Barneys the latest dinosaur of retail sector to explore bankruptcy

100-year-old New York luxury department store is strugglingStatement: ‘Our customers remain our top priority’The luxury department store Barneys New York is exploring a bankruptcy filing as it struggles with high rents and changing consumer tastes, people familiar with the matter said on Saturday. Related: Laid-off Sears workers left with nothing – and they say wealthy bosses are to blameContinue reading...