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Belk CEO Leaves for Gamestop After Less Than a Year on the Job

Don Hendricks will be the interim chief of the department store chain.




Nir Patel, who was appointed the CEO of Belk (Charlotte) in July 2021, has left the department store retailer to become COO of Gamestop (Grapevine, TX).

Don Hendricks, President of Belk, has been appointed the interim CEO. He joined the company in 2016 as the COO before adding stores to his responsibilities in 2019 and being named President in 2020.

Belk operates nearly 300 stores in 16 states. The chain emerged from bankruptcy in February of last year before naming Patel its chief executive five months later.

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When There’s No Succession Plan, Call Wilkerson

Bob Wesley, owner of Robert C. Wesley Jewelers in Scottsdale, Ariz., was a third-generation jeweler. When it was time to enjoy life on the other side of the counter, he weighed his options. His lease was nearing renewal time and with no succession plan, he decided it was time to call Wilkerson. There was plenty of inventory to sell and at first, says Wesley, he thought he might try to manage a sale himself. But he’s glad he didn’t. “There’s no way I could have done this as well as Wilkerson,” he says. Wilkerson took responsibility for the entire event, with every detail — from advertising to accounting — done, dusted and managed by the Wilkerson team. “It’s the complete package,” he says of the Wilkerson method of helping jewelers to easily go on to the next phase of their lives. “There’s no way any retailer can duplicate what they’ve done.”

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