Thread regarding Belk layoffs

When will chapter 7 liquidation begin?

As anyone who has studied private equity retail knows they keep a business on average five years before dumping it and moving on to the next investment, well as everyone knows that time is up for Sycamore and Belk and coincidentally this is also the worst we have seen belk stores, messy, understaffed, scattershot merchandise, angry customers, angry
Employees, no existent upper and store level management. Can the signs be more clear? When will liquidation begin?

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Post ID: @OP+1dzLaGMW

11 replies (most recent on top)

The sky is not falling I am sure. Belk bankcruptcy is falling and the creditor is calling!

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Post ID: @2syq+1dzLaGMW

More like Pennies from Heaven for all of us if Belk is following Toy R Us and NRA business model (Thought they loaded with Ca$h)!!!

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Post ID: @2afa+1dzLaGMW

Henny Penny the sky is falling!!!

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Post ID: @2stl+1dzLaGMW

Toys r us liquidation last a month I think. Maybe a little longer.

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Post ID: @1mjb+1dzLaGMW

Anybody worked at ToysRUs, how long did liquidation last? Days? Weeks? Months?

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Post ID: @1cmf+1dzLaGMW

Hope liquidation is soon like this Thanksgiving Day! What is the difference between Belk Retail Associates and Turkeys?We let The Turkeys rest on Thanksgiving Day. What a blood hound store management!

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Post ID: @1agm+1dzLaGMW

end of the fiscal year, March.

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Post ID: @1fzw+1dzLaGMW

We have a glory ho-e in our fitting room

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Post ID: @1ptg+1dzLaGMW

In Florence, SC, "liquidation" usually means somebody made #1 in the fitting room, again!

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Post ID: @ygk+1dzLaGMW

Who cares?

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Post ID: @nya+1dzLaGMW

Hopefully sooner than later. ⚰️🪦

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Post ID: @hlf+1dzLaGMW

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