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McRae's was a regional department store chain founded in Mississippi in 1902 and acquired by Belk in 2005. It had locations in Mississippi, Alabama, Louisiana, and Florida, and was known for its home furnishings, men's apparel, and cosmetics.
Belk is a private retail company founded in 1888 in North Carolina, with nearly 300 locations in 16 states. It offers clothing, shoes, accessories, cosmetics, home furnishings, and a wedding registry, and has acquired several other chains such as Proffitt's and Parisian.
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.
Within the same year, one of those anchors—McRae's—was sold to Belk, which assumed the anchor and rebranded the store's restaurant as Brittyanna's. A steady pattern of vacancies continued until August 2007, when Burlington Coat Factory opened in the first level of the former Gayfers property to great fanfare, drawing patrons from more than ...
Belk later closed and became Parisian, [2] but returned to the mall in 2005 when it acquired both McRae's locations. [ 3 ] Belk also acquired the Parisian chain in 2007, and as a result, the former Parisian at the mall was then closed and became Dick's Sporting Goods in 2008.
Parisian (Birmingham), sold to Belk 2006, renamed September 2007. Five stores sold to The Bon-Ton, converted to the Carson Pirie Scott name. Pizitz (Birmingham), 13-store Alabama chain, sold to McRae's 1987, renamed later that year; Rogers Became a division of Dunlap's that closed in 2007 after sale of store chain by Rogers family.
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Saks, Inc. was an American retail company that owned Saks Fifth Avenue and other department store chains until 2013, when it was acquired by Hudson's Bay Company. Learn about its origins, acquisitions, controversies, and operations in the 20th and 21st centuries.