Belk was purchased by Sycamore Partners last December. Analyst say the timing was optimal for Belk, but perhaps less so for the new owners.
Belk was purchased by Sycamore Partners last December. Analyst say the timing was optimal for Belk, but perhaps less so for the new owners. Robert Lahser Charlotte Observer file photo
Belk was purchased by Sycamore Partners last December. Analyst say the timing was optimal for Belk, but perhaps less so for the new owners. Robert Lahser Charlotte Observer file photo

Why Belk was smart to sell itself when it did

May 24, 2016 6:57 PM