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Belk was founded in 1888 by William Henry Belk in Monroe, North Carolina, outside Charlotte. The store was first called New York Racket and then Belk Brothers, after Belk made his brother, physician John Belk, his partner. [3] Belk bought in volume to pass savings on and sold at fixed prices, then a relatively unusual practice. [4]
In 1948, the 12-story, 110,000 square foot, Service Building would be constructed a block south of the store at the corner of Third and Race Streets, housing the growing business's clothing alterations, carpet, drapery, millinery (Pogue's creations regularly come up for sale on eBay), and upholstery workrooms; the print shop; fur storage ...
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Albert Boscov died from pancreatic cancer on February 10, 2017, at the age of eighty-seven. [18] The chain is now headed by his nephew, Jim Boscov. [2]Boscov's continuing success makes it regarded as somewhat of an "outlier" because many department store retailers had begun pulling back to a degree on brick-and-mortar formats.
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