Belk to invest $75 million in store renovations in 2012

02/19/2012 | News & Observer (Raleigh, N.C.), The

Charlotte, N.C.-based department store chain Belk will invest $75 million to renovate about 30 stores this year, focusing on revamping existing spaces instead of adding new locations, the company said. The 300-store chain, which hasn't opened new stores since 2007, has begun looking at possible new markets but won't open any more stores until at least next year.

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News & Observer (Raleigh, N.C.), The

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