Barneys’ Closing Sale Looks More Like Sears Or Kmart Than Old Madison Avenue

by MR Magazine Staff

Barneys is going out of business — and for some shoppers, the situation is too tacky to stomach. The bankrupt luxury mecca’s flagship on Madison Avenue has been plastered with garish, orange-and-yellow signs hawking discounts of 50 percent and more — a scene that, except for the sky-high prices, looks more like Sears or Kmart than Barneys New York. “Everything 30% to 50% off” blared a sign overlooking the outerwear section — just inches away from the chic Prada logo stenciled on the wall. “Get an additional 20% off entire purchase,” advised a pink, Xeroxed flyer stuck on top of it, adding “Today only!” Read more at New York Post.