Barneys Is on the Verge of Bankruptcy. Can Iconic Department Stores Be Saved?

New York City’s department store landscape has long been defined by one letter: B. That B stands for Bloomingdale’s, Bergdorf Goodman, the recently shuttered Henri Bendel and, of course, Barneys New York. Now, the latter of those famous Bs is in trouble. Barneys New York, grappling with evolving customer tastes and high rents, is weighing…

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