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The Beldar are a historically nomadic caste, originally from Northern India and now inhabiting many other parts of that country. The community are the traditionally natives of North India, and are similar to the Odh communities, who are the natives of west India.
But analysts are skeptical the Cincinnati-based retailer wants to double-down on a traditional department store concept. Belk, based in Charlotte, North Carolina, operates 297 department stores throughout the Southeast from Maryland to Texas. Belk's nearest store to Cincinnati is in Ashland, Kentucky. Earlier this week, Belk reported a $146.1 million profit on revenues of $4.1 billion, but disclosed it was reviewing its long-term strategic plan and hired investment banker Goldman Sachs to weigh its options.