Barneys New York
Believe it or not, Barneys New York filed for bankruptcy and will be closing over 15 stores by the end of 2019. Similar to a lot of retail stores, Barneys claims that their profits have taken a serious hit due to the decrease of in-store customers lately. This is true, especially for high-end items. For the time being, Barneys will keep its New York locations open, but no one can know what’s in store for the company in the future.
Barneys New York
Walmart
Even Walmart is feeling the strain lately. In 2019, they’re shutting down at least 18 locations. Because of this, there are hundreds of employees who are now unemployed. Out of the 18 stores, 10 include neighborhood market stores, 2 include stores on college campuses, and 6 are full-sized Walmart locations.
Walmart