Belk Inc. entered into an agreement with Saks Inc. (NYSE: SKS - News) to purchase 47 of the company's Proffitt's and McRae's regional department stores in 11 of the 14 Southeastern states where Belk stores currently operate.
Belk Inc. entered into an agreement with Saks Inc. (NYSE: SKS - News) to purchase 47 of the company's Proffitt's and McRae's regional department stores in 11 of the 14 Southeastern states where Belk stores currently operate.
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