Corporate Office HQ

Belk Corporate Office

Belk

Belk was founded by William Henry Belk in 1888 in Monroe, North Carolina. The store was originally called New York Racket and then renamed to Belk Brothers.

In 1908, the company headquarters was moved to Charlotte, where it remains today. A huge flagship store was built where the Bank of America Corporate Center now stands.

History

In 1921, the Belks begin partnering with the Leggett brothers to open new stores.

In 1952, the company opens its first shopping center in Florida.

In 1956, department store chain Efird is acquired.

In 1988, a new corporate headquarters is constructed in Charlotte.

In 1998, the company consolidates its 112 brands to form Belk Inc.

In 2004, John M. Belk retires as CEO after 50 years of leading the company. He is replaced by Thomas Belk.

In April of 2015, Belk was sold to a private equity firm, Sycamore Partners. Since then, it has laid off more than 200 persons from the corporate office and slashed jobs across the board at all 300 store locations.

In June 2018, the company was listed as one of the three worst employers to work for in North Carolina.

Today, there are over 300 Belk department stores in the US.

Headquarters remain in Charlotte, North Carolina, at this time.

Belk was founded by William Henry Belk in 1888 in Monroe, North Carolina. The store was originally called New York Racket and then renamed to Belk Brothers. In 1908, the company headquarters was moved to Charlotte, where it remains today. A huge … [Continue reading] about Belk Corporate Office

Bally Total Fitness Corporate Office

Bally Total Fitness

Bally Total Fitness began in 1983 when Bally Manufacturing purchased Lifecycle and the Health and Tennis Corporation of America. The Bally Health and Tennis Corporation was formed.

By 1987, Bally’s was the largest fitness center chain in the world. The chain acquired American Fitness Centers and Nautilus Fitness Centers.

In 1995, all brands were renamed to Bally Total Fitness.

History

By 1996, there were 340 fitness centers in the US and Canada.

In 1998, the company went public on the NYSE.

In 2007, the company filed for bankruptcy. The chain was purchased by Harbinger Capital and emerged from bankruptcy.

In 2008, the company again filed for bankruptcy, citing the global economic downturn.

In 2010, the chain was investigated by the Texas attorney general for mailing fake past-due notices to old members in an attempt to get them to re-join the club.

In 2011, the chain sold 171 gyms to LA Fitness.

In 2012, the chain sold 39 gyms to Blast Fitness.

Today, Bally’s operates 60 fitness centers in the US.

Bally Total Fitness began in 1983 when Bally Manufacturing purchased Lifecycle and the Health and Tennis Corporation of America. The Bally Health and Tennis Corporation was formed. By 1987, Bally's was the largest fitness center chain in the … [Continue reading] about Bally Total Fitness Corporate Office

Midas Corporate Office

Midas

Midas began in 1956 as the Muffler Installation Dealers Associated Serivce or MIDAS for short. The company was founded by Nate Sherman with the first location in Macon, Georgia.

By 1966, there were 426 Midas locations.

In 1972, Midas International was purchased by IC Industries. The company was renamed to the Whitman Corporation.

History

In 1979, in addition to mufflers, the company begins to offer brake services.

By 1980, there were 1350 Midas locations worldwide.

In 1986, the 2000th location was opened.

In 1998, Whitman spun Midas off as its own company and is listed on the NYSE.

In 2001, the company purchases 98 franchise locations in an attempt to improve profits.

In 2012, the company is purchased by the TBC Corporation and taken private.

Today, there are over 2500 Midas locations worldwide.

Midas began in 1956 as the Muffler Installation Dealers Associated Serivce or MIDAS for short. The company was founded by Nate Sherman with the first location in Macon, Georgia. By 1966, there were 426 Midas locations. In 1972, Midas … [Continue reading] about Midas Corporate Office

Rue 21 Corporate Office

Rue 21

Rue 21 was originally known as Pennsylvania Fashions Inc. Pennsylvania Fashions Inc filed for bankruptcy in 2002. The 250 store chain was purchased by Saunders Karp & Megrue and renamed to Rue 21.

In 2009, the company opened its 500th location and went public.

In 2011, the company announced it would double the size of its distribution center in Weirton, West Virginia.

History

By 2012, there were 800 stores.

In 2013, the 900th store was opened.

Today, there are 1,213 Rue 21 stores in 48 US states. The company is a discount retailer of young adult clothing and accessories.

Rue 21 was originally known as Pennsylvania Fashions Inc. Pennsylvania Fashions Inc filed for bankruptcy in 2002. The 250 store chain was purchased by Saunders Karp & Megrue and renamed to Rue 21. In 2009, the company opened its 500th … [Continue reading] about Rue 21 Corporate Office

Budget Rent a Car Corporate Office

Budget Rent-A-Car

Budget Rent A Car was founded in Los Angeles, California in 1958 by Morris Mirkin. The original fleet consisted of 10 vehicles. The company got the name budget by undercutting competitors rates.

In 1960, the company headquarters moved to Chicago, Illinois and the company began to expand through franchising.

History

In 1986, the company was purchased in a leveraged buyout by Gibbons, Green and van Amerongen. The company went public in 1987.

In 1997, Budget was purchased by Team Rental Group, its largest franchisee and the stock was listed on the NYSE. The company was renamed to Budget Group.

In 2002, the company was purchased by the Cendant Corporation, who owned Avis. In 2006, the company separated into four division and Budget became the Avis Budget Group. The company is publicly traded on the NASDAQ under the ticker symbol: CAR.

A Forbes article in March 2018 states that Budget has seen a steady decline in profits over the past decade.

Today, there are over 3,000 Budget Rent A Car locations in 120 countries worldwide.

Budget Rent A Car was founded in Los Angeles, California in 1958 by Morris Mirkin. The original fleet consisted of 10 vehicles. The company got the name budget by undercutting competitors rates. In 1960, the company headquarters moved … [Continue reading] about Budget Rent a Car Corporate Office