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Exclusive: Tim Belk's new adventure turned the former retailer into an organic farmer
by Katherine Peralta
The Charlotte Observer Translate This Article
2 December 2017
On 2 December 2017 The Charlotte Observer reported:
Tim Belk always likes to have some kind of project to keep himself busy. ... It's on that 200-plus-acre property [his family's property in Chester, S.C.] that Belk, the former CEO of the Charlotte [North Carolina] department store chain that bears his family's name, is working on as his latest, albeit unexpected, project: Starting an organic farm. Belk described organic farming as a fast-growing industry that's especially attractive to young people willing to invest in sustainability and their well-being.
Global Good News service views this news as a sign of rising positivity in the fields of environment and business, documenting the growth of life-supporting, evolutionary trends.
It's been about 16 months since Belk retired after selling the company to New York-based private equity firm Sycamore Partners in December 2015 ... That drew to a close 128 years of family control of a business that mushroomed from a tiny store in Monroe [North Carolina] to the nation's biggest family-owned department store chain.
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