Belk Profit up 31%
June 9, 2011,
Sales rose 5.6% to $848.6 million, with comps up 5.7%. Top performing categories were shoes, children's and home, the company reported. Sales growth from ecommerce was "significant."
"As we approach fall, we remain cautious and continue to monitor the consumer impacts of higher apparel prices, especially when combined with higher prices for food and gasoline," said Tim Belk, chairman and ceo.
Related Content By Author
1200 Suppliers are Ready for You at Intertextile Shanghai
Home & Textiles Today eDaily
Most Viewed Articles
See the August 2017 issue of Home & Textiles Today. In this issue, we look at the Top 50 Retailing Giants Report, plus Manufacturing: Made in the USA gaining ground; International: Portugal ramping up exports; New products: NY Now home textiles introductions; Outlook: Commentary from H&TT's editors; and Planning: Trade show calendar.