Instant Alert: We went to Manhattan's most luxurious department store to see how the 1% shops — and it revealed no one's immune to the retail apocalypse

MANAGE SUBSCRIPTIONS   |   UNSUBSCRIBE   |   VIEW ONLINE   We went to Manhattan's most luxurious department store to see how the 1% shops — and it revealed no one's immune to the retail apocalypse by Rashad Benton on Feb 7, 2018, 11:00 AM Advertisement Department stores across the country are doubling down on discount options to offset slowing sales, but not Barneys New York. Established in 1923, Barneys is an exclusive department store known for having some of the sharpest and most expensive clothing items from the world's top luxury brands.  The retailer rarely releases earnings reports, so it's hard to tell how the company is doing.  We visited the Barneys Madison Avenue location in New York City to see how the luxury brand is doing.   We visited Barneys NY's flagship store on a Sunday morning and found all 8 floors strangely quiet. The women's section was particularly empty, but offered a very cathartic shopping experience. Despite the serene atmosphere, a quick look at the registers proved that a lack of customers didn't necessarily mean poor sales for the luxury retailer. See the rest of the story at Business Insider   Share the latest business news with your network:    Email sent to: nguyenvu1187.love5@blogger.com   |   Manage your email preferences   |   Unsubscribe Terms of Service   |   Privacy Policy Business Insider. 150 Fifth Avenue, New York, NY 10011