According to unnamed sources, Charlotte, N.C.-based Belk, Inc. intends to close its underperforming Eastland Mall store, also located in Charlotte, by mid-February of next year.
The two-level, 160,000 square foot store opened in 1975 as one of Eastland Mall's original anchors.
Though Belk has denied rumors in the past that they planned to close their Eastland store, even after plans for a larger store in a more affluent neighborhood were announced in 2005, they have made no secret of their displeasure with the demographic changes at the struggling mall and have slowly reduced the breadth and quality of the merchandise lines at the store over the past several years, recently closing the lower level men's department and consolidating its merchandise on the upper level.
Further information on the closing will be proviuded as it becomes available.
Previously on LiveMalls
Belk, Eastland Mall