Belk experiences positive second quarter

Belk Inc. is reporting a 3.6% increase in sales for its second quarter over last year’s results, with a rise in profits of 11.3% to reach $30.5 million. “Although we continue to see a softening retail environment, we are pleased to report another quarter of sales and earnings growth driven in part by the investments we are making in the business," said Tim Belk, chairman and CEO of the Charlotte, N.C.-based company.

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Charlotte Observer (N.C.), The · Home Textiles Today · American City Business Journals

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