Monday, August 26, 2019

Barneys exec explains why it's keeping the Madison Avenue flagship

Retail Dive
Just a few weeks after Barneys New York filed for bankruptcy, Chief Digital and Technology Officer and Executive Vice President Katherine Bahamonde Monasebian discussed some of the problems that forced the company into that position in the first place.

"Department stores used to be, in their heyday, the emporium. They were the center of the community. They were the place you went to find what you needed, perfectly curated. There was no retail without department stores," Monasebian said during a panel at the eTail East conference this week, noting that the model has had to evolve in a period of change. . . . more