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Belk Sets Strategy to Expand Flagships

Retailer will invest $140 million on up to 15 locations to convert them into bona fide flagships and is opening in Dallas and Huntsville, Ala., in 2014.

department-stores/news

Belk Inc. is fortifying its flagships as part of a master plan to reach $6 billion in sales within five years.

Under the new strategy, Belk, which last year generated $3.78 billion in revenues,...

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