IBM inks $98M deal with department-store chain
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- August
- 30
IBM Corp. and Belk Inc. the nation’s largest privately held department store, have signed a seven-year, $98 million deal, renewing an existing outsourcing contract that dates back some 60 years, the companies said today.
The contract calls for Armonk-based Big Blue to continue implementing systems to provide data-center services, storage management, back up and recovery, and system software support, among other things.
Belk, based in Charlotte, N.C., operates more than 300 stores in 16 Southern states.
Separately, IBM said it has installed self-checkout systems in five Key Food stores in New York City.
The technology allows Man-Dell Food Stores, an independent Queens-based grocer, to better compete in the low-margin grocery business, IBM said.









