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It opened in 2002 and has 57 stores and restaurants. Its total size is 187,000 square feet. It is owned and managed by Inland National Real Estate Services LLC. It has one anchor store, Belk, which originally opened as McRae's. McRae's was sold and converted to Belk in 2006.
Saks Incorporated (1998–2005) Belk (2006) A McRae's Department Store at the Dogwood Festival Market in Flowood, Mississippi. McRae's was a mid-range regional department store chain founded and based in Jackson, Mississippi, with locations in Mississippi, Alabama, Louisiana, and Florida. The nameplate was in existence for more than a century.
On July 5, 2005, Belk completed the purchase of 47 Proffitt's and McRae's department stores from Saks Incorporated, primarily in Tennessee and Mississippi. Belk downgraded the 39 Proffitt's and McRae's stores to the Belk nameplate on March 8, 2006. Just over a year later, Belk purchased 38 Parisian department stores from Saks on October 2, 2006.
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Proffitt's. Proffitt's was a department store chain based in Alcoa, Tennessee. The chain was founded in 1919 by David W. Proffitt and James Ellis. In 2006, the Proffitt's and McRae's stores were converted into Belk after Belk had acquired the two chains in July 2005 from Saks, Inc. At the time of their demise they operated 47 Proffitts & McRae ...
Nearly 6% of Americans have cognitive disabilities such as autism and dementia, which can cause difficulty concentrating or making decisions. To create accessibility for people with these ...
While Musk’s pay would be the biggest in US corporate history, he is not the only head of a company testing new compensation limits. Median total CEO compensation rose 11.4% in fiscal 2023 to ...
A third anchor conversion came in March 2006, as all McRae's stores, including the stores at Northpark and Metrocenter, were rebranded by Belk. Both the McRae's and Proffitt's chains had been purchased by Belk in late 2005. Belk at Metrocenter closed in August 2009. This boosted patronage at the Northpark and Dogwood Festival Market locations.