Barneys considers its options, including bankruptcy

July 15, 2019

Barneys New York has failed to produce the sales volume necessary to keep up with the high rents it pays for its A-list locations. Now, people familiar with the matter say Barneys is working with a law firm on a potential bankruptcy filing in the coming weeks. The retailer operates 28 total locations, including its department stores, warehouse outlets and Freds restaurants.

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