Belk has named Kathryn Bufano as its new president and chief merchandising officer, replacing McKay Belk, who will become the chain's vice chairman. Bufano joined the 306-store department-store chain two years ago as president of merchandising and marketing. Before that she served as CEO of Vanity Shops, and her resume includes executive stints at Sears, Macy's and Dress Barn.

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