Barneys New York store liquidation sales to begin soon, private sales start next week
Store liquidation sales at Barneys New York will begin soon, according to a release issued Friday.
Barneys New York's flagship Madison Avenue outlet in Manhattan will remain open for at least another year in a slimmed-down form. The release said the firms will work to "quickly sell through all inventory during the upcoming holiday season." Sales will also be offered online. Levy said the New York store generates about $20 million in annual profitability for Barneys, even with a recent rise in rent.
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