The Belk store at NorthPoint mall, which is located in Alpharetta, GA has plans to close down the weekend of Labor Day this year. The store did not meet their financial expectations and therefore is closing.
Unfortunately, this store employs 73 individuals who will be out of a job. The company has stated that they are going to try and put these individuals in other Belk stores around the city of Atlanta. Representatives from Belk did however state that this is the only store in the Atlanta area that they have plans on closing.
It is interesting to see that although the NorthPoint Belk may be closing that this company has opened two other stores in the Atlanta area that are stable currently.
Now, a vacant space will be open in the NorthPoint mall in Alpharetta. I am sure that all of residents of Alpharetta and surrounding areas are curious what business will take the chance and put their store in that empty space.
Any ideas of what might take Belk’s place in the current state of the economy?
For more information about this store closing see the full article: http://atlanta.bizjournals.com/atlanta/stories/2009/06/01/daily56.html?ed=2009-06-04&ana=e_du_pap.
