What do you want to bet that in the near future, Don Hendricks exits Belk? I bet it's coming soon.
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They told us a June inventory and have not announced the dates, just days after the CEO jumps ship. Red alarm bells are ringing.
Nobody knows the inventory dates
And not one of the three stooges or anyone else has a thought about what will happen to the 7000 employees. Imagine that.
Ready to do The Curly Shuffle at Belk? We have three stooges on board Lisa, Patel and Don!
I doubt it… He will probably be our next Nir.
Not until the board finds another su---r to pay thru the nose for on their golden parachute to continue to drive Belk further into the ground for another 2 years at best. I’m sure it will
be a very short contract.
As long as Sycamore owns Belk, nothing will improve.
Without any clear direction and purpose, Belk company is confusing and operating as flying by the seat of one’s pants!
This is the year of liquidation as Sycamore Partners begins to cut cost by eliminating incompetent top executive CEO before liquidate everything from Belk after June all Belk stores inventory!