Don’t spend your precious time beating on the wall and hope to transform it to the door! It is too late now to save Belk with all shake up from the top executive managements and all Belk CEOs are leaving the sinking ship now. Belk destiny and futures are closed the day Sycamore Partners bought Belk in December 2015. The main goal of Sycamore Partners private company is to make money by leverage buy out and cut cost and abandon Belk with heavy debts! As long as there is no change at Sycamore Partners way of doing business and leadership, nothing will change at Belk. If you keep doing what you have don’t wrong at Belk company so far, you will always get what you deserve in the end! Ask Lisa Harper, Nir Patel or Don Hendricks if they all want to make Belk great again or just collect big salary and bonuses when all Belk hard working associates are suffering at the bottom?
You are so right! Belk was doomed the day Sycamore bought it.