Wednesday, August 7, 2019

Barneys files for bankruptcy; will close most stores

Barneys New York filed for bankruptcy protection with a plan to shrink its store footprint as it looks to find a buyer to breath new life into its struggling operations.

As part of the plan, the 96-year-old fashion-forward luxury retailer will shutter its stores in Chicago, Seattle and Las Vegas and Seattle, along with five smaller format stores and seven Barneys Warehouse locations. . . . more