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Bella Cabakoff was born in Williamsburg, Brooklyn and moved to Columbus, Ohio as a toddler. [4] At 21, she became the youngest buyer for the Lazarus department store chain. In 1951, after spending over 20 years with Lazarus, she and her husband Harry Wexner opened a women's clothing store named Leslie's (after their son) on State Street.
The new Belk location had more than double the floor space of its prior location, reflecting the company's move toward larger stores. [21] Store managers noted that the new location would carry more women's designer clothing and sportswear, in addition to furs and year-round sales of swimsuits. [22]
Belk was founded in 1888 by William Henry Belk in Monroe, North Carolina, outside Charlotte. The store was first called New York Racket and then Belk Brothers, after Belk made his brother, physician John Belk, his partner. [3] Belk bought in volume to pass savings on and sold at fixed prices, then a relatively unusual practice. [4]
The long-struggling mall property is set to get a massive, $100 million overhaul in coming years. The longtime department store there says it is exiting before the bulk of that work begins.
The Charlotte-based department store’s CEO calls it a “pivotal milestone” for “sustainable, long-term growth and profitability.” In survival mode, Belk cuts debt by nearly $1 billion ...
The first shop was 750 sq ft (70 m 2) and used poles, beams, and nets from old tobacco barns, and employed the founders' spouses as staff. [1] Casual Corner broke tradition with retail conventions of the day, allowing women to physically browse clothing and try on items in fitting rooms, rather than encasing apparel behind glass.
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