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Barneys New York

Lifestyle
Another Giant Clothier Falls: These NJ, NY, CT Brooks Brothers Stores Are Closed For Good Another Giant Clothier Falls: These NJ, NY, CT Brooks Brothers Stores Are Closed For Good
Another Giant Clothier Falls: These NJ, NY, CT Brooks Brothers Stores Are Closed For Good It was the clothier that dressed 40 presidents, brought us the button-down polo shirt and survived not only the Great Depression and two world wars but also casual Fridays. But like so many other traditional retailers, Brooks Brothers was no match for the coronavirus. The 202-year-old company – considered America's oldest apparel seller -- on Wednesday filed for bankruptcy protection while announcing that 38 stores that it closed amid the COVID-19 pandemic weren't reopening. The shuttered stores in New Jersey, New York and Connecticut include: The Shops at Riverside, Hackensack; 2381…

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by Jerry DeMarco
Business
Luxury Retailer Barneys Sets Closing Date For Its Stores Luxury Retailer Barneys Sets Closing Date For Its Stores
Luxury Retailer Barneys Sets Closing Date For Its Stores Barneys New York luxury goods stores and its corporate office will officially be closed later this month, costing hundreds of jobs after the company went bankrupt. The once iconic luxury retailer will shutter the doors of 15 stores across the country as of Sunday, Feb. 23, with 719 employees losing their jobs, according to the New York State Department of Labor. According to reports, any employee at the 97-year-old chain who has worked for the company at least two years received five-weeks severance, though workers did not receive accrued vacation time. The closures come after Barneys file…

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by Zak Failla