Earlier this year, you heard about a big change coming to Galleria Dallas. Saks Fifth Avenue, which had been at the Galleria since its doors opened in 1982, is closing and will be replaced by North Carolina-based department store Belk in 2014.
With this new store coming to one of the Corridor’s most popular shopping destinations, we thought it would be a good idea to give you some pointers. Learn about this new family-owned department store and what you should expect of it this coming year.
With $3.96 billion in annual sales in 2013, Belk operates 301 stores in 16 Southern states, employing about 23,000 people. There are 13 stores in Texas, but this new store will be the first in Dallas.
The Dallas store will be a three-level, 170,000-square-foot space, making it bigger than most of the chain’s stores.
Belk’s tagline, “Modern. Southern. Style.,” indicates the store’s selection of merchandise. This new “flagship” store will carry higher-end brands such as Michael Kors, Polo Ralph Lauren, Free People and Eileen Fisher, according to Belk Inc.
One of the company’s values is moderately-priced apparel. A quick search on the store’s website revealed a chic Michael Kors blazer originally $140 selling for $98 at the department store.
Belk began as a small bargain store opened by William Henry Belk in Monroe, NC in 1888, according to Belk’s website. Belk ‘s brother, Dr. John Belk, eventually became a partner in the business and their company grew.
The company is still owned by the Belk family with President and COO John R. Belk and Chairman and CEO Thomas M. Belk, Jr. leading the company in the 21st century.
The store is “dedicated to friendly service, fair prices and community involvement.” Belk helps to serve communities by helping when disaster strikes, providing educational assistance and supports the fight against breast cancer, according to their website. The company also commits 2.5 percent of its pre-tax income to the communities it serves and has funded more than 250 nonprofits with $6.2 million, according to Belk Inc.
Some other interesting facts to note:
- Dallas-based fashion designer Lucy Dang was one of eight winners of Belk’s Southern Designer Showcase competition.
- Belk has announced that it will be sponsoring the newest season of Project Runway.
- Belk has partnered with Carolina Panthers quarterback Cam Newton for an exclusive line of men’s apparel.
Now that you know what you’re in for, mark your calendars. Belk is set to open in spring 2014. Happy shopping!