Belk Plans Chapter 11 Reorg to Eliminate $450M Debt
Suppliers will continue to get paid as Belk pursues a pre-packaged financial restructuring in which Sycamore retains majority control.
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The pandemic, it turns out, was the pause that Atelier & Repairs co-founder Maurizio Donadi needed in order to begin to convert his collection of more than 8,000 garments into an e-commerce trove of vintage gems—inventory, photography, prod…
The athletic retailer spent last year refining its omnichannel systems, specifically focusing on fulfillment and customer service.
