Belk reduces debt by nearly $1 billion; has new owners Belk, Inc.’s balance sheet is looking a lot stronger. Belk to expand outlet store format — here’s whereBelk is growing its outlet location in its home state of North Carolina. Belk expanding outlet banner with 10 new stores — here are the locations Belk is wasting no time in expanding its new shopping format. Belk expanding its outlet store concept — here are the locations For the first time in its 135-year history, Belk is expanding in the outlet space.
