Macy's Rival Belk Closing Selma Store with Up to 60% Off

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Source: Daily Mail
Macy's Rival Belk Closing Selma Store with Up to 60% Off
Photo: Daily Mail
TL;DR Summary

Belk, a rival of Macy's, is closing its Selma, Alabama store after 18 years in business. The store is offering a 60% discount on all merchandise until its official closing on Monday, June 5. Belk officials cited a "careful review of our business" as the reason for the closure. The trend of store closures is not unique to Belk, as major retailers such as JcPenney, Walmart, Best Buy, Macy's, and Party City have also announced closures this year.

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