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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.
On March 8, 2006, most McRae's stores were downgraded into Belk stores, with three stores excluded. Locations in Tuscaloosa and Gadsden, Alabama were retained by Saks to convert to its Parisian chain, though both stores eventually would be among the Parisian locations also sold to Belk .
The state of North Carolina leads in the number of Belk stores with 65 stores followed by Georgia and South Carolina with 45 and 35 stores respectively. [1] Its typical store covers 100,000 to 180,000 square feet. 50% of its stores are in regional malls, another 40% in open-air community or retail parks , and 10% in open-air lifestyle centers .
Parisian Inc. (/ p ə ˈ r iː ʒ ə n /, pə-REE-zhən [1] [2]) was an American chain of upmarket department stores founded and headquartered in Birmingham, Alabama.Competing mainly through the 1980s against Nordstrom, Neiman Marcus, and Gus Mayer, Parisian underwent a series of restructurings and mergers during its 130-year history, and was taken over by Proffitt’s, Inc. in 1996.
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