scarves, small leather goods, denims, and other merchandise. The company also sells its products through its Website,, as well as provides equipment maintenance services to third parties. As of July 9, 2014, it operated 299 stores in 16 states. Belk, Inc. was founded in 1888 and is headquartered in Charlotte, North Carolina.

Founded in 1888

belk inc-class a (BLKIA) Top Compensated Officers

Chairman, Chief Executive Officer and Member ...
Total Annual Compensation: $1.1M
President, Chief Operating Officer, Director ...
Total Annual Compensation: $881.2K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $575.0K
Executive Vice President, General Counsel and...
Total Annual Compensation: $701.0K
Total Annual Compensation: $153.7K
Compensation as of Fiscal Year 2014.

belk inc-class a (BLKIA) Key Developments

Belk Inc. Announces Executive Changes

Belk Inc. has appointed two of its executives to new management posts. The company has named Jan Clevenger as executive vice president and general merchandising manager of men's, home and kids. She has been chair of Belk's Western division, based in Birmingham, Ala., since March 2008. Clevenger joined Belk in 2000 and has held a number of different positions during her tenure. She will report to David Zant, who was recently named president and chief merchandising officer. Zant previously held Clevenger's new post. Belk also has promoted David Luoma to chair of Belk's Western division to succeed Clevenger. He joined Belk in 2011 as senior vice president and director of stores for the company's Southern division, based in Atlanta. Before that, Luoma held various positions for Macy's and May department stores in upstate New York and western Massachusetts.

Belk Inc. Announces Management Changes

Belk Inc. named David Zant as the department store chain's president and chief merchandising officer. Zant, executive vice president and general merchandising manager of men's, home and kids, takes his new post on Aug. 11. Former president and merchandising officer Kathryn Bufano resigned to become CEO of The Bon-Ton Stores Inc. Zant will report to chairman and CEO Tim Belk.

Belk to Open New Store in Greensboro, North Carolina

Belk Inc. has announced the opening of a new Home store at 604 Green Valley Road in Greensboro, North Carolina. The company also announced the re-opening of its store at Friendly Center in Greensboro, North Carolina. The brand-new home department will celebrate its opening on July 25, while the main store that has undergone a complete renovation will re-open on October 15. The new store will allow Belk to expand its assortments of brand merchandise and greatly enhance the shopping environments for customers in the Triad area.


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