Barneys New York files for bankruptcy

Predicting the demise of Sears & Kmart since 2017!
Post Reply
Brian Lutz
Store Manager
Store Manager
Posts: 1425
Joined: March 1st, 2009, 5:51 pm
Location: Piedmont Triad, NC
Been thanked: 56 times
Contact:
Status: Offline

Barneys New York files for bankruptcy

Post by Brian Lutz »

https://komonews.com/news/local/barneys ... bankruptcy

Latest victim of the Retailpocalypse.
SamSpade
Store Manager
Store Manager
Posts: 1568
Joined: September 13th, 2015, 4:39 pm
Has thanked: 374 times
Been thanked: 57 times
Status: Offline

Re: Barneys New York files for bankruptcy

Post by SamSpade »

I'm not sure why, but the KOMO story left out the Philadelphia closure. Significant as Barney's is a visible anchor to the Rittenhouse Square retail district in downtown Philadelphia.
pseudo3d
Posts: 3851
Joined: November 12th, 2015, 7:01 pm
Has thanked: 5 times
Been thanked: 77 times
Status: Offline

Re: Barneys New York files for bankruptcy

Post by pseudo3d »

Barneys New York was always a weird store, it never expanded out like Macy's/Bloomingdale's or Lord & Taylor did, and when it did expand it was largely too little too late. All of its old sister Fifth Avenue stores all went out of business (Bonwit Teller, B. Altman, etc.) with even Bergdorf Goodman, which is owned by Neiman Marcus.
Post Reply