Barneys New York Shutters Department Store in Shinjuku

Though Barneys New York was a retail casualty even prior to the COVID-19 pandemic, its Japanese counterpart has remained relatively unscathed. That may not be the case for long, however, as the Eastern branch has announced plans to shutter its store in Shinjuku.Operated by Seven & I Holdings Co. -- the same Japanese conglomerate that operates 7-11 in its native country -- Barneys New York Japan launched in 1990 as a partnership between mega-retailer Isetan and the American iteration of Barneys, ...