Barneys New York filed for the Chapter 11 bankruptcy and will close 15 stores. See the list.

Barneys

The Barneys New York earlier on Tuesday announced that they have filed for the Chapter 11 bankruptcy protection and will close 15 among 22 stores soon. The stores from Chicago, Las Vegas and Seattle, are in this plan where there are five small concept stores, and seven Barneys Warehouse stores as the company have stated. Moreover, there are five other locations where the Barneys New York stores will stay open and those locations are New York (Madison Avenue and Downtown New York City), two in California (Beverly Hills and San Francisco) and the Boston store at Copley Place.

There are two Barneys Warehouse locations which include an outlet in Central Valley, New York and another one is in Livermore, California. These two stores will remain open along with the two online websites, Barneys.com and BarneysWarehouse.com will continue their job to provide the people with their service.

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According to some reports, approximately 12,000 shops will be unavailable by the end of 2019. Barney’s New York CEO and the president said in a statement, “For more than 90 years, Barneys New York has been an iconic luxury specialty retailer, renowned for its edit, the strong point of view, creativity and representation of the world’s best designers and brands.” Daniella Vitale also added, “Like many in our industry, Barneys New York’s financial position has been dramatically impacted by the challenging retail environment and rent structures that are excessively high relative to market demand.

Here is the list of the stores that are closing:

California

Cabazon: 48650 Seminole Drive, Desert Hills Premium Outlets

Camarillo: 850 East Ventura Blvd., Camarillo Premium Outlets

Carlsbad: 5620 Paseo Del Norte, Carlsbad Premium Outlets

Glendale: 869 Americana Way, The Americana at Brand

Los Angeles: 189 The Grove Drive

Santa Monica: 395 Santa Monica Place

Kaitlyn Fullmer
Kaitlyn Fullmer was born March 27, 1990, is an associate degree, American journalist. she's wide attributable with pioneering the trendy, consumer-focused, technology review and statement. She was the principal technology editorialist for The Wall Street Journal. She conjointly co-founded AllThingsD, rearranged it and therefore the D and Code Conferences. Kaitlyn was govt Editor of The Verge and Editor-at-Large of rearranging, internet sites owned by voice Media. Kaitlyn wrote a weekly column for each and conjointly had a weekly podcast, Ctrl-alt-Delete. Kaitlyn was conjointly co-executive producer of the annual Code Conference. Email: kaitlyn@topdailyplanner.com

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